MY JOURNAL FOR FRIDAY MORNING – AUGUST 2, 2019
NEWS, BREAKOUTS, MOMENTUM PLAYS, & BOTTOMS
Jon Vialoux, Castlemoore Inc. Top Picks: July 31, 2019 📺
Jon Vialoux of CastleMoore shares his top picks: the IGV, the ZLH and the PSA
ISHARES EXPANDED TECH-SOFTWARE SECTOR ETF (IGV.O)
This ETF holds a basket of software equities trading on North American exchanges, including Microsoft, Oracle and Salesforce. The industry has been benefitting from positive year-over-year revenue growth and the more defensive characteristics of these technology companies tends to provide an ideal place to invest during the volatile summer period. Analysis of the S&P North American Technology Software Index shows that a buy date of July 31 and a sell date of Nov. 8 has resulted in a geometric average return of 4.2 per cent above the benchmark rate of the S&P 500 Total Return Index over the past 20 years. This seasonal timeframe has shown positive results compared to the benchmark in 17 of those periods.
BMO LOW VOLATILITY US EQUITY HEDGED TO CAD ETF (ZLH.TO)
The remainder of the third quarter is characterized as a period of increasing volatility and investors will want to find ways to hedge themselves. The BMO Low Volatility ETF provides exposure to a low beta weighted portfolio of U.S. stocks, providing less sensitivity to market movements. Reducing beta and correlation to the market in portfolios can allow investors to ride out the rocky trading period ahead, while still participating in the upside potential for stocks.
PURPOSE HIGH INTEREST SAVINGS ETF (PSA.TO)
With the period of seasonal volatility for equity markets, investors may be tempted to sell to cash to wait out the potential market storm. This ETF allows investors to park their unused funds while earning a stable return. The current yield is 2.15 per cent, with distributions occurring monthly. The fund invests in high interest deposit accounts with one or more Canadian chartered banks, providing investors with greater yield than traditional money market funds.
Tech Talk is a free stock market letter service available at TimingTheMarkets.com and EquityClock.com. Ask us about the Seasonal Advantage Portfolio.
Halo Labs: Fast Growth, Focused Strategy, and Undervalued – Capital Ideas Media 📽
Capital Ideas Media publisher Mark Bunting talks to Halo Labs’ (NEO:HALO;OTC:AGEEF) Founder, CEO, and Director Kiran Sidhu about how the company has become one of the fastest-growing firms in its sector in the U.S. Sidhu outlines Halo’s expansion in California and Nevada, it’s improving business in Oregon, a strategic deal in Lesotho, gives financial projections, and explains why the stock is undervalued compared to peers.
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This Chart Could Plummet!
BREAKOUTS, MOMENTUM PLAYS, & BOTTOMS 📈
ECN Capital (TSX:ECN)
TMX Group (TSX:X)
Viemed Healthcare (TSX:VMD)
Killam Apartment REIT (TSX:KMP.UN)
Lightspeed POS (TSX:LSPD)
Recipe Unlimited (TSX:RECP)
GT Gold (TSXV:GTT)
MOMENTUM ALERT SIGNALS 📡
Have a great day! 🙂
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