Latest Stock Buy or Sell? Make More Informed Decisions!

Today, Larry Berman CFA, CMT, CTA and Mike Philbrick commented about whether HRAA.TO, HMUS, CNYA, HAC.TO, HBLK.TO, SOXX, HTB.TO, PHYS, ZWC.TO, EWJ, UPRO, UVXY, ZEB.TO, ZWB.TO, CGL.TO, GLD, ZIC.TO, EARK.TO are stocks to buy or sell.

COMMENT
We're seeing a lot of growth indicators, such as copper. The move towards a greener economy is moving copper. In terms of the S&P500, it was the biggest month since 1987, and small caps saw the biggest month ever. We see some rebalancing today.
COMMENT
The markets wants and needs the stimulus. The short term mistake is to not spend enough to get through the pandemic. Things will normalize in a couple years and we may get back to austerity and balanced budgets, but for the next couple years, governments are expected to spend. The central banks should continue to hold interest rates low.
COMMENT
The year-end rebalancing shouldn't see too much changes between sector. There may be switching out of work from home names and to economic reopening stocks. The stocks that haven't performed because of covid will benefit the most as things normalize.
BUY ON WEAKNESS

When markets are in growth mode, this will outperform. When the market is trying to take risk off the table, these can see a pull back. To add to a position or to start one, you want to see some market volatility and weakness to get in. There are some great holdings. The biggest position is Tesla which poses some risk.

SELL ON STRENGTH
The interest rates should stay low and may even go lower. There is probably a couple more years of low interest rates anchored at 0%. He would look to exit this holding, especially since he expects the Canadian dollar to firm up next year.
BUY

GLD is the most liquid and actively traded one. It is a good way to hold gold bullions. If you want a currency hedge, he would use CGL. Gold stocks look cheap versus gold bullion right now.

BUY

GLD is the most liquid and actively traded one. It is a good way to hold gold bullions. If you want a currency hedge, he would use CGL. Gold stocks look cheap versus gold bullion right now.

COMMENT

Canadian banks are much better run and offer good dividend yields compared to elsewhere in the world. There is some risk in the housing sector and some challenges to growth. He would favour ZWB right now. Once markets correct 10-15%, get out of the ZWB and get ZEB for the growth.

COMMENT

Canadian banks are much better run and offer good dividend yields compared to elsewhere in the world. There is some risk in the housing sector and some challenges to growth. He would favour ZWB right now. Once markets correct 10-15%, get out of the ZWB and get ZEB for the growth.

COMMENT
Educational Segment. In relationship to the longterm trend, and the 200-day moving average, the risk and return ratio is not as good as it could be. The market looks like one you don't want to chase rallies in. Given how far we have stretched from the mean, there is a high probability of a market correction around 10%. A note of caution for investors. Look into periods of weakness to be a buyer.
N/A
Market. You have two dynamics that affect asset prices – inflation and growth. You are seeing a switch between these two. We are moving from a deflationary bust to an inflationary boom. Think about the previous decade and what was hot and what was not. We had gold getting a 400% return and the S&P a 5% return, neither compounded. There are shifts, decade by decade between the dynamics for asset prices. This is a really tough environment. Bonds cannot provide any shock absorber as they have done so in the past. He thinks we will revert to the norms in the next decade. You need a diverse set of assets.
BUY
Gold ETFs. Will be covered in past picks. Investors buy gold for uncertainty. With the vaccine coming along and uncertainty dropping we are seeing a shift into the inflationary trade. This is a buying opportunity. Most investors don’t have enough gold in their portfolios. Gold ETFs are viable options. They should be in your portfolios.
BUY
Health Sciences ETF. If you are focused more on the idea of something vaccine related, look at IBB-Q. Biotech is where you will see that type of technology manifest. XHC-T is currency hedged, if you want that now. It is quite diverse. LIFE-T has covered writes, which do well in a slightly flat or slightly up market.
COMMENT
It is a very sophisticated volatility future ETF. It is not a buy and hold ETF. You should be continually re-balancing it in your portfolio. It is when they win that makes these strategies so effective.
COMMENT
Small Cap ETF Recommendation. He would go for a global ETF. Be careful of the large caps as they dominate the asset flows.