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Three top stock picks from Horizons’ Don Vialoux

Don Vialoux is Research Analyst at Horizons Investment Management. His focus is technical analysis and seasonal investing.

Top Picks:

Horizons TSX 60 Index ETF

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Current portfolio weight: 0.0%.

Period of seasonal strength relative to the S&P 500 index is from Dec. 1 to March 7. Technical profile is positive: uptrend, market perform relative to the S&P 500; trades above its 20, 50 and 200 day moving averages.

Select Sector SPDR-Industrial

Current portfolio weight: 20%.

Periods of seasonal strength are from Oct. 28 to Dec. 31 and Jan. 23 to May 5. Technical profile currently is positive: uptrend, outperforming the S&P 500 index; trades above its 20, 50 and 200 day moving averages.

SPDR Dow Jones Industrial Average

Current portfolio weight: 0.0%.

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Periods of seasonal strength is from Oct. 28 to Jan. 3 and from Jan. 23 to May 5. Technical profile is positive: uptrend, outperforming the S&P 500; trades above its 20, 50 and 200 day moving averages.

Past Picks: November 6, 2012

SPDR S&P 500 ETF Trust
Then: $142.96
Now: $179.73
Total return: +28.48 per cent

iShares China Large-Cap
Then: $38.11
Now: $39.64
Total return: +7.00 per cent

Horizons S&P/TSX 60 Index Fund
* Stock Split* 2 for 1 - August 20, 2013
Then: $10.58
Now: $23.67
Total return: +11.86 per cent

Total return average: +15.78 per cent

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Market outlook:

Traditionally, the month of December has been a great time to own North American equity securities. According to EquityClock.com, the S&P 500 index gained an average of 1.50 per cent per period during the past 20 periods and has been profitable 80 per cent of the time. December has been the third-best performing month of the year. Returns are better for the TSX composite index. Average gain per period during the past 20 periods was 2.30 per cent and the trade was profitable 85 per cent of the time. December has been the top performing month in the year for the TSX composite index.

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