Today, Larry Berman CFA, CMT, CTA and Jeff Parent B. Eng. FCSI CIM commented about whether KWH.UN.TO, COST, SWK, WFG.TO, LGO.TO, ENB.TO, RNX.TO, SLF.TO, SQ, BTE.TO, AD.TO, ABX.TO, GTN, WFC, KEY.TO, BNS.TO, AAPL, XLK, XIT.TO, BUS.V, ALA.TO, ANTM, TFII.TO, TECK.B.TO are stocks to buy or sell.
Educational Segment. When the outlook is not clear, we have options – How to use option strategies. We don’t know what will happen after this US election. There are 4 strategies: 1. Outright long. Highest potential risk. 2. Add a covered call to long to reduce risk. 3. Sell At The Money Put and use a Money Market Fund for your cash; and 4. Sell an Out of The Money Put. He thinks the current lows will hold and you could use one of the 4 types.