iShares 1-3 yr Tr. Bond E.T.F. (SHY-Q)

(A Top Pick May 5/15. Up .04%.) There is a little bit of anxiety because there may be a rate hike. This was really a hiding place.

This is a little bit of a chicken play. He does take on cash as well as fixed income. Fixed income has just started its seasonal period. The real sweet spot for fixed income comes up in August, but it can make some returns here. Really a hiding place at this time.

Is a way to hide and sit in cash until the fall.

(A Top Pick May 1/13. Down 0.18%.) This is really close to a money market fund and is more of a cash position than anything else.

This is really just about creating a pool of cash and being able to draw on it when opportunities come up. You can trade back and forth.

Not recommending doing this today because there is still some momentum in the market. But he is guessing you will want to do this before May 5. This is US treasury bonds and the seasonality for them is from May 6 to October 3. This is when US bond prices go higher.