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Three top picks from Horizons' Don Vialoux

Don Vialoux is a research analyst at Horizons ETF Management Canada. His focus is technical analysis and seasonal investing.

Top Picks:

Horizons Active Float ETF (HFR-TSX)

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Initially purchased in HAC last week. No personal holdings.

The ETF is designed to act like a short-term note and is well-suited for preservation of capital during volatile equity markets.

90-Day Canada Government Bond

None held personally or in HAC.

Opportunities to invest in selected sectors are available between May and October. The Treasury Bill is a convenient security to hold prior to investing in select sectors.

5-Month Canada Government Bond

None held personally or in HAC

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The period of seasonal volatility in equity markets is completed at the end of October when the five month Treasury Bill matures.

Past Picks: March 13, 2014

Horizons S&P 500 ETF (HXS-TSX)

Then: $35.44; Now: $36.13 +0.53%; Total return: +0.53%

Financial Select Sector SPDR Fund (XLF-NYSE)

Then: $21.94; Now: $21.93 -0.05%; Total return: +0.32%

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First Trust Auto ETF (CARZ-NYSE)

Then: $38.25; Now: $38.34 +0.24; Total return: +0.29%

Total return average: +0.38

"Now" figures are intraday from the date of the analyst's appearance on BNN Market Call.

Market outlook:

The period of seasonal strength for most equity markets in the world on average ended on May 5. Investors have unrealized profits in a wide variety of equity securities since start of the period of seasonal strength last October. Now is the time to take seasonal trading profits.

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