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Latest Stock Buy or Sell?

Today, Larry Berman CFA, CMT, CTA commented about whether CFP-T, OSB-T, VET-T, ZWU-T, ZLC-T, CBO-T, ZDV-T, XIU-T, XDV-T are stocks to buy or sell.

N/A
Market. The raptors don't move the needle on the markets except for a few upticks in bar sales in downtown Toronto. Trump created a trade issue with Mexico for no reason. He will continue to use this tool. Trump is using tariffs for other than trade issues. Larry thinks it is a tool he will continue to use. Trade issues with China will go into the election issue, in which case China gets the 'trump' card. As long as Trump is on this path of tariffs then there will be no confidence by businesses to make any big deals. In the US there are no new net jobs so things are slowing dramatically with the economy.
Unknown
BUY

How to increase dividends. These are all the same thing. You get exposure to Canadian large caps. There is no diversification by being in all three. ZWU-T should replace one of them to get utilities including pipelines and telcos and less reliance on the banks. Still Canada so you need international. ZWE-T is the best international dividend payers yielding 7% with a covered call overlay. ZWS-T is the best in the US. These are the two to add to the three. These should be in a registered portfolios if you are retired because there is no divined tax credit.

E.T.F.'s
BUY

How to increase dividends. These are all the same thing. You get exposure to Canadian large caps. There is no diversification by being in all three. ZWU-T should replace one of them to get utilities including pipelines and telcos and less reliance on the banks. Still Canada so you need international. ZWE-T is the best international dividend payers yielding 7% with a covered call overlay. ZWS-T is the best in the US. These are the two to add to the three. These should be in a registered portfolios if you are retired because there is no divined tax credit.

investment companies / funds
BUY

How to increase dividends. These are all the same thing. You get exposure to Canadian large caps. There is no diversification by being in all three. ZWU-T should replace one of them to get utilities including pipelines and telcos and less reliance on the banks. Still Canada so you need international. ZWE-T is the best international dividend payers yielding 7% with a covered call overlay. ZWS-T is the best in the US. These are the two to add to the three. These should be in a registered portfolios if you are retired because there is no divined tax credit.

E.T.F.'s
HOLD
Short vs. long term bonds. Generally as the expectation comes for rate hikes, you want longer term bonds. You don’t want corporate because if the economic slows, you just want government bonds.
E.T.F.'s
HOLD
Short vs. long term bonds. Generally as the expectation comes for rate hikes, you want longer term bonds. You don’t want corporate because if the economic slows, you just want government bonds.
E.T.F.'s
BUY on WEAKNESS
There are three interesting sectors: The traditional utilities that are rather overvalued; the telcos in Canada are good plays. They are not fully valued but not cheap; The pipelines are more linked to energy prices. He would agree that the sectors are fairly fully valued but he likes that it is defensive and has a yield. 5% lower and he would start nibbling at it.
E.T.F.'s