Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
September 17, 2012

[Caller asked if banks were better] Oil prices are going up over the years. Financial services are a little more constrained. Depending on horizon, banks are less expensive than oil companies, so short term, he would favour banks but if you are trading, then you get more upside in oil sector. It is going up because of geopolitical risks, what is happening in the middle east.

[Caller asked if banks were better] Oil prices are going up over the years. Financial services are a little more constrained. Depending on horizon, banks are less expensive than oil companies, so short term, he would favour banks but if you are trading, then you get more upside in oil sector. It is going up because of geopolitical risks, what is happening in the middle east.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$33.130
Owned
Unknown
DON'T BUY
DON'T BUY
September 17, 2012

It has broken its trend line. But right now he would not be buying. Wait for it to develop more of a base. Would be weary about chasing it here but look for pullbacks over the next 6 months or so.

It has broken its trend line. But right now he would not be buying. Wait for it to develop more of a base. Would be weary about chasing it here but look for pullbacks over the next 6 months or so.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$31.780
Owned
Unknown
HOLD
HOLD
September 17, 2012

Doesn't think they go through highs in the next couple of months. Cut your position when it reaches this resistance.

Doesn't think they go through highs in the next couple of months. Cut your position when it reaches this resistance.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$17.970
Owned
Unknown
BUY
BUY
September 17, 2012

He does not dig into balance sheet so doesn't know about safety of dividend. This is a fine stock to trade. The trend is down. There will be massive resistance over top of range since '09 so it is okay to trade only.

Transalta Corp (TA-T)
September 17, 2012

He does not dig into balance sheet so doesn't know about safety of dividend. This is a fine stock to trade. The trend is down. There will be massive resistance over top of range since '09 so it is okay to trade only.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$14.930
Owned
Unknown
HOLD
HOLD
September 17, 2012

Are bidding on a US parts manufacturer. He likes the auto sector but it is a very cyclical play. When it has done well for a couple of years you want to see about getting out. When the market turns down it will go down hard. Okay as long as it stays above support. There is not a lot of upside. It is a range trader upper teens to $21 or 22.

Linamar Corp (LNR-T)
September 17, 2012

Are bidding on a US parts manufacturer. He likes the auto sector but it is a very cyclical play. When it has done well for a couple of years you want to see about getting out. When the market turns down it will go down hard. Okay as long as it stays above support. There is not a lot of upside. It is a range trader upper teens to $21 or 22.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$21.380
Owned
Unknown
BUY
BUY
September 17, 2012

Far beyond gold company. Big commodity player. ECB has launched the big bazooka with QE3. It is tremendously bullish for gold and he thinks it goes higher, measured in years.

BHP Billiton Ltd. (BHP-N)
September 17, 2012

Far beyond gold company. Big commodity player. ECB has launched the big bazooka with QE3. It is tremendously bullish for gold and he thinks it goes higher, measured in years.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$71.260
Owned
Unknown
PARTIAL SELL
PARTIAL SELL
September 17, 2012

Has been very strong for a number of months and we are in the top end of the range that it has been trading in so you should think about taking some money off the table. However, the geopolitical risks are a wild card and if it heats up then the energy stocks could break out here.

Talisman Energy (TLM-T)
September 17, 2012

Has been very strong for a number of months and we are in the top end of the range that it has been trading in so you should think about taking some money off the table. However, the geopolitical risks are a wild card and if it heats up then the energy stocks could break out here.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$14.350
Owned
Unknown