Latest Stock Buy or Sell? Make More Informed Decisions!

Markets. Buffet bought into AAPL-O for about a $billion. He also added to IBM in the past. Larry would not chase what Warren buys. The massive boom in China is pretty much over. Let’s look to India over the next 2 to 3 decades. India is going to have the massive boom that China had. India is outperforming China. There is a transition to a consumer society in China so he has not exited China completely.

Canadian Tech ETF not too conservative and not too aggressive. Caller is moving from XLK-N. He recommends the First Asset Covered call Strategy ETF (TXF-T).

REIT Stocks Overvalued? He does not think there is any value whatsoever in the REIT sector. There will be trading rallies. He would not put new money into the REIT sector.

Lithium Batteries. There are a lot of interesting investments in these areas, but he would like a broader way to get exposure to these areas. This one is in US$, however.

5 or 10 years down the road there is great potential. He thinks Banks will underperform for the next 3 to 4 years. It is a pretty big top since 2014. It has broken down. If you are a trader, then lighten up on banks.

European Stocks’ ETF. His favourite way to play it is ZWE-T. Quality EU stocks with a covered call overlay. You will get a yield of about 7%. It is hedged so you don’t have to worry about currencies.

Bond ETFs vs. GICs. If you have a 5 year GIC, you have zero risk. There is no volatility. VSB-T has price risk for the next 5 years and it does not mature. It is not a replacement for a GIC. You are taking interest rate risk. A bank is a better way to play it if you want a slightly higher yield than a GIC.

Educational Segment. Head and Shoulders Pattern. This is THE best pattern and the most reliable pattern. You get higher highs and high lows over a period of time and then you make a lower high and a lower low. The neck line is the trend from shoulder to shoulder. We had the S&P in an uptrend since Feb lows and then in April it had a head and in May it is having a second shoulder. You have a lot of support in the 1970 area and if you are going to buy in the next while, it will be a good time. However, he is worried about the market in September/October.

Not good in the short run. A lot of money has rushed in and he thinks the risk is back to $1200 before we go higher. Sell into strength.

Markets. He has gone short in some of his hedge funds on energy. They seemed so oversold. A bottom is being formed. You are paying for $50 to $65 oil today. He worries about the banking system in China. It is an oversold bounce off the US$. He thinks money will come back to the US$. He has gone short on names like TCK.B-T and FCX-N again.

Semiconductors for the long term. It is a good place, but it is a broad space. The PC space is struggling. He likes QCOM-Q. They are well positioned with a multiple of 10-11 times. An ETF would give you too much baggage.

He has recently stepped back onto the buy side. There is growth in the core products. They are going to kick off a lot of free cash flow to use to pay down debt. The debt holders seem to be on side. It will be a rollercoaster, however.

It looks interesting but it is at the higher end of the valuation range of the Canadian banks. He worries far less about the banking system and the housing market in Canada. They have great diversity. This is not going to burn you. You have the yield until growth starts happening again.

Big US Banks. They have been out of favour and under pressure recently. This is an area in the US where he feels comfortable holding stocks. Interest rates are probably going higher in the US and will benefit banks.

You are fighting the trend a little bit. It is the premium valuation in the group. People are worried that the auto cycle is burning out. China is slowing down. He finds the valuation attractive. He owns others. He thinks it is a good buy here.