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Today, John Hood commented about whether ZST-T, XLE-N, VTV-N, INDA-US, XIN-T, ZWE-T, ZPR-T, HPR-T, HEJ-T, SPSM-N, XLF-N, VUN-T, ZWB-T, HXT-T, XIV-N, ZQQ-T, QQQ-Q, XLK-N, XEI-T, ZWH-T, FLI-T, SDOG-A are stocks to buy or sell.

COMMENT
Market Outlook First trading day of the year. The market started trading down again. December was a normal correction to start, but got worse. An 800 point down day on the Dow is not of too concern when you consider the overall level of the market. One should have a strategy to deal with higher market volatility. He is going to re-balance his portfolio and will avoid buying junk (like cannabis and bitcoin stocks).
Unknown
HOLD
This Dogs of Dow strategy ETF takes an equal weight to the top 10 dividend payers. The MER is fairly high he thinks. He does not see anything against this strategy, but would prefer a value based ETF on the S&P.
E.T.F.'s
DON'T BUY
The 10 largest LIFECOs in the US and Canada and with covered calls. The yield is 7.2%, which worries him because the stocks themselves do not pay this yield. He wonders if the structure is resulting in a return of capital or there is some underlying leverage involved. Is the return more volatile than the underlying securities? He would not recommend it now.
E.T.F.'s
COMMENT
Are covered calls safe in a down market? Covered call righting only protects a very small amount of your capital -- it is only there to generate income -- it is not a hedge. He has sold ZWH-T as he does not want to sell covered calls in a recovering market as it has sold off the upside potential. He might just consider outright buying banks stocks at this point. In a flat market or rising market covered calls are a good strategy.
Unknown
COMMENT
Are covered calls safe in a down market? Covered call righting only protects a very small amount of your capital -- it is only there to generate income -- it is not a hedge. He has sold ZWH-T as he does not want to sell covered calls in a recovering market as it has sold off the upside potential. He might just consider outright buying banks stocks at this point. In a flat market or rising market covered calls are a good strategy.
0
DON'T BUY
He has held it in the past, but he sold it because he is not optimistic on the TSX in general. Government policy is restricting business in Canada he feels. He likes the tech sector, but does not see upside in the higher yield sectors.
E.T.F.'s
COMMENT
A tech ETF recommendation? He likes XLK-N, which has all the big players and of course QQQ-Q and the ZQQ-T. It depends on whether you want a particular skew in Apple, Facebook, etc. The QQQ-Q provides the best diversification he thinks.
E.T.F.'s
COMMENT
A tech ETF recommendation? He likes XLK-N, which has all the big players and of course QQQ-Q and the ZQQ-T. It depends on whether you want a particular skew in Apple, Facebook, etc. The QQQ-Q provides the best diversification he thinks.
E.T.F.'s
COMMENT
A tech ETF recommendation? He likes XLK-N, which has all the big players and of course QQQ-Q and the ZQQ-T. It depends on whether you want a particular skew in Apple, Facebook, etc. The QQQ-Q provides the best diversification he thinks.
E.T.F.'s
COMMENT
An inverse ETF such as XIV-N might be leveraged -- and he will never touch leveraged funds. XIV-N was actually liquidated as investors lost 90% of their investment. He thinks HXT-T is non-leveraged. You can be on the right side of the market, yet still lose money on a leveraged fund. The leveraged funds are really for day traders only.
0
COMMENT
An inverse ETF such as XIV-N might be leveraged -- and he will never touch leveraged funds. XIV-N was actually liquidated as investors lost 90% of their investment. He thinks HXT-T is non-leveraged. You can be on the right side of the market, yet still lose money on a leveraged fund. The leveraged funds are really for day traders only.
E.T.F.'s
WATCH
This is always a core holding for him and it provides a 5.25% yield. He is concerned in this market right now and he may not own this soon. He is afraid of giving away the upside if the market rallies. He might prefer to own the banks stocks outright -- without selling covered calls.
E.T.F.'s
PAST TOP PICK
(A Top Pick Dec 27/17, Down 8%) This holds small cap companies and was hurt by the recent market downturn. He is still holding it today.
E.T.F.'s
PAST TOP PICK
(A Top Pick Dec 26/17, Down 13%) He will continue to like holding US bank stocks. Rising interest rates will help this ETF. He would not buy this for the yield, which is near 1.8%.
E.T.F.'s
PAST TOP PICK
(A Top Pick Dec 26/17, Down 11%) The small cap sector has been impacted by the market move as a whole. He did not actually end up purchasing this back then.
E.T.F.'s