A Comment -- General Comments From an Expert

A Commentary

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about A Commentary

Signal
Opinion
Expert
COMMENT
COMMENT
January 6, 2020
Are bonds better than GICs in terms of income? Bonds come in various forms and geographies vs. GICs are plain vanilla. The main difference is liquidity. To take advantage of a pullback, you can't sell a GIC to suddenly buy, but you can with bonds.
Show full opinionHide full opinion
General Market Comment
January 6, 2020
Are bonds better than GICs in terms of income? Bonds come in various forms and geographies vs. GICs are plain vanilla. The main difference is liquidity. To take advantage of a pullback, you can't sell a GIC to suddenly buy, but you can with bonds.
COMMENT
COMMENT
January 6, 2020
Are renewables or healthcare defensive? Both are more defensive than the overall market, so yes. Renewable energy is the biggest mega-trend of our generation. Probably good to stay in these stocks.
Show full opinionHide full opinion
General Market Comment
January 6, 2020
Are renewables or healthcare defensive? Both are more defensive than the overall market, so yes. Renewable energy is the biggest mega-trend of our generation. Probably good to stay in these stocks.
COMMENT
COMMENT
January 6, 2020
Selling a condo for $400K, and my pensions would cover the cost of me going into a seniors' home. Where would I put the $400K till needed? Sounds like you don't need that $400K. So, this is money you could give your kids and grandkids, which is an important decision to make. Make sure you can cover your costs and you're finished travelling. You can invest this money, being a little aggressive, to benefit your kids.
Show full opinionHide full opinion
General Market Comment
January 6, 2020
Selling a condo for $400K, and my pensions would cover the cost of me going into a seniors' home. Where would I put the $400K till needed? Sounds like you don't need that $400K. So, this is money you could give your kids and grandkids, which is an important decision to make. Make sure you can cover your costs and you're finished travelling. You can invest this money, being a little aggressive, to benefit your kids.
COMMENT
COMMENT
January 6, 2020
Maxed out his portfolio which is nothing but ETFs, including 40% ZWU, ZWE and ZWS--all covered call ETFs. Am I giving up too much growth? Plus, what ETFs to buy for Asia? Yes, you gave up some returns in 2019, because of the covered calls. But in 2020 you need to play defense, so hang onto those ETFs. Covered calls are defensive. Asia: India is getting expensive, so don't invest there now.
Show full opinionHide full opinion
General Market Comment
January 6, 2020
Maxed out his portfolio which is nothing but ETFs, including 40% ZWU, ZWE and ZWS--all covered call ETFs. Am I giving up too much growth? Plus, what ETFs to buy for Asia? Yes, you gave up some returns in 2019, because of the covered calls. But in 2020 you need to play defense, so hang onto those ETFs. Covered calls are defensive. Asia: India is getting expensive, so don't invest there now.
COMMENT
COMMENT
January 6, 2020
Holding US stocks in a TFSA? No. The US government charges a 15% withholding tax. Instead, buy a Canadian-domiciled ETF that holds American stocks.
Show full opinionHide full opinion
General Market Comment
January 6, 2020
Holding US stocks in a TFSA? No. The US government charges a 15% withholding tax. Instead, buy a Canadian-domiciled ETF that holds American stocks.
COMMENT
COMMENT
January 6, 2020
Do a put option on a silver ETF to capture more momentum? No. This is purely speculation. Gold has done very well, and so has silver. You can invest in silver as a proxy for gold.
Show full opinionHide full opinion
General Market Comment
January 6, 2020
Do a put option on a silver ETF to capture more momentum? No. This is purely speculation. Gold has done very well, and so has silver. You can invest in silver as a proxy for gold.
COMMENT
COMMENT
January 6, 2020
I'm up 40% in stocks and can afford to lose 20% in a bear market. I hold only stocks. But I'm afraid to make money in lower-yielding bonds, though they're safer. What to do? First, rebalance your portfolio from 100% stocks, by taking some profits and put that money into bonds. If you're conservative, you can adjust say 75/25 stocks/bonds into 70/30. That makes you a little more defensive. Also consider an inverse product--when markets go up, this inverse product goes down--which is a pure defensive play when markets drop.
Show full opinionHide full opinion
General Market Comment
January 6, 2020
I'm up 40% in stocks and can afford to lose 20% in a bear market. I hold only stocks. But I'm afraid to make money in lower-yielding bonds, though they're safer. What to do? First, rebalance your portfolio from 100% stocks, by taking some profits and put that money into bonds. If you're conservative, you can adjust say 75/25 stocks/bonds into 70/30. That makes you a little more defensive. Also consider an inverse product--when markets go up, this inverse product goes down--which is a pure defensive play when markets drop.
COMMENT
COMMENT
January 3, 2020
Market Outlook He thinks everyone is of the belief the market will not be another 20% gain next year. Only twice since WWII, when the market had a gain of 20% in a year has the following year been down. In fact, it has averaged a 9% gain. He would be happy with a 4-5% return this year, plus returns on dividends. 2021 could be another story, following the US elections and other geopolitical events. The US attack in Baghdad on a high ranking Iranian official has resulted in oil and gold rallying. The US Administration has warned US citizens to leave the region to avoid repercussions. We will have to wait and see how things play out. Phase II of a Chinese deal is required for President Trump to be able to influence a market rally. He feels multiples on earnings were stretched in 2019 and there is still some value out there, but it is causing him to become nervous about tightening following the US Presidential election in 2020. This could be led by a market sell off going into the election.
Show full opinionHide full opinion
General Market Comment
January 3, 2020
Market Outlook He thinks everyone is of the belief the market will not be another 20% gain next year. Only twice since WWII, when the market had a gain of 20% in a year has the following year been down. In fact, it has averaged a 9% gain. He would be happy with a 4-5% return this year, plus returns on dividends. 2021 could be another story, following the US elections and other geopolitical events. The US attack in Baghdad on a high ranking Iranian official has resulted in oil and gold rallying. The US Administration has warned US citizens to leave the region to avoid repercussions. We will have to wait and see how things play out. Phase II of a Chinese deal is required for President Trump to be able to influence a market rally. He feels multiples on earnings were stretched in 2019 and there is still some value out there, but it is causing him to become nervous about tightening following the US Presidential election in 2020. This could be led by a market sell off going into the election.
COMMENT
COMMENT
January 3, 2020
Alberta curtailment impact on differentials? The Alberta government is trying to help smaller producers with the regulated curtailments. It costs $12/bbl to rail barrels to the US gulf coast. He thinks the differential should trade between $12-$18 per barrel. He believes the Alberta government will continue the strategy to avoid the differential reaching $23 or more.
Show full opinionHide full opinion
General Market Comment
January 3, 2020
Alberta curtailment impact on differentials? The Alberta government is trying to help smaller producers with the regulated curtailments. It costs $12/bbl to rail barrels to the US gulf coast. He thinks the differential should trade between $12-$18 per barrel. He believes the Alberta government will continue the strategy to avoid the differential reaching $23 or more.
COMMENT
COMMENT
January 3, 2020
He's expecting a bullish 2020. With high-tech stocks, you could have made around 3-%-40% return for 2019. The results aligns with technical analysis. The economy is doing quite well. There are geopolitical events that flairs up now and then. However, S&P500 is still doing fine.
Show full opinionHide full opinion
General Market Comment
January 3, 2020
He's expecting a bullish 2020. With high-tech stocks, you could have made around 3-%-40% return for 2019. The results aligns with technical analysis. The economy is doing quite well. There are geopolitical events that flairs up now and then. However, S&P500 is still doing fine.
COMMENT
COMMENT
January 3, 2020
Generally, the market returns around 8% on average per year. Tech hardware stocks could grow. However, the banks in Canada have struggled. With the dividend, it's alright but he is underweight in banks right now.
Show full opinionHide full opinion
General Market Comment
January 3, 2020
Generally, the market returns around 8% on average per year. Tech hardware stocks could grow. However, the banks in Canada have struggled. With the dividend, it's alright but he is underweight in banks right now.
COMMENT
COMMENT
January 3, 2020
The energy sector seems to have more momentum now. You definitely want to be in oil, natural gas and service side. He's trying to find a bottom right now. It's poor looking right now, but there are still companies that are multi billion dollar companies that will bounce back.
Show full opinionHide full opinion
General Market Comment
January 3, 2020
The energy sector seems to have more momentum now. You definitely want to be in oil, natural gas and service side. He's trying to find a bottom right now. It's poor looking right now, but there are still companies that are multi billion dollar companies that will bounce back.
N/A
N/A
January 2, 2020
Market. Following a 25-30% year it is pretty tough to say we will have another one. He feels we should get a 5-10% gain this year. The CAD$ is up about 5% over the US dollar and the US dollar showed strength against all major currencies last year. Maybe it is foreshadowing better flow of funds into Canada. Perhaps we will see Western Canadian Crude being stronger. We got smacked at the end of 2018 and then global markets did well. He is still forecasting another 5-10% this year. He does not feel we can have a recession until US housing turns over.
Show full opinionHide full opinion
General Market Comment
January 2, 2020
Market. Following a 25-30% year it is pretty tough to say we will have another one. He feels we should get a 5-10% gain this year. The CAD$ is up about 5% over the US dollar and the US dollar showed strength against all major currencies last year. Maybe it is foreshadowing better flow of funds into Canada. Perhaps we will see Western Canadian Crude being stronger. We got smacked at the end of 2018 and then global markets did well. He is still forecasting another 5-10% this year. He does not feel we can have a recession until US housing turns over.
N/A
N/A
January 2, 2020
When he has fixed positions in the portfolio that move up, he re-evaluates them and may trim them back. Sometimes the company is doing better than expected and he moves his weighting up.
Show full opinionHide full opinion
General Market Comment
January 2, 2020
When he has fixed positions in the portfolio that move up, he re-evaluates them and may trim them back. Sometimes the company is doing better than expected and he moves his weighting up.
COMMENT
COMMENT
January 2, 2020
Will 2020 be another year of gains for stocks? There really isn't any reason for the market to turn over. Unemployment is at 50 year lows, low interest rates, and you have a president who is pro-business. We're seeing the result of increased productivity from technological innovation, not just a fake market runup. Though US manufacturing is slowing down, housing and oil look good. But the main thing is the US consumer and buying through Amazon. We don't realize how much tech changes will impact our lives and how quickly.
Show full opinionHide full opinion
General Market Comment
January 2, 2020
Will 2020 be another year of gains for stocks? There really isn't any reason for the market to turn over. Unemployment is at 50 year lows, low interest rates, and you have a president who is pro-business. We're seeing the result of increased productivity from technological innovation, not just a fake market runup. Though US manufacturing is slowing down, housing and oil look good. But the main thing is the US consumer and buying through Amazon. We don't realize how much tech changes will impact our lives and how quickly.
COMMENT
COMMENT
January 2, 2020
ETFs for income. ZWB is a good ETF for income. Only 50% is used with the covered call, so you still have 50% for growth. The covered calls provide better income, somewhere around 5.5%. Though you don't get the tax benefit in a TFSA. The XSP is another good one.
Show full opinionHide full opinion
General Market Comment
January 2, 2020
ETFs for income. ZWB is a good ETF for income. Only 50% is used with the covered call, so you still have 50% for growth. The covered calls provide better income, somewhere around 5.5%. Though you don't get the tax benefit in a TFSA. The XSP is another good one.
COMMENT
COMMENT
January 2, 2020
ETFs for an RESP. Bought VGRO when it came out. Thought it was going to be great, but ended up selling it all and buying XSP instead. He found VGRO had too much Europe, and so the performance was nothing. He looks for broader based ETFs.
Show full opinionHide full opinion
General Market Comment
January 2, 2020
ETFs for an RESP. Bought VGRO when it came out. Thought it was going to be great, but ended up selling it all and buying XSP instead. He found VGRO had too much Europe, and so the performance was nothing. He looks for broader based ETFs.
COMMENT
COMMENT
December 31, 2019
2019's broad-based rally impresses him, particularly the global nature of it with Europe making new highs. It feels different heading into past years. In 2020, the US dollar will struggle--Canadian investors are now very overweight the US dollar and US stocks, so they should reduce exposure heading into 2020, because he expects the US dollar to roll over. Meanwhile, the US deficit keeps growing. There's still good growth there, but they have expanded the deficit 5% to gain 2% economic growth. Investor sentiment is so bullish that we're not in an overbought market. Hold onto some cash for an opportunity in 2020--it's always great to buy when everything is negative. Shifts in sentiment can be big.
Show full opinionHide full opinion
General Market Comment
December 31, 2019
2019's broad-based rally impresses him, particularly the global nature of it with Europe making new highs. It feels different heading into past years. In 2020, the US dollar will struggle--Canadian investors are now very overweight the US dollar and US stocks, so they should reduce exposure heading into 2020, because he expects the US dollar to roll over. Meanwhile, the US deficit keeps growing. There's still good growth there, but they have expanded the deficit 5% to gain 2% economic growth. Investor sentiment is so bullish that we're not in an overbought market. Hold onto some cash for an opportunity in 2020--it's always great to buy when everything is negative. Shifts in sentiment can be big.
COMMENT
COMMENT
December 31, 2019
EQX-X / Gold Hard to examine a one-month chart for EQX; there's not enough history. So, looking at spot gold: the one-year chart shows a flag. Over three years, gold had trouble breaking $1,350. Now, gold in the past half-year shows a flag after a run-up earlier in 2019. Gold's outlook is good. Buy a gold ETF to be safe. Besides, gold, he also owns silver bullion.
Show full opinionHide full opinion
General Market Comment
December 31, 2019
EQX-X / Gold Hard to examine a one-month chart for EQX; there's not enough history. So, looking at spot gold: the one-year chart shows a flag. Over three years, gold had trouble breaking $1,350. Now, gold in the past half-year shows a flag after a run-up earlier in 2019. Gold's outlook is good. Buy a gold ETF to be safe. Besides, gold, he also owns silver bullion.
COMMENT
COMMENT
December 31, 2019
A lot of the action in 2019 actually happened in the last 3-4 months and before that markets were mediocre. The large caps are a little overbought. It was a year of extremes--go big or go home. Massive losers were energy and oil, small caps and emerging markets. Massive gainers: tech, large caps. Small caps should do well in the first part of 2020. He's been buying into EM and dipping into gold and oil (but not cannabis). He expects a rotation out of large caps. Bonds are underloved, but it's time to consider them and pull some risk out of your portfolio. Canadian oil seems to be basing with stocks breaking their downtrends and starting to move up--but it's super-early and an unconfirmed trend. He's dipping his toe into the energy space for now and watching its progress. Same with precious metals. He's remaining fully invested and getting more defensive, but not bearish.
Show full opinionHide full opinion
General Market Comment
December 31, 2019
A lot of the action in 2019 actually happened in the last 3-4 months and before that markets were mediocre. The large caps are a little overbought. It was a year of extremes--go big or go home. Massive losers were energy and oil, small caps and emerging markets. Massive gainers: tech, large caps. Small caps should do well in the first part of 2020. He's been buying into EM and dipping into gold and oil (but not cannabis). He expects a rotation out of large caps. Bonds are underloved, but it's time to consider them and pull some risk out of your portfolio. Canadian oil seems to be basing with stocks breaking their downtrends and starting to move up--but it's super-early and an unconfirmed trend. He's dipping his toe into the energy space for now and watching its progress. Same with precious metals. He's remaining fully invested and getting more defensive, but not bearish.
N/A
N/A
December 30, 2019
[A Show did not air today.]
Show full opinionHide full opinion
General Market Comment
December 30, 2019
[A Show did not air today.]
N/A
N/A
December 30, 2019
Market. We are seeing something of a year-end melt-up in the markets. We have had a ten-year unprecedented run in the markets. What a decade! Valuations are stretched now. It's a pattern we saw in 1929 and in 2000 in the tech bubble. He thinks this trend is now focused more on the large caps. We have a narrowing market with a blow-off top. There is going to be payback for all for this when liquidity pumping stops. The global economy peaked out earlier in the year. Purchasing manager's indexes across the world are having a bit of a dead-cap bounce now. It is still a topping process in the global economy and will have an impact on stocks. We are due for a bear market.
Show full opinionHide full opinion
General Market Comment
December 30, 2019
Market. We are seeing something of a year-end melt-up in the markets. We have had a ten-year unprecedented run in the markets. What a decade! Valuations are stretched now. It's a pattern we saw in 1929 and in 2000 in the tech bubble. He thinks this trend is now focused more on the large caps. We have a narrowing market with a blow-off top. There is going to be payback for all for this when liquidity pumping stops. The global economy peaked out earlier in the year. Purchasing manager's indexes across the world are having a bit of a dead-cap bounce now. It is still a topping process in the global economy and will have an impact on stocks. We are due for a bear market.
COMMENT
COMMENT
December 30, 2019
Markets sold off today, but he won't make predictions--they're usually wrong. But if you need to change the structure of your portfolio, then do it now. With low interest rates, there's nowhere to go except stocks, especially tech and interest-sensitive ones. European stock indexes are actually up 23% this year, so don't avoid Europe. It's important to diversify across all sectors and areas....Cash in 2020: Nasdaq is trading over 30x multiple; tech now is like tech in 1998; don't go full bore into tech, but take some profits. Also, don't be 100% cash either; have cash in case markets fall. Markets are toppy.
Show full opinionHide full opinion
General Market Comment
December 30, 2019
Markets sold off today, but he won't make predictions--they're usually wrong. But if you need to change the structure of your portfolio, then do it now. With low interest rates, there's nowhere to go except stocks, especially tech and interest-sensitive ones. European stock indexes are actually up 23% this year, so don't avoid Europe. It's important to diversify across all sectors and areas....Cash in 2020: Nasdaq is trading over 30x multiple; tech now is like tech in 1998; don't go full bore into tech, but take some profits. Also, don't be 100% cash either; have cash in case markets fall. Markets are toppy.
COMMENT
COMMENT
December 30, 2019
How often should I rebalance my portfolio? He's not an active trader; since 2016, he rebalanced Shopify twice, Heico once, and Cognex once (i.e. selling half when a stock climbs high). That's it. Rebalances enhances returns long-term 1-2% annually that (compounded) adds up over time.
Show full opinionHide full opinion
General Market Comment
December 30, 2019
How often should I rebalance my portfolio? He's not an active trader; since 2016, he rebalanced Shopify twice, Heico once, and Cognex once (i.e. selling half when a stock climbs high). That's it. Rebalances enhances returns long-term 1-2% annually that (compounded) adds up over time.
COMMENT
COMMENT
December 30, 2019
Gold strategy? First, what percentage do you want to invest in stocks, bonds, real estate, precious metal, currencies, etc? This determine how much gold you want to buy--a gold and silver stock or an ETF, for example. Don't just roll the dice on a gold stock. Consider your goals and investing style. Maybe allocate 5% of your portfolio in gold, like buy gold itself and store it away. ETFs mean you pay that MER, which is giving away a lot. More than 5% means more risk and volatility--can you handle that?
Show full opinionHide full opinion
General Market Comment
December 30, 2019
Gold strategy? First, what percentage do you want to invest in stocks, bonds, real estate, precious metal, currencies, etc? This determine how much gold you want to buy--a gold and silver stock or an ETF, for example. Don't just roll the dice on a gold stock. Consider your goals and investing style. Maybe allocate 5% of your portfolio in gold, like buy gold itself and store it away. ETFs mean you pay that MER, which is giving away a lot. More than 5% means more risk and volatility--can you handle that?
COMMENT
COMMENT
December 27, 2019
Leon Tuey, technical analyst, called the bottom in 2008, now predicts that there's much more to come with this current market. We're in the 6th inning. Some analysts are rotating into cyclicals like mining and energy. Copper should climb, for example. Tuey is an oil bull, targeting $93 for WTI which is huge for the Canadian market and will set new TSX highs. But this can impact inflation and raise interest rates. He's very positive for 2020 and beyond. Lumber bottomed in May, which will boost housing and real estate. Overall, because Canada is cyclical, Canada will outperform for the next 2-3 years.
Show full opinionHide full opinion
General Market Comment
December 27, 2019
Leon Tuey, technical analyst, called the bottom in 2008, now predicts that there's much more to come with this current market. We're in the 6th inning. Some analysts are rotating into cyclicals like mining and energy. Copper should climb, for example. Tuey is an oil bull, targeting $93 for WTI which is huge for the Canadian market and will set new TSX highs. But this can impact inflation and raise interest rates. He's very positive for 2020 and beyond. Lumber bottomed in May, which will boost housing and real estate. Overall, because Canada is cyclical, Canada will outperform for the next 2-3 years.
COMMENT
COMMENT
December 27, 2019
Stocks aren’t that expensive relative to interest rates. If rates remain stable, and if there is no inflation, then it is positive. Low interest rates in Europe will probably continue too. The US will remain flat.
Show full opinionHide full opinion
General Market Comment
December 27, 2019
Stocks aren’t that expensive relative to interest rates. If rates remain stable, and if there is no inflation, then it is positive. Low interest rates in Europe will probably continue too. The US will remain flat.
COMMENT
COMMENT
December 27, 2019
Trump’s tax cuts helped corporate earnings and prices. He thinks the impeachment could lead to more coverage and his popularity to rise.
Show full opinionHide full opinion
General Market Comment
December 27, 2019
Trump’s tax cuts helped corporate earnings and prices. He thinks the impeachment could lead to more coverage and his popularity to rise.
COMMENT
COMMENT
December 24, 2019
There's a correction coming, though he's bullish 2020. Put some risk control in. Gold looks attractive. The toughest thing to do now is nothing. He's been bullish since October. The market's had a good run and needs a breather. Sentiment indicates a correction of 10%. If you have cash to deploy, then sit on your hands and wait. Sometime in January into February there should be a pullback.
Show full opinionHide full opinion
General Market Comment
December 24, 2019
There's a correction coming, though he's bullish 2020. Put some risk control in. Gold looks attractive. The toughest thing to do now is nothing. He's been bullish since October. The market's had a good run and needs a breather. Sentiment indicates a correction of 10%. If you have cash to deploy, then sit on your hands and wait. Sometime in January into February there should be a pullback.
N/A
N/A
December 23, 2019
[Berman's Call did not air today.]
Show full opinionHide full opinion
General Market Comment
December 23, 2019
[Berman's Call did not air today.]
Showing 61 to 90 of 13,608 entries