Educational Segment | StockChase

Educational Segment Table


Signal Opinion Expert
N/A
General Market Comment 

January 15, 2018

Educational Segment.  US$ exposure in your portfolio.  There is a perfect storm brewing: What the BOC will do, NAFTA, oil prices.  There is Canadian dollar risk.  He is fully exposed to the US$ at $0.80.  There is an 85% change they will raise rates in Canada on Wednesday.  The NAFTA agreement will allow Trump to cause a lot of problems without ripping it up.  He will use this against Mexico because he wants his wall.  There is a housing risk in Canada with the new rules combining with higher interest rates.  The Canadian dollar should be weaker rather than stronger.  Oil prices are being driven by the weaker US$.  He thinks they will pull back into the mid-$50s.  Go unhedged in ETFs for the next 6 months.

Educational Segment.  US$ exposure in your portfolio.  There is a perfect storm brewing: What the BOC will do, NAFTA, oil prices.  There is Canadian dollar risk.  He is fully exposed to the US$ at $0.80.  There is an 85% change they will raise rates in Canada on Wednesday.  The NAFTA agreement will allow Trump to cause a lot of problems without ripping it up.  He will use this against Mexico because he wants his wall.  There is a housing risk in Canada with the new rules combining with higher interest rates.  The Canadian dollar should be weaker rather than stronger.  Oil prices are being driven by the weaker US$.  He thinks they will pull back into the mid-$50s.  Go unhedged in ETFs for the next 6 months.

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 

January 8, 2018

Educational Segment.  The ‘Melt Up’.  We are probably in the past phase of the market cycle and the market will probably ‘melt up’.  The final phase of the acceleration up before a bubble takes 3 to 3.5 years to play out and you get a proportional decline.  The start of this melt up was the election of Trump.  The S&P within 9 months to two years will peak out in 3400 – 3700 range and will end the ‘melt up’.  The change from previous market cycles is the amount of money in ETFs which affects advance decline lines.  He thinks caution prevails rather than chasing the market higher.

Educational Segment.  The ‘Melt Up’.  We are probably in the past phase of the market cycle and the market will probably ‘melt up’.  The final phase of the acceleration up before a bubble takes 3 to 3.5 years to play out and you get a proportional decline.  The start of this melt up was the election of Trump.  The S&P within 9 months to two years will peak out in 3400 – 3700 range and will end the ‘melt up’.  The change from previous market cycles is the amount of money in ETFs which affects advance decline lines.  He thinks caution prevails rather than chasing the market higher.

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 18, 2017

Educational Segment.  Forecasts for 2018.  Looking back on 2017, he was looking for a disappointment, but the market has not been.  He has been running portfolios very defensively.  His global dividend strategy is almost 9%, which is not bad.  He focuses on better risk adjusted returns.  Should we step on the gas now with the US tax bill.  No, 8 years into a bull market he will remain defensive.  In the last couple of months we saw a dramatic downturn in the western Canadian select oil compared to WTI.  Pipelines are not getting enough oil down to the US, so all of a sudden we can’t get enough our landlocked oil to Asia, due to a lack of east/west pipelines.  Canada should underperform next year.  The housing market and rising interest rates will start to cool, which was the biggest contributor to GDP.  He does not think we get a recession next year.  2775 is his target for the S&P, a 4 to 6% return, and less for Canada.  You should focus on dividend strategies for next year.  He expects a 5-10% pull back next year.  We are in for some bumpier markets in the next couple of years.

Educational Segment.  Forecasts for 2018.  Looking back on 2017, he was looking for a disappointment, but the market has not been.  He has been running portfolios very defensively.  His global dividend strategy is almost 9%, which is not bad.  He focuses on better risk adjusted returns.  Should we step on the gas now with the US tax bill.  No, 8 years into a bull market he will remain defensive.  In the last couple of months we saw a dramatic downturn in the western Canadian select oil compared to WTI.  Pipelines are not getting enough oil down to the US, so all of a sudden we can’t get enough our landlocked oil to Asia, due to a lack of east/west pipelines.  Canada should underperform next year.  The housing market and rising interest rates will start to cool, which was the biggest contributor to GDP.  He does not think we get a recession next year.  2775 is his target for the S&P, a 4 to 6% return, and less for Canada.  You should focus on dividend strategies for next year.  He expects a 5-10% pull back next year.  We are in for some bumpier markets in the next couple of years.

Unknown
Larry Berman CFA, CMT, CTA

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

PricePrice
$0.020
Owned Owned
_N/A

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

Showing 1 to 15 of 220 entries
<< < 1 2 3 4 5 > >>
 
Successfully Saved Company