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bnn market call

Richard Croft.

Richard Croft is president of RN Croft Financial Group. His focus is options and ETFs.

Top Picks:

WisdomTree Europe Hedged ETF (HEDJ-NYSE)

Invests in Europe to take advantage of quantitative easing. Currency risk is hedged back to the U.S. dollar.

WisdomTree Trust Japan Total Dividend Fund (DXJ-NYSE)

Invests in Japan to take advantage of quantitative easing. Currency risk is hedged back to the U.S. dollar.

Bank of America January (2017) 17 Call

Same theme but with leveraged exposure to the Canadian financial sector. Given the challenges with leveraged ETFs, this should be a shorter-term trade looking to exit the position by the end of the first half of 2014.

Past Picks: May 26, 2014

** Returns as of May 23, 2014 due to U.S. Memorial day on May 26, 2014**

Microsoft (MSFT-Nasdaq)

Then: $40.12; Now: $47.63 18.71%; Total return: 21.05%

iShares MSCI Russia Capped ETF (ERUS)

Then: $19.93; Now: $15.83 -20.57%; Total return: -16.09%

EGShares India Infrastructure ETF (INXX)

Then: $14.88; Now: $12.58 -15.46%; Total return: -15.20%

Total return average: -3.41%