Today, Ross Healy and Mike Philbrick commented about whether IYR-N, HEJ-T, CNYA-N, SPY-N, ZLB-T, XIT-T, HMMJ-T, HRA-T, KSA-US, CNYA-N, TXF-T, LB-T, CU-T, HCG-T, CJR.B-T, GILD-Q, EXE-T, BB-T, ECI-T, CSX-Q, OTEX-T, ENF-T, SHOP-T, HCG-T, FTS-T, MFC-T, TECK.B-T, CNQ-T, SU-T, VET-T, ACO.X-T, AD-T, SJ-T, MCD-N, EMA-T, ATD.B-T are stocks to buy or sell.
Market. The trend in Tech is still up. There has been a change in the character of the volatility since February. Of particular interest in the sector is the concentration. The top 5 stocks in terms of market cap on the S&P are the same market cap as the bottom 282 stocks by market cap. Tech indexes are concentrated in the largest 5. That leads to unintended consequences when managing risk. You are not getting the expected diversification. You want several sources of return that are unique and different. The indices that had a big piece of FB-Q had a big drop on the day FB-Q dropped. You should look at ETFs that don't let this concentration happen.
Millennium Investor – ETF vs. Mutual Find. The ETF is an evolution in technology. Their management fees tend to be lower. A mutual fund is not different in its structure. If you want some exposure to something and there is no ETF then you can consider a mutual fund. ETFs trade intraday vs. Mutual Funds trade at the end of the day.
Most of what you receive from this ETF is capital gains. It is an interesting ETF- the largest 25 tech companies, equal weight with covered calls. Covered calls are better for stocks going sideways. He does not think this is a prudent investment for a retiree. Be careful here. The covered writes buffer on the downside a little.
(A Top Pick Jun 4/18, Down 12%) It is a wonderful buying opportunity. It is about diversification. China is the number 2 economy in the world. The china 'A' shares is the second largest market cap in the world. This ETF includes this 'A' share market. The rebound recently is due to the announcement of stimulus to fight the tariffs and slowing economy. Stick with this one.
It has had a long, long downtrend and recently found its footing, hitting his downside target of four times book value. $65 would be a good floor on this stock at which point you buy.