Educational Segment | StockChase

Educational Segment Table


Signal Opinion Expert
BUY
General Market Comment 

December 11, 2017

Gold.  He is a value investor and has been nibbling away on gold.  Don’t make it all of your portfolio.  See his educational segment.

Gold.  He is a value investor and has been nibbling away on gold.  Don’t make it all of your portfolio.  See his educational segment.

Unknown
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$0.020
Owned Owned
Unknown

N/A
General Market Comment 

December 11, 2017

Educational Segment.  Bitcoin vs. Gold.  Bitcoin was seen as possibly a gold disrupter.  The biggest cost of investing is the volatility in order to take the position.  Is Bitcoin appropriate?  He thinks it is a bubble that will break because it is worth nothing.  If you want to add it to your portfolio you have to understand if it will help you or hurt you.  Gold does not do the same thing as equities do.  It gives you a diversifying effect.  If you adjust it for risk and then compare to Bitcoin, there is a daily volatility to Bitcoin of 10% and so it is hard to add this to your portfolio and improve your chances of an increase to its return.  If you can stomach the ups and down, then maybe Bitcoin is appropriate for you.  He thinks Bitcoin is close to zero in value and it is just a bubble.  Block chain is a different story and has no relation to an investment in Bitcoin.  Don’t trade futures in Bitcoin because of the leverage.  Leave it to the professionals.

Educational Segment.  Bitcoin vs. Gold.  Bitcoin was seen as possibly a gold disrupter.  The biggest cost of investing is the volatility in order to take the position.  Is Bitcoin appropriate?  He thinks it is a bubble that will break because it is worth nothing.  If you want to add it to your portfolio you have to understand if it will help you or hurt you.  Gold does not do the same thing as equities do.  It gives you a diversifying effect.  If you adjust it for risk and then compare to Bitcoin, there is a daily volatility to Bitcoin of 10% and so it is hard to add this to your portfolio and improve your chances of an increase to its return.  If you can stomach the ups and down, then maybe Bitcoin is appropriate for you.  He thinks Bitcoin is close to zero in value and it is just a bubble.  Block chain is a different story and has no relation to an investment in Bitcoin.  Don’t trade futures in Bitcoin because of the leverage.  Leave it to the professionals.

Unknown
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$0.020
Owned Owned
_N/A

N/A
General Market Comment 

December 4, 2017

Educational Segment.  Are all the benefits of a tax reform package in the US priced into the US market?  He does not think this tax bill will help the people who voted for Trump.  After the 10 years are up, the top 1 and 0.1% income earners will get the benefits of this package.  The rest get almost nothing.  Trailing earnings and expected earnings for the S&P will increase 20% and 10% per year in earnings growth after the package.  There is a lot of good news priced into the market today.  There will be a sell-the-news effect when it is signed.  See his blog entry for today.

Educational Segment.  Are all the benefits of a tax reform package in the US priced into the US market?  He does not think this tax bill will help the people who voted for Trump.  After the 10 years are up, the top 1 and 0.1% income earners will get the benefits of this package.  The rest get almost nothing.  Trailing earnings and expected earnings for the S&P will increase 20% and 10% per year in earnings growth after the package.  There is a lot of good news priced into the market today.  There will be a sell-the-news effect when it is signed.  See his blog entry for today.

Unknown
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$0.020
Owned Owned
_N/A

N/A
General Market Comment 

November 27, 2017

Educational Segment.  Financial Literacy – Robotic Advisors.  Currently, the human advisor has to talk to the client and get to know them.  They propose solutions, implement them and then constantly monitor and adjust strategy.  Robotic advising services bring costs down.  The first step is best done with a human.  You need a trusted goto person.  It is hard to trust something you can’t look in the eyes.  The constant monitoring is best for the computers but explaining complex concepts or guiding the investor through difficult times still requires an advisor.  The advisor industry will be disrupted over the next decade by robot advisors.

Educational Segment.  Financial Literacy – Robotic Advisors.  Currently, the human advisor has to talk to the client and get to know them.  They propose solutions, implement them and then constantly monitor and adjust strategy.  Robotic advising services bring costs down.  The first step is best done with a human.  You need a trusted goto person.  It is hard to trust something you can’t look in the eyes.  The constant monitoring is best for the computers but explaining complex concepts or guiding the investor through difficult times still requires an advisor.  The advisor industry will be disrupted over the next decade by robot advisors.

Unknown
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$0.020
Owned Owned
_N/A

N/A
General Market Comment 

November 13, 2017

Educational Segment.  Bitcoin: He thinks it is speculative.  It is a crypto currency.  It is money:  a store of value, a unit of account and a medium of exchange (the definition of money).  The intrinsic value of Bitcoin is nothing.  It is more likely to be zero than anything else.  GBTC-N is a fund that trades in Bitcoin as the underlying asset.  From a risk perspective, it is the highest risk category you could imagine.  GBTC-N trades at a 49% premium to the underlying currency.  Expect volatile ups and down.  He is negative on the outlook.  It could keep going up for years but it is a speculative vehicle and you should leave it alone unless you are a big risk taker as you are not owning the underlying technology.  It has no underlying value.

Educational Segment.  Bitcoin: He thinks it is speculative.  It is a crypto currency.  It is money:  a store of value, a unit of account and a medium of exchange (the definition of money).  The intrinsic value of Bitcoin is nothing.  It is more likely to be zero than anything else.  GBTC-N is a fund that trades in Bitcoin as the underlying asset.  From a risk perspective, it is the highest risk category you could imagine.  GBTC-N trades at a 49% premium to the underlying currency.  Expect volatile ups and down.  He is negative on the outlook.  It could keep going up for years but it is a speculative vehicle and you should leave it alone unless you are a big risk taker as you are not owning the underlying technology.  It has no underlying value.

Unknown
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$0.020
Owned Owned
_N/A

N/A
General Market Comment 

November 6, 2017

Educational Segment.  Volume on ETFs.  Consider ZEB-T which is high volume.  The underlying stocks each trade way more volume and especially the value.  ZJN-T is low volume, about 3k shares a day.  The top volume stocks in its holdings trade at quite large volumes in comparison.  If an ETF provider creates a unit, it is priced according to what it costs them to go out and buy all the stocks within it.  This concept is not well understood by the investing public.

Educational Segment.  Volume on ETFs.  Consider ZEB-T which is high volume.  The underlying stocks each trade way more volume and especially the value.  ZJN-T is low volume, about 3k shares a day.  The top volume stocks in its holdings trade at quite large volumes in comparison.  If an ETF provider creates a unit, it is priced according to what it costs them to go out and buy all the stocks within it.  This concept is not well understood by the investing public.

Unknown
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$0.020
Owned Owned
_N/A

N/A
General Market Comment 

October 30, 2017

Educational Segment.  The Canadian Dollar.  It has been on a roller coaster ride this year.  The 2 year spread between US and Canadian is the highest correlation to the Canadian dollar.  Our bonds usually yield more than the US.  But back in 2015 that changed.  Short term this is a negative factor.  In the futures market, speculators in the Canadian dollar shorted this year but now are net long.  That potentially has some downside for the dollar.

Educational Segment.  The Canadian Dollar.  It has been on a roller coaster ride this year.  The 2 year spread between US and Canadian is the highest correlation to the Canadian dollar.  Our bonds usually yield more than the US.  But back in 2015 that changed.  Short term this is a negative factor.  In the futures market, speculators in the Canadian dollar shorted this year but now are net long.  That potentially has some downside for the dollar.

Unknown
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$0.020
Owned Owned
_N/A

N/A
General Market Comment 

October 23, 2017

Educational Segment.  Seasonality.  The seasonal pattern has not worked this year (Sell in May and Go Away).  There was no market correction in Sept./Oct.  Since we did not get a correction you might say we will not get much of a seasonal impact for the rest of the year.  He looked into history and over 30 years in years where we did not get that seasonal correction, the market just continued up and the seasonality in November December is even stronger, although sometimes the correction is just later in the year.  Seasonality is just one factor to incorporate into your investing decisions.

Educational Segment.  Seasonality.  The seasonal pattern has not worked this year (Sell in May and Go Away).  There was no market correction in Sept./Oct.  Since we did not get a correction you might say we will not get much of a seasonal impact for the rest of the year.  He looked into history and over 30 years in years where we did not get that seasonal correction, the market just continued up and the seasonality in November December is even stronger, although sometimes the correction is just later in the year.  Seasonality is just one factor to incorporate into your investing decisions.

Unknown
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$0.020
Owned Owned
_N/A

N/A
General Market Comment 

October 16, 2017

Educational Segment.  Richard Thaler won a Nobel price.  He is the best behavioral economist.  He spends a lot of time trying to get through to viewers and teach them how to make a better investment decision.  Richard is best known for the endowment effect where you value something overly when you already own.  You are reluctant to sell it below what you bought it at.  Even utility bills are giving you little nudges to help you make better decisions in the use of your energy. 

Educational Segment.  Richard Thaler won a Nobel price.  He is the best behavioral economist.  He spends a lot of time trying to get through to viewers and teach them how to make a better investment decision.  Richard is best known for the endowment effect where you value something overly when you already own.  You are reluctant to sell it below what you bought it at.  Even utility bills are giving you little nudges to help you make better decisions in the use of your energy. 

Unknown
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$0.020
Owned Owned
_N/A

N/A
General Market Comment 

October 2, 2017

Educational Segment.  (weekly series) What Investor Personality Are You?:  4. The Independent.  A lot of behavioral learning has been incorporated into the body of knowledge.  The independent is a BNN watcher, reads the paper and is interested in being involved in the investing.  These investors are susceptible to a self attribution bias – they take credit if it works and blame the other guy if it doesn’t.  It causes portfolios to be concentrated.  They should focus on diversification. 

Educational Segment.  (weekly series) What Investor Personality Are You?:  4. The Independent.  A lot of behavioral learning has been incorporated into the body of knowledge.  The independent is a BNN watcher, reads the paper and is interested in being involved in the investing.  These investors are susceptible to a self attribution bias – they take credit if it works and blame the other guy if it doesn’t.  It causes portfolios to be concentrated.  They should focus on diversification. 

Unknown
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$0.020
Owned Owned
_N/A

BUY
General Market Comment 

September 25, 2017

Fang Stocks ETF Recommendation.  FNG-N.  See his educational segment today.  When we go into ‘Risk Off’ you will see a lot of profit taking happening.

Fang Stocks ETF Recommendation.  FNG-N.  See his educational segment today.  When we go into ‘Risk Off’ you will see a lot of profit taking happening.

Unknown
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$0.020
Owned Owned
Unknown

N/A
General Market Comment 

September 25, 2017

Educational Segment.  (weekly series) What Investor Personality Are You?:  3. The Follower.  Typically are interested in markets but don’t know a lot and are most interested in looking for a ‘tip’.  Their portfolios don’t have a lot of construction or diversification.  They suffer from regret aversion and hindsight bias.  They won’t make a lot of their own decisions.  The FANG stocks have a lot of these.

Educational Segment.  (weekly series) What Investor Personality Are You?:  3. The Follower.  Typically are interested in markets but don’t know a lot and are most interested in looking for a ‘tip’.  Their portfolios don’t have a lot of construction or diversification.  They suffer from regret aversion and hindsight bias.  They won’t make a lot of their own decisions.  The FANG stocks have a lot of these.

Unknown
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$0.020
Owned Owned
_N/A

N/A
General Market Comment 

September 18, 2017

Educational Segment.  (weekly series) What Investor Personality Are You?:  2. The Preserver / Conservative.  They have typically done well in their business or career and have always been conservative.  As they get older they get TOO conservative.  They tend to have more fixed income.  Over the last 30 years they would get 6-7% returns.  Over the next 10 years you are looking at a return of 2.5% before fees with higher risk.  He does not think you can re-think what kind of investor you are. 

Educational Segment.  (weekly series) What Investor Personality Are You?:  2. The Preserver / Conservative.  They have typically done well in their business or career and have always been conservative.  As they get older they get TOO conservative.  They tend to have more fixed income.  Over the last 30 years they would get 6-7% returns.  Over the next 10 years you are looking at a return of 2.5% before fees with higher risk.  He does not think you can re-think what kind of investor you are. 

Unknown
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$0.020
Owned Owned
_N/A

N/A
General Market Comment 

September 11, 2017

Educational Segment.  (weekly series) What Investor Personality Are You?: 1. The Accumulator.  They have a confidence bias in what they do, but make common mistakes in investing because they believe they can control the outcome of the markets.  If you are a growth investor and focused on maximizing returns, you have to be aware you will have challenges.  E.g. AMZN-Q.  A compounded return of 37.5%.  When you look at all the ups and downs, look at the amounts.  You have to assume more volatility during corrections.  You have to ask if it is appreciate for you as an investor.  You have to be willing to sit tight every couple of years with a 30-50% correction.  You can’t get in and out repeatedly.  You have to understand what your emotional response will be.

Educational Segment.  (weekly series) What Investor Personality Are You?: 1. The Accumulator.  They have a confidence bias in what they do, but make common mistakes in investing because they believe they can control the outcome of the markets.  If you are a growth investor and focused on maximizing returns, you have to be aware you will have challenges.  E.g. AMZN-Q.  A compounded return of 37.5%.  When you look at all the ups and downs, look at the amounts.  You have to assume more volatility during corrections.  You have to ask if it is appreciate for you as an investor.  You have to be willing to sit tight every couple of years with a 30-50% correction.  You can’t get in and out repeatedly.  You have to understand what your emotional response will be.

Unknown
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$0.020
Owned Owned
_N/A

N/A
General Market Comment 

August 28, 2017

Educational Segment.  Where Equity Markets Returns have come from.  Going back to 1970, real return has been 6.3%.  Breaking that down, dividends have been 3.4% points.  Margin and multiple expansion have been 0.5% and 0.1% percentage points.  But in the last 7 years those last two factors have been the most significant.  A 7-year forecast shows a loss of 3.9 on US large caps vs. a gain of 2.9% on emerging markets.

Educational Segment.  Where Equity Markets Returns have come from.  Going back to 1970, real return has been 6.3%.  Breaking that down, dividends have been 3.4% points.  Margin and multiple expansion have been 0.5% and 0.1% percentage points.  But in the last 7 years those last two factors have been the most significant.  A 7-year forecast shows a loss of 3.9 on US large caps vs. a gain of 2.9% on emerging markets.

Unknown
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$0.020
Owned Owned
_N/A

Showing 1 to 15 of 217 entries
<< < 1 2 3 4 5 > >>
 
Successfully Saved Company