Market Commentary — Page 446

Market Commentary

COMMENT

Market outlook. Not a strategy that he follows, but this May it may be a strategy to follow. They have been pressing equities a lot. Still very bullish and markets are getting cheaper since earnings have gotten up. That being said, we are seeing some technical resistance, higher tax propositions and all that together makes market more tough. If you have indices that are near highs, he would peel back from them and look at specific equity allocations.

COMMENT

Reopening. The reopening stories was a question of balance sheet drip. With the vaccines and reopening happens concretely, you have to own them. You just have to buy them at the proper technical levels. These will probably more active positions, but when the tape is weak, he is buying them.

COMMENT

Commodities. The commodities rally probably has more legs. People are misjudging pent-up demand and the impact of stimulus. The key player in commodities is China. Copper has been trading sloppy since the Chinese policy makers pronounced on the issue. You have to buy and sell at the right time. This will change if China decides to dig its heels in.

COMMENT

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. With reopening, transportation could be a good theme to invest in. It usually does well during an economic recovery. Companies like TFII, CJT, CP and MTL will be beneficiaries. Unlock Premium - Try 5i Free

COMMENT

It would be amazing if we could talk about stocks and not cryptos all the time, but it won't happen. We're seeing a slow-motion crypto collapse. The easy money in crypto has been made as Bitcoin has plunged. However, nothing is stopping anyone from creating a new crypto.

COMMENT

Easy to find growth stocks at a decent price? He has a portfolio full of growth stocks that are still priced well enough to go forward with. A bit of both tech and cyclicals. The large social media type tech stocks are still very reasonably priced with 20% growth going forward. The general economy is opening up, and there are opportunities almost everywhere. Be careful of valuations, as well as short-term concerns over inflation. Once the building boom is over and commodity prices catch up, these concerns should settle down.

COMMENT

Too early for airlines and hotels? No, he owns both. He just chose not to recommend them for today's top picks, as they're not at the core of what he does.

COMMENT

$75K to put into a TFSA. He'd put it in 7 stocks to diversify. AMZN, MSFT, 1-2 of the Canadian banks, 1 of the railroads (or AC if you're more aggressive), a class oil company like CNQ or TOU, and a world-class global healthcare company that's into robotic surgery or PFE that will raise its dividend nicely. That presents a nice mix.

COMMENT

Markets. All-time highs earlier this month, and now we've pulled back by 4-5%. Totally normal, happens around 3x a year. Consensus global GDP of 6% for 2021 provides a good backdrop for stocks. That would be the strongest annual economic expansion since 1980. In 2022, expecting 4% growth. Vaccination numbers are growing around the world. Declining number of cases will provide a good backdrop. Volatility is due to inflation concerns and digesting gains so far this year.

COMMENT

Today's market weakness. Inflation concerns started last week with the surge in the US CPI. This is transitory. An economic restart is not the same as a normal business cycle recovery. Supply bottlenecks plus pent-up demand are combining to push prices materially higher. Inflation won't go back to zero, but spike in inflation is temporary. Usually, we see demand slowly capture supply, but they're neck and neck right now.

COMMENT

Airline stocks. Airline stocks are high beta, very volatile. Travel numbers are getting back to pre-pandemic levels. He owns AC. To mitigate single-name risk, you could look at the JETS etf, with 70% of names in the US. If you're OK with the volatility, these are good medium-longer term investments.

COMMENT

Focus for the economic recovery. He's not necessarily looking for more torque. He wants names that are more sensitive to the economy. In the early stages of a recovery, you want to be in cyclicals like energy, materials, industrials, and financials. It's not the right time for consumer staples.

COMMENT

Rotation from tech to value. YTD, the S&P performance has tech at the bottom of the 11 sectors, while energy and financials are at the top. Tech has done well the last 3-4 years, but now there's a move out of it.

COMMENT

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Commodities will probably continue to run from weakened US dollar and increased demand. The reopening will bring demand. This might change once we transition out of COVID induced imbalances in demand and supply. Interest rates rising, the US dollar strengthening or economic slowdown will put an end to this quickly. Unlock Premium - Try 5i Free

COMMENT

Today's slide was a victory for rational investing, as Bitcoin tanked. He disagrees with wealth manager Cathy Wood that cryptos will come back, that Elon Musk will come back to them. Today was a banner day for investing, not speculating.

Showing 6,676 to 6,690 of 21,760 entries

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Bruce Murray

The Murray Wealth Group

Joe Terranova

Virtus Investment Partners

Stephanie Link, Chief investment strategist, Hightower

Hightower

Jenny Harrington, CEO, Gilman Hill Asset Management

Gilman Hill Asset Management

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

A Comment -- General Comments From an Expert (A Commentary)

Market outlook.(A Commentary)

Reopening.(A Commentary)

Commodities.(A Commentary)

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research.(A Commentary)

A Comment -- General Comments From an Expert(A Commentary)

Easy to find growth stocks at a decent price?(A Commentary)

Too early for airlines and hotels?(A Commentary)

$75K to put into a TFSA.(A Commentary)

Markets.(A Commentary)

Today's market weakness.(A Commentary)

Airline stocks.(A Commentary)

Focus for the economic recovery.(A Commentary)

Rotation from tech to value.(A Commentary)

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research.(A Commentary)

A Comment -- General Comments From an Expert(A Commentary)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Bruce Murray

Joe Terranova

Stephanie Link, Chief investment strategist, Hightower

Jenny Harrington, CEO, Gilman Hill Asset Management