Today, Brian Huen commented about whether EMP.A-T, LVS-N, IBR-T, LULU-Q, TPR-N, BBD.B-T, DDC-T, AGU-T, FM-T, FRU-T, ABX-T, RET.A-T, IGM-T, GDXJ-N, BXE-T, BCE-T, TSGI-T, CZN-T, KXI-N, XRT-N, XLY-N, PD-T, MRG.UN-T, AR-T, S-T, MFC-T are stocks to buy or sell.
Correction in September? Generally not a great time for the markets so not surprised people are talking correction. He does not sit and wait for it. Macro economics have a lot of positives that makes him think the rally can continue. Is seeing a recovery in Europe. The data is stabilizing. There is still an impetuous to stimulate economies around the world by governments.
REITs and their future growth prospects. Highly yield sensitive securities. As interest rates move up these stocks drop. But his outlook is for yield to stabilize here. An interesting time to take a look at those that don’t have big capital requirements. REI.UN-T is the benchmark in the industry and should perform well. Focus on high quality names that don’t need a lot of capital.
Consumer discretionary ETF. He recommends it.