WAIT
Excellent ETF, but a bad time to get into it, unless you have a 20-year-year horizon. Instead, wait till 2023 to consider it. He sees storm clouds in the market coming. He is bearish the S&P short-term.
E.T.F.'s
COMMENT
The leading base metal ETF. Markets are choppy, so be careful here.
E.T.F.'s
TOP PICK
It rises from the S&P goes down. A great way to be bearish without taking too much risk. Makes you money in a down market, if you use this judiciously.
E.T.F.'s
TOP PICK
Like the HIU, rises when the S&P goes down. Own this if you expect hard times ahead, if you're bearish, as banks continue to raise rates to fight inflation.
E.T.F.'s
COMMENT
top pick CASH as a top pick. He sees interest rates going up and clouds on the horizon. Play defence, preserve cash. Can own money market funds or GICs, depending on how long you want to be locked in.
Unknown
BUY
Good to reduce volatility. A covered call on a dividend payer layers in defence upon defence. ZWC will provide a steady income stream on the way up, yet limited vol on the way down.
E.T.F.'s
BUY
Allan Tong’s Discover Picks CVS has been paying down debt after buying insurer Aetna three years ago and their balance sheet is in such decent shape that the company recently announced share buybacks, though you may need to wait for a dividend to increase from the current 2.2% based on a low 34% payout ratio. CVS trades a fine 16x PE. The 6.02% EPS marked a 7% rise over the past year. Sales are up 8% YOY and growth is expected around that much. Expect sustainable, moderate growth. (If you want mega, double-digit growth, gamble on Bitcoin.) Read 3 Recession Proof Stocks for our full analysis.
specialty stores