Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
May 8, 2017

ZPW-T vs. ZPH-T. ZPH-T is hedged against currency risk. The cost of hedging is the differential in the cost of writing the forward contract. He is fully hedged on all portfolios. The CAD$ may go back to $.80. If markets sell off and contracts come into the money they may get taken out. A 20% down for the market will cause many of their stocks to come down into the money.

ZPW-T vs. ZPH-T. ZPH-T is hedged against currency risk. The cost of hedging is the differential in the cost of writing the forward contract. He is fully hedged on all portfolios. The CAD$ may go back to $.80. If markets sell off and contracts come into the money they may get taken out. A 20% down for the market will cause many of their stocks to come down into the money.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$19.650
Owned
No
BUY
BUY
May 8, 2017

ZPW-T vs. ZPH-T. ZPH-T is hedged against currency risk. The cost of hedging is the differential in the cost of writing the forward contract. He is fully hedged on all portfolios. The CAD$ may go back to $.80. If markets sell off and contracts come into the money they may get taken out. A 20% down for the market will cause many of their stocks to come down into the money.

ZPW-T vs. ZPH-T. ZPH-T is hedged against currency risk. The cost of hedging is the differential in the cost of writing the forward contract. He is fully hedged on all portfolios. The CAD$ may go back to $.80. If markets sell off and contracts come into the money they may get taken out. A 20% down for the market will cause many of their stocks to come down into the money.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$19.900
Owned
Unknown
BUY
BUY
May 8, 2017

They have secured high interest savings accounts with various institutions. They have generated a pretty decent yield and turned it into an ETF yielding about 1%. It is pretty good yield for a money market.

They have secured high interest savings accounts with various institutions. They have generated a pretty decent yield and turned it into an ETF yielding about 1%. It is pretty good yield for a money market.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$0.000
Owned
Unknown
HOLD
HOLD
May 8, 2017

He likes the engineering space because they will benefit from infrastructure spending. They are breaking out to all time highs. This is a bullish thing for the stock. Forward earnings estimates make this not look that expensive. Stay with it until we start to break trend, moving below $43. (Analysts’ target $51.50). He does not like the risk/reward and so does not like it. He does not like it short term. You can stick with it if the trend continues, but there is not a lot of upside potential.

He likes the engineering space because they will benefit from infrastructure spending. They are breaking out to all time highs. This is a bullish thing for the stock. Forward earnings estimates make this not look that expensive. Stay with it until we start to break trend, moving below $43. (Analysts’ target $51.50). He does not like the risk/reward and so does not like it. He does not like it short term. You can stick with it if the trend continues, but there is not a lot of upside potential.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$49.800
Owned
Unknown
BUY
BUY
May 8, 2017

There is always foreign tax withholdings. You need to focus on the diversification of being in other parts of the world. The benefits you get from diversification globally override tax considerations. It has been a pretty clear ride up and is his favourite way to play Europe.

There is always foreign tax withholdings. You need to focus on the diversification of being in other parts of the world. The benefits you get from diversification globally override tax considerations. It has been a pretty clear ride up and is his favourite way to play Europe.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$22.370
Owned
Unknown
COMMENT
COMMENT
May 8, 2017

Infrastructure and pipelines. The pipeline sector is not cheap. Lots of money is going in because there is great dividends. He holds this through ZWU-T. It has a covered call overlay and high dividends. He would not jump into VSN-T because it has flat lined after the takeover offer.

Infrastructure and pipelines. The pipeline sector is not cheap. Lots of money is going in because there is great dividends. He holds this through ZWU-T. It has a covered call overlay and high dividends. He would not jump into VSN-T because it has flat lined after the takeover offer.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$18.710
Owned
Unknown
DON'T BUY
DON'T BUY
May 8, 2017

The problem with it is that the stock is fairly well valued. There has not been a lot of movement in the earnings for quite a while. It has been trading about its fair market value. It needs its earnings moving.

The problem with it is that the stock is fairly well valued. There has not been a lot of movement in the earnings for quite a while. It has been trading about its fair market value. It needs its earnings moving.

Ross Healy
Chairman, Strategic Analysis Corp
Price
$39.120
Owned
Unknown