Market Outlook He thinks a melt-up will follow an announcement of a trade deal between China and the US, but most is already factored into the market. He thinks there is 6-7% of upside in the market next year. We may not get a pullback in the market until the US Primaries -- around March. Brexit, interest rates, and earnings have already been taken into account by the market. The Chinese want a trade deal passed, although it may roll into January should not derail the Santa Claus rally. He is not entirely in on the all risks off trading strategy and is using a barbell strategy that includes real assets (RA.UN) like infrastructure and real estate paying a 5% dividend yield.

Dow is the chemical side, which is very cyclical. Worries of a recession in Germany and the Chinese trade drove stock prices down in August, but has since recovered nicely. A good buy on weakness. Not one of his core holdings.

It has had a good bounce this year. Brookfield has been brought in (now holding 5% of the stock) and holds a couple of board seats. The true value is $11-$12, he thinks. He likes the hydro generation assets on the renewable trend. Yield 2.5%

Management has stated the dividend is safe as they would rather not grow to protect it. Unfortunately there as less and less investors wanting to buy into the space, because pipeline development is not being supported by government. There are too many other opportunities globally. Fundamentally the company is fine, but he is not sure this is the space to invest.

He does not own this as he prefers to own Square, Visa and Mastercard. A high growth, high multiple expensive stock. If they ever guide down, they could be down 15-20% in a day. You should own a basket of these.

A great global brand that he bought on a pull back a year ago. It is a very high margin business and they have done well expanding into China. A great stock to buy on weakness (down 4-5%).

The company has had a tough year -- China, weather, commodity weakness. If you have a two year time horizon, you will do fine. To get it back into a growth trajectory again it will take that long.

European banks are becoming more stable. It has had a good bounce as a hard Brexit is looking less likely. This is the best UK bank as it trades around book value. He would complement this along with a large US bank for growth and a Canadian bank for the dividend. Yield 3.6% plus an annual special premium.

TXN or others? He owns some semi-conductors like NVDA and XLNX. He does not own TXN. If you want yield, he would suggest INTC.

TXN or others? He owns some semi-conductors like NVDA and XLNX. He does not own TXN. If you want yield, he would suggest INTC.

TXN or others? He owns some semi-conductors like NVDA and XLNX. He does not own TXN. If you want yield, he would suggest INTC.

TXN or others? He owns some semi-conductors like NVDA and XLNX. He does not own TXN. If you want yield, he would suggest INTC.

(A Top Pick Jan 31/19, Up 3%) He was disappointed with this one. 2020 will be a better year and growth is just getting going now. They hold industrial warehousing for e-commerce, Amazon and others. The dividend is in US dollars. He will continue to hold. He expects a total return of 10% in 2020. Yield 5%

(A Top Pick Jan 31/19, Up 11%) One of the largest shippers of oil and natural gas in North America. December 10 is their analyst day and there should be good news on earnings. It should get 8-10% growth plus the dividend. Yield 6%

(A Top Pick Jan 31/19, Up 47%) He was given a gift that everything was cheap in January. It still has growth that he likes. Office365 membership has been good. He could see $160 per share by next year -- up another 10%.