Latest Stock Buy or Sell? Make More Informed Decisions!

Market. NAFTA news could come quite soon. It is good news. If we get to trade agreements before they escalate that is good news. Trade between China and the US could take a long time to solve, however. Any deal Canada does for dairy will have to include a schedule where supply management gets unwound over a number of years. Next October there will probably be a federal election so Trudeau is under pressure. It is more noise than anything else, however. The markets have taken a bit of a notch off of rate hike expectations for November.

Recently we had a selloff in the gold sector so he is overweight gold in all his strategies. If you want less risk then go for the option type strategies, such as put-write (ZPW-T, PYF-T). He likes these late in the cycle.

High dividend paying utilities and telcos, 30% international. He is not adding here. He did so a couple of months back. He likes the strategy. In a market downtown, everything falls but utilities fall a lot less. The distribution could change over time due to volatility of its holdings.

It is a high momentum consumer cyclical. Consumer cyclicals, especially the high fliers are typically the ones that get crushed when we pull back.

Value Stocks a good Choice at this Point in the Economic cycle? There are ETFs you might play for a value tilt: In 2001 all the money came out of tech and went into value stocks.

XDV-T vs. ZWC-T. Most stocks in those two indexes are similar. ZWC-T has a covered call overlay. XDV-T is more sector concentrated. He advocates that if you are in the market late in the investment cycle you want to be in a covered call strategy. It gives you a smoother ride.

XDV-T vs. ZWC-T. Most stocks in those two indexes are similar. ZWC-T has a covered call overlay. XDV-T is more sector concentrated. He advocates that if you are in the market late in the investment cycle you want to be in a covered call strategy. It gives you a smoother ride.

US exposure, total US market. There is no currency hedge. The US dollar has been relatively strong relative to the Canadian. The US market is the most expensive in the world and over the next 10 years it may underperform emerging markets. He would look at ZPW-T instead.

Educational Segment. Currencies matter. Trade deals impact currencies. After 1970 the US went off the gold standard and floated more freely. In Canada/US, the average annual change is 5.39%. Most years, currency is the single biggest item that defines your returns. We are much weaker against the US dollar than we were in the '70s. Against Germany, 70% of the return between Germany and the US was the currency. ETFs allow us to hedge or not hedge and that is another reason he loves them.

Market. It seems like it is pretty definitive regarding the US/Mexico deal and the real question is if Canada will be part of it or will it be a separate deal. The Canadian dollar has come up a bit and the markets are where they were before the deal. It is a limited market reaction and that is a positive sign. He sees some catch-up trade in Canada as the US has done so well. He has been moving money into the US since 2013. It has been a bit of a safe haven from a Canadian dollar point of view. The US is still a favourable place to invest. Within Canada he would not change any weightings. The biggest risk is the dollar.

It is a tech name that has done very well. Overall his view is positive over the longer term. The world is going more online. It makes it easier for smaller companies to sell wares online. It might have some pretty big gyrations but he is positive longer term.

He says it is a hold because of the regulatory environment. There is not another option for small businesses to go to to advertize because of the number of users. If they can keep chipping away at the revenue per user, it will be positive. There could be some regulatory pressures as we head into mid-term elections.

A lot of its operations are in the US and in Mexico. In the next 1 to 2 years it is going to be a volatile name in his view. Over the longer time it is a very well run company. Overall car sales have been at record levels recently. This is the first treason to cause some volatility. They are becoming an outsourcing company where car manufacturers approach them to build more and more of their car content. He is not ready to pull the trigger right now during trade negotiations, however.

This is a great company and a good industry. Once you sign up you will continue with them. This is a good business model. If your time horizon is long enough you could buy it now.

He likes it. It helps companies get to service models and get to the cloud. Once you sign on you are very committed. They are signing up a lot of companies. He is positive on it. They are using their cash flow very well to make acquisitions which he thinks will ramp up. They have low debt.