COMMENT
Educational Segment. The more the election outcome is tilted to Liberal Minority with big support from the NDP, which tilts policies to the left, this will lead to more wealth taxes. There are many seats in GTA that are too close to call so it is still a toss up. Projections remain for a Liberal minority. He wouldn't change portfolio strategy based on this. If the NDP wins a good amount of seats, then there could be more selling in stocks due to upcoming taxes. There will also be increasing corporate tax rates if the NDP has more power.
COMMENT
Caller was asking whether EQL could protect against downside in XSP. It depends what is drawing down the market. For example, if it is the Nasdaq and FAANGs, then EQL will protect you since it is underweight these big names. However, if the market is down, it will not help you.
COMMENT
Caller was asking whether EQL could protect against downside in XSP. It depends what is drawing down the market. For example, if it is the Nasdaq and FAANGs, then EQL will protect you since it is underweight these big names. However, if the market is down, it will not help you.
BUY
In option strategy, it is all about the path that is taken. If it is a sharp decline, then covered calls will give you no protection. Hard to say without knowing which path it takes. Likes HDIV with its prudent use of leverage.
BUY
Global utilities are a good source of dividends and yields. When you own global utilities, it is treated as income. ZWU, the Canadian version, should go in the taxable account and HUTL in a registered account.
WAIT
If the Trudeau government wins, then they will impose a surtax. He would wait here since it is not priced in probably. There is also volatility from Chinese real estate and US debt ceiling. Gotta love Canadian banks long term. Could get a better deal.
BUY
ZWE has a currency hedge. If there is a global downtown and it is meaningful, then you would be concerned. Doesn't think we will see this. It will be a normal 5-10%. When you get the big sell-offs, you don't want to hold covered calls because you don't get the upside capture. Right now, both of these would work. Would fall less than the other names.
BUY
ZWE has a currency hedge. If there is a global downtown and it is meaningful, then you would be concerned. Doesn't think we will see this. It will be a normal 5-10%. When you get the big sell-offs, you don't want to hold covered calls because you don't get the upside capture. Right now, both of these would work. Would fall less than the other names.
COMMENT
Could probably buy 2-4% from today. ZPAY, you can buy any time. It should have half the volatility of the market. The lower the markets get, the longer you get. The buy low and sell high strategy with 6% yield.
COMMENT
Could probably buy 2-4% from today. ZPAY, you can buy any time. It should have half the volatility of the market. The lower the markets get, the longer you get. The buy low and sell high strategy with 6% yield.
COMMENT
There were a couple Fed presidents that were short term trading based on policy moves. The Feds are a moral hazard. They cause tremendous amounts of distortion including run ups in debt and credit markets. The spreads should not be this tight either. Not a big fan of what central banks have done in markets. Will probably continue to see the same. The alternative is to not step up, kind of like China with its real estate market and Evergrand right now.
COMMENT
If you look at the banking index, it is in a trading range and the Chinese real estate risk is not a broader risk to the market. It is starting to get priced in to this. There has been extreme central bank intervention since decades.
N/A
Market. After the election he thinks it will be business as usual. Investors should remain cautious and conservative in their investing strategy. He has shied away from the re-opening trade. Those sectors are already correcting. He prefers renewable energy and telecom, consumer staples and energy infrastructure stocks. He tends to outperform during a downturn.
STRONG BUY
This is a real quality company, really well managed, great cash flow. This is a great time to buy it. It has not been this cheap in eight to ten years. The retail channels have done well although restaurant sales have not. It is recovering with restaurants reopening.
HOLD
It's been a pretty good period to hold it as they transition more to a consulting company. It is not cheap . Hang on to it as there is a lot of infrastructure spending taking place in the world.