TOP PICK
One of the few investment banks left in the US. A way to make money above and beyond owning the stock is to sell Call Options against it. If you buy at $160 you sell a call option at $165 for October, 44 days away.
TOP PICK
Copper. A short-term great way to make income. He bought at $63.20 and sold September call options at $65 strike giving him $1.74 for 15 days, about a 3% yield.
TOP PICK
Propane distributor. Yield is greater than 10% and is totally secure. No risk of distribution cuts.
PAST TOP PICK

(A Top Pick May 16/08. Down 46.89%.) Global Gold Bull+ ETF. Has been in and out of this a number of times right now he loves gold.

PAST TOP PICK

(A Top Pick May 16/08. Down 41.15%.) There are better places to be now but it is fine.

PAST TOP PICK

(Top Pick May 16/08. Up 2.42%.) Did very well during the bear phase but is not doing well during the bull phase.

COMMENT

Market. He’s a roaring bull. Bull market has started and it will be bigger than everybody thinks. Economies globally are accelerating. Earnings are accelerating.

COMMENT
Go Long the stock and sell Put Options against it or just sell a Put? Is their strategy is great.
BUY
Gold. He is excruciatingly bullish on gold. Gold just had a major technical breakout.
COMMENT
Caller sold a Put for $3 and could now buy the Option back at $1.50. He is very bullish on Canadian banks. He would hold on to the Puts, ride out the premium, take the full $3. Worst-case scenario you be given the stock at a much lower price than what it is.
BUY
Looking at the chart, he would want to be a buyer at this point. With all the stimulus it looks like all the economies are going to recover and with probable monetary inflation, it looks like things will continue to march higher.
COMMENT

Copper/molybdenum. Very bullish on both of these metals based on his expectation of global recovery and, on top of that, reflation.

COMMENT
Very good management but is very heavily Alberta-based. Had some rent leases that were better than he expected. Payout ratio is high but they have a huge cash reserve. It is safe as long as the world doesn't get any worse. Don't be surprised if it comes down a little bit more in price.
SELL
Focused in downtown Calgary so they have stuff in the suburbs and some industrial. Management continues to surprise people by finding problems and getting out of them. Probably okay to stay here but probably safer to go to another investment.
WEAK BUY
Hotels. Charts are starting to look very good on this but it is on promise. They are almost certainly going to cut their distribution. If there is any recovery coming they will be fine but only after a distribution cut, which is built into the price of the stock. (He owns some convertibles.)