John Hood
Member since: Oct '09
President & Portfolio Manager at
J. C Hood Investment.
J. C Hood Investment.
1700 Opinions
Latest Top Picks
(A Top Pick Dec 05/19, Down 12%) He is always wrong when he recommends something in Europe. He got out.
(A Top Pick Dec 05/19, Up 2%) It is a core holding for the TSX. He has little Canadian holdings and has not had for several years. He is not that keen on Canada mainly because of government policy bent on destroying the energy industry.
(A Top Pick Dec 05/19, Up 20%) It is a core holding. He will always have this.
US companies that are constantly increasing their dividends over time. It has a lot of very familiar names in it. He thinks it will continue to perform well. It is more into the value sector.
Banks. It is a play on US banks. It has a about a 9.5% yield. It has a very broad segment of the US banks. He uses it as an income play. Banks in a zero rate interest rate environment have trouble making money but he does not see it as a that bi a risk.
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Opinion
Expert
Chart
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November 9, 2020
Market. He wrote that there was going to be a spectacular upside in the markets following an announcement of a COVID19 vaccine and then it happened the next morning. It is very positive and let's hope it works as well as Pfizer is saying. Hospitality, airlines and real-estate have been the most battered sectors from the pandemic. Anything can go wrong. When the airlines get going again it is going to be very positive for oil. He wants to look at it more carefully. He has never been a fan of gold. He is not a gold bug.
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Market. He wrote that there was going to be a spectacular upside in the markets following an announcement of a COVID19 vaccine and then it happened the next morning. It is very positive and let's hope it works as well as Pfizer is saying. Hospitality, airlines and real-estate have been the most battered sectors from the pandemic. Anything can go wrong. When the airlines get going again it is going to be very positive for oil. He wants to look at it more carefully. He has never been a fan of gold. He is not a gold bug.
HOLD
HOLD
November 9, 2020
It has a very strong yield, partly capital gains. Today things have changed. Covered calls are very good in a flat to slightly rising environment. Covered calls impair the upside of the underlying securities. If you are expecting a rally, like today, you may want to reconsider, although you get a very nice yield here. He prefers the hedged versions of ETFs right now.
Show full opinionHide full opinionIt has a very strong yield, partly capital gains. Today things have changed. Covered calls are very good in a flat to slightly rising environment. Covered calls impair the upside of the underlying securities. If you are expecting a rally, like today, you may want to reconsider, although you get a very nice yield here. He prefers the hedged versions of ETFs right now.
E.T.F.'s
HOLD
HOLD
November 9, 2020
It has the TSX covered, banks, oils and everything else. You are after it for the yield. Sometimes the managers get overwhelmed and then sell the call further out so they are very good. They are pretty agile. He would not be in a race to sell.
Show full opinionHide full opinionIt has the TSX covered, banks, oils and everything else. You are after it for the yield. Sometimes the managers get overwhelmed and then sell the call further out so they are very good. They are pretty agile. He would not be in a race to sell.
E.T.F.'s
N/A
N/A
November 9, 2020
Bank covered calls when they go out of the money. It depends on what the banks are doing. If banks are falling he will buy back the call and sell closer. If it is rising, he will buy it back and ride the stock itself. You have to be very nimble and know what you are up to.
Show full opinionHide full opinionBank covered calls when they go out of the money. It depends on what the banks are doing. If banks are falling he will buy back the call and sell closer. If it is rising, he will buy it back and ride the stock itself. You have to be very nimble and know what you are up to.
COMMENT
COMMENT
November 9, 2020
They take a group of US stocks and write options on them and get some great returns. He has not used them because he is more focused on growth rather than enhanced income. Certainly they have a good product but the fees are higher than he wants to pay. The calls put a cap on the growth. He only goes 10-15% of the client's portfolio in these kinds of ETFs.
Show full opinionHide full opinionThey take a group of US stocks and write options on them and get some great returns. He has not used them because he is more focused on growth rather than enhanced income. Certainly they have a good product but the fees are higher than he wants to pay. The calls put a cap on the growth. He only goes 10-15% of the client's portfolio in these kinds of ETFs.
E.T.F.'s
WAIT
WAIT
November 9, 2020
Prior to today it was not a bad idea but with this rally we had, wait and see what shakes out over the next few days.
Show full opinionHide full opinionPrior to today it was not a bad idea but with this rally we had, wait and see what shakes out over the next few days.
E.T.F.'s
PAST TOP PICK
PAST TOP PICK
November 9, 2020
(A Top Pick Dec 05/19, Down 12%) He is always wrong when he recommends something in Europe. He got out.
Show full opinionHide full opinion(A Top Pick Dec 05/19, Down 12%) He is always wrong when he recommends something in Europe. He got out.
E.T.F.'s
PAST TOP PICK
PAST TOP PICK
November 9, 2020
(A Top Pick Dec 05/19, Up 2%) It is a core holding for the TSX. He has little Canadian holdings and has not had for several years. He is not that keen on Canada mainly because of government policy bent on destroying the energy industry.
Show full opinionHide full opinion(A Top Pick Dec 05/19, Up 2%) It is a core holding for the TSX. He has little Canadian holdings and has not had for several years. He is not that keen on Canada mainly because of government policy bent on destroying the energy industry.
E.T.F.'s
PAST TOP PICK
PAST TOP PICK
November 9, 2020
(A Top Pick Dec 05/19, Up 20%) It is a core holding. He will always have this.
Show full opinionHide full opinion(A Top Pick Dec 05/19, Up 20%) It is a core holding. He will always have this.
E.T.F.'s
DON'T BUY
DON'T BUY
November 9, 2020
Will both spike when the pandemic is over? Will both spike when the pandemic is over? HOU-T is the upward moving ETF. It is also a two times ETF. The HOU-T is certainly the side to be on today. If the virus news is true then there will be a lot of pent up demand for oil. But he is not in favour of leveraging. These are intended for day traders.
Will both spike when the pandemic is over? Will both spike when the pandemic is over? HOU-T is the upward moving ETF. It is also a two times ETF. The HOU-T is certainly the side to be on today. If the virus news is true then there will be a lot of pent up demand for oil. But he is not in favour of leveraging. These are intended for day traders.
E.T.F.'s
DON'T BUY
DON'T BUY
November 9, 2020
Will both spike when the pandemic is over? Will both spike when the pandemic is over? HOU-T is the upward moving ETF. It is also a two times ETF. The HOU-T is certainly the side to be on today. If the virus news is true then there will be a lot of pent up demand for oil. But he is not in favour of leveraging. These are intended for day traders.
Will both spike when the pandemic is over? Will both spike when the pandemic is over? HOU-T is the upward moving ETF. It is also a two times ETF. The HOU-T is certainly the side to be on today. If the virus news is true then there will be a lot of pent up demand for oil. But he is not in favour of leveraging. These are intended for day traders.
E.T.F.'s
BUY
BUY
November 9, 2020
Total return ETFs work on the basis that there are no distributions being paid. To do the swaps they have to have counter parties. He does not see a lot of risk with the counter parties, however. He does not see a tax risk, or a counter party risk. Horizon have a good piece they can send to you on the structure of these ETFs.
Show full opinionHide full opinionTotal return ETFs work on the basis that there are no distributions being paid. To do the swaps they have to have counter parties. He does not see a lot of risk with the counter parties, however. He does not see a tax risk, or a counter party risk. Horizon have a good piece they can send to you on the structure of these ETFs.
N/A
N/A
November 9, 2020
Horizons Total return product vs. a Vanguard product. It is a case of whether you want taxable distributions or not. He tends to use Vanguard because most of his clients are older and want distributions.
Show full opinionHide full opinionHorizons Total return product vs. a Vanguard product. It is a case of whether you want taxable distributions or not. He tends to use Vanguard because most of his clients are older and want distributions.
SELL
SELL
November 9, 2020
Bond ETFs, Canada and US – Buy, Sell or Hold? When COVID came up he sold all of his bond ETFs and has not budged since. Now the returns are so meager that he is not buying them.
Show full opinionHide full opinionBond ETFs, Canada and US – Buy, Sell or Hold? When COVID came up he sold all of his bond ETFs and has not budged since. Now the returns are so meager that he is not buying them.
BUY
BUY
November 9, 2020
They increase the yield on utilities with covered calls. It is not a bad place to be. You are always subject to the underlying securities' risks. It is probably a good choice right now.
Show full opinionHide full opinionThey increase the yield on utilities with covered calls. It is not a bad place to be. You are always subject to the underlying securities' risks. It is probably a good choice right now.
E.T.F.'s
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