Large higher-end home builder in the U.S. Technically has come back. Still negative earnings. Too late in the cycle. Chart looks good but fundamentals aren't supporting the story. You want both fundamentals and price chart, and we don't have the fundamentals in this one yet.

Buying beta. Can drop with the market but high quality market exposure. Tends to have high cash flow, large cap, robust companies, well diversified. Yield 1.6%.

Cautious about energy. Constrained capacity, demand is holding up globally, OPEC making the right noises in Saudi. Definitively a more conservative play. Stock price has gone down with the market. Market performer with a great yield at 8.3%. Fundamentals really are well supported here.

New leader in Brazil. Minister of the economy is a well educated economist and widely seen has being more free trade and open market policy friendly. You really want to see the meaningful reforms start to kick in. Oil is working, weaker U.S. dollar, all supports Brazil and EM. Yield 2.7%.

We had oil oversupply which pushed down prices. At these levels BP has an attractive yield. Good reserves and balance sheet. He's happy with their current levels.

Trump has slowed down growth of China's semi-conductor industry. He'd buy below $31. Good balance sheet and track record. The semi industry is increasing, but we'll still see more of a pullback. Watch for now.

Blockchain is interesting and has many applications such as insurance. But currency has to be controlled, like a central bank. Yes, you can transfer wealth using Bitcoin, but what's to stop someone from hacking this. Control? This doesn't make a profit. He doesn't see this becoming a mainstream currency until a central bank controls it. Otherwise it remains a pseudo-currency.