(A Top Pick Feb 13/18, Down 6%) The US bank sector took a hit in December and it has not quite recovered entirely yet. This is her play on the US economy and they have the largest holding of US investor holdings. They increased the dividend by 40% last year and the yield exceeds 3%. It trades at 10 times earnings -- below historical norms. Yield 3.1%.

(A Top Pick Feb 16/18, Down 11%) It's going to have some resistance about $100. He thinks it is a quality bank and soon we should see a challenge of the previous high at $120.

The ruling today for $135 Million is a trivial amount. They are one of the best banks in the world. We have 200 years of history with markets and they have been under-performing markets except for a few 3-5 years periods. Interest rates right now are not good for them. Credit provisioning is relatively low and can only go up. But we could have years of strong credit performance. JPM-N is definitely a great company it the question is whether to own banks. Big banks are growing somewhere between 0 and .2 percent.

(A Top Pick Jan 03/18, Down 5%) US banks have a fared a bit better than Canadian ones. A long-time base around $100 for JPM. A good risk-to-reward is being set up now. Seasonality is happening now. Limited downside and much upside.

JP Morgan vs Citi Group – He likes the American banks. They took profit on JP Morgan a while ago although he thinks it is a more premium holding. CITI is a cheaper stock and he thinks they are planning to do a share buy-back. He prefers to own Bank of America.

The US banks are interesting, but the market is terrible now. Wait. This stock is doing well for him. The US banks should do well as interest rates rise. You can continue to buy this.