COMMENT

Obviously, shares slid over the week ahead of the Trump tariffs. He's now thinking of slapping tariffs on Europe. This will add volatility to the markets in both directions and will extend well into next year. The US will need to issue debt; listen for details on the debt financing at 8:30 am EST Wednesday. Janet Yellen has been criticized for using treasury bills to finance the debt, because it causes a serious imbalance. So, how and when will they normalize that? This could put upward pressure on interest rates, especially with tariffs. Meanwhile, stock multiples are pretty high in a market priced for perfection. Expect more volatility. Even with earnings growth, the market can still move sideways. But we can't keep expanding multiples.

BUY

Is a put-write strategy. They sell puts to generate income on the market. Technical/chart analysis does not work, because most of the return comes from income. This ETF is meeting its goal, despite the down-up chart of recent years. There is also PUTW in the US worth looking at.

BUY ON WEAKNESS

If you like high-dividends with a covered call in Europe, this is a hold and buy on weakness. Most of the return comes from income, mostly international companies. It's tax efficient to get dividends with international exposure. A good diversifier. Likes it very much. ZWE is currency-hedged. 

COMMENT
Ex-US, how to get buffer-type exposure to foreign markets?

Really only in the US, in the Innovators series, but only in USD, which is risky now. ZPAY-F gives you exposure to the US, but with the currency hedge, which he prefers. Buffers limit upside, but protect in the downside. It's like a 60/40 balance portfolio and it's tax efficient.

WEAK BUY

Canada doesn't have a version of this low-vol with a currency hedge. Now is not a good time to invest in the US. ZLU has outperformed the US market long-term with less volatility.  You get less bad when markets are bad and a little more good when it's good--like it for that.

BUY

He likes US small/mid-caps now because of Trump's home country bias.

BUY

They use a derivative structure to get pure credit exposure, but credit spreads are tight. However, it mitigates the interest rate risk.

COMMENT
An ETF with return of capital

It has a fixed payout. The underlying holdings don't generate that income. So, you get part of your money back.

COMMENT
What will happen if the BRICS countries replace the UDF as the global reserve currency with their own currency?

Not a chance. Such changes happen only every 100 years. Rarely. The US is the best dirty shirt in the laundry, despite all its ills. No other country is big enough to take over the USD, not even China or India, though down the road maybe.

COMMENT
Educational segmen

Trump is using tariffs to get deals done, like Mexico getting on the phone with him, and is now putting 10,000 National Guards along its border. Bigger picture is that the USMCA treaty is up for review in 2026. Until then, Trump will be hard and difficult until he gets what he wants out of Canad and Mexico, but we don't know exactly what that is. Also, Trump says that Canada is ripping off the US, which is wrong. The US needs Canada's oil and gas. There is a trade surplus for Canada; without oil, there is no surplus. Since fracking began over a decade, the US has bought proportionally more Canadian crude oil. So, to tax this is the dumbest thing he ever heard of. He's wrong to say that the US is oil-self-sufficient. Rather, the US needs Canada. There will be a lot of volatility in markets for the next year until a new USMCA, and it will be hard to negotiate as Canada is changing Prime Ministers. 

WAIT

They had a giant move after delivering great news, but now we're waiting for more great news. So, you have to wait till March 11 for their next report.

BUY

Sells at 13x PE, and is doing very well. A solid buy.

BUY ON WEAKNESS

Is down because Vanguard cut its fees. He picked up some shares on today's sell-off.

HOLD
The top performer on the S&P in January

Is a huge data centre play and soaring because of that. Then DeepSeek happened to throw doubt and hammered the stock. It has since risen. Is waiting until there's more clarity about this space and DeepSeek's actual costs.

HOLD
A top performer on the S&P in January

Is awaiting clarity about DeepSeek's actual costs and the entire AI complex. Rallied on the data centre trade, until DeepSeek hit.