N/A
A Comment -- General Comments From an Expert
Market. The raptors don't move the needle on the markets except for a few upticks in bar sales in downtown Toronto. Trump created a trade issue with Mexico for no reason. He will continue to use this tool. Trump is using tariffs for other than trade issues. Larry thinks it is a tool he will continue to use. Trade issues with China will go into the election issue, in which case China gets the 'trump' card. As long as Trump is on this path of tariffs then there will be no confidence by businesses to make any big deals. In the US there are no new net jobs so things are slowing dramatically with the economy.
Unknown
BUY

How to increase dividends. These are all the same thing. You get exposure to Canadian large caps. There is no diversification by being in all three. ZWU-T should replace one of them to get utilities including pipelines and telcos and less reliance on the banks. Still Canada so you need international. ZWE-T is the best international dividend payers yielding 7% with a covered call overlay. ZWS-T is the best in the US. These are the two to add to the three. These should be in a registered portfolios if you are retired because there is no divined tax credit.

E.T.F.'s
BUY

How to increase dividends. These are all the same thing. You get exposure to Canadian large caps. There is no diversification by being in all three. ZWU-T should replace one of them to get utilities including pipelines and telcos and less reliance on the banks. Still Canada so you need international. ZWE-T is the best international dividend payers yielding 7% with a covered call overlay. ZWS-T is the best in the US. These are the two to add to the three. These should be in a registered portfolios if you are retired because there is no divined tax credit.

investment companies / funds
BUY

How to increase dividends. These are all the same thing. You get exposure to Canadian large caps. There is no diversification by being in all three. ZWU-T should replace one of them to get utilities including pipelines and telcos and less reliance on the banks. Still Canada so you need international. ZWE-T is the best international dividend payers yielding 7% with a covered call overlay. ZWS-T is the best in the US. These are the two to add to the three. These should be in a registered portfolios if you are retired because there is no divined tax credit.

E.T.F.'s
HOLD
Short vs. long term bonds. Generally as the expectation comes for rate hikes, you want longer term bonds. You don’t want corporate because if the economic slows, you just want government bonds.
E.T.F.'s
HOLD
Short vs. long term bonds. Generally as the expectation comes for rate hikes, you want longer term bonds. You don’t want corporate because if the economic slows, you just want government bonds.
E.T.F.'s
BUY ON WEAKNESS
There are three interesting sectors: The traditional utilities that are rather overvalued; the telcos in Canada are good plays. They are not fully valued but not cheap; The pipelines are more linked to energy prices. He would agree that the sectors are fairly fully valued but he likes that it is defensive and has a yield. 5% lower and he would start nibbling at it.
E.T.F.'s
DON'T BUY
From the perspective of market behavior, he is a bear. He thinks Canada will under-perform for a long time. From a technical perspective, if the lows hold and we start to make higher highs, it says 'bottom'. And not until then do you get confidence from a chart perspective. There is nothing good happening yet. It is becoming tradable but not investible.
oil / gas
DON'T BUY
Norbord Inc
OSB-T vs. CFP-T. Looking at a long term chart of lumber futures, we are getting back to levels from when the economic levels were much weaker. Individually he is not sure that the prices are washed out. There may be more downsides in the more economically sensitive names.
household goods
DON'T BUY
Canfor Corp
OSB-T vs. CFP-T. Looking at a long term chart of lumber futures, we are getting back to levels from when the economic levels were much weaker. Individually he is not sure that the prices are washed out. There may be more downsides in the more economically sensitive names.
west coast forestry
N/A
Educational Segment. We are at full employment in the US so how can they fathom cutting interest rates? But in March the Fed was still intending on raising interest rates. Since then the tariffs and trade wars have driven policy. The market thinks the rates will remain where they are at only 82% probability. The Fed is now talking about emergency rate cuts with full employment.
Unknown
N/A
Badger Daylighting
Market. BAD-T about 2.5 years ago had a huge short position. He thought that was unusual. He was convinced the shorts were wrong. One of the short sellers launched an attack that was just lies. It went down on volume. Insiders then bought a bunch and the stock more than doubled. The short-seller was wrong. If your stock is subject to one of these attacks then don't run for the doors. The regulators don't do much about this tactic. Often times what is said about these companies is untrue and you should not let them steer you. The BAD-T shares have come roaring back. This happened mid-2017. It is a pity that investors have to pay the price for this.
oil / gas
BUY
Athabasca Minerals
An Alberta based aggregates company – the division that pays the bills. Two other divisions. One is a fack-sand division. Drilling in BC is about to pickup because of the LNG plant about to go in. If they can prove out their deposits it could be very positive for the division. The other division is like Uber eats but for gravel, which is an inefficient market. They can profit from the division between gravel prices between vendors as they take orders for delivery.
Mining
DON'T BUY
AutoCanada Inc.
The economy in Edmonton is not great. Car selling is competitive. ACQ-T has a lot of management turnover. He would not be into it.
specialty stores
BUY
Questor Technology
Waste gas is not flared off but used for something useful. There had been a regulatory issue in Colorado and he thinks this has passed. It is well managed.
oil / gas field services