The markets overseas have fallen due to Trump’s comment on additional tariffs . So today most likely will be a red day for our markets as well ! I should be getting some capital tomorrow. I am hoping it will stay red so I can do some purchasing. Tesla reported its earnings yesterday and its stock price is up in pre markets. I am hoping this good news for Tesla will reflect in an upward movement for Lithium . I…
When I visit a new city I usually search for walking path Recommendations by others so I know where to start from to see the main attractions of the city . I will share my walking path Recommendations in Toronto to help others . If you are getting out at union station you can walk down Bay Street toward the lake ( South ) to get to the waterfront. If you drove, find Bay and Front intersection and start walking…
My stocks took a beating yesterday. It was not only my stocks but the entire market took a beating. One of the hardest things to do when the market is red is fight the urge to sell . I am going to not sell any of my holdings today . Unless there is some sort of intraday trigger I would be holding onto my positions with pain . I wish I had some capital to invest. When markets are red…
I have been traveling to Manhattan,New York for over an Year and have had a chance to taste dessert at different restaurants and dessert shops . My Recommendations: Milk Bar – After being inspired by Christina Tosi ( Super talented Pastry chef ) on Chef’s Table ( Netflix series) I went in search of Milk Bar ( her pastry store) . I ended up at the Wall Street location ( I work near here ) . She is in an…
Currently in my short term account I am holding three positions. 1. LAC.TO ( Lithium ) 2. KAT.TO ( Copper ) 3. Facebook ( FB) I don’t see any triggers for the 3 stocks to be sold today based on events in the 3 industries . I will most likely hold the 3 stocks for now monitoring on a daily basis . As you can see I am not day trading but doing more of short term trading. I have…
I have decided to share my daily thoughts with regard to day trading. This is one way to force me to perform some sort of action each day. I been trading Katanga Mining Limited ( KAT.TO) stocks constantly. In Nicolas Darvas’s word this stock has become one of my pet stocks for day trading. Having a pet stock for day trading can be dangerous. You become emotionally attached and emotions are never a good idea in any type of trading….
I been dabbling in KAT.TO for day trading. I have bought 9000 shares in it yesterday and the day before. Debating about if I want to sell today or put in a stop loss. Picking the right stop loss is important. For someone like me it is one of of the hardest things to do. But it is something I need to force myself to do to minimize losses and to avoid holding positions for a long time tying in…
Roper Technologies ( ROP.N ) – Currently at 276 and change. It is a parent company of 40 Micro company. Didn’t catch my interest – so staying away for now. Softbank (9984.TYO) – Owns 28% of Alibaba owns shares in many other leading companies. Considered one of the best venture fund on the planet by a lot of smart companies. Currently at $40.43 . 16 Buys , 2 Holds and no Sell. This company definitely captured my interest. I will…
I read the book “How I Made 2000000 In The Stock Market ” By Nicolas Darvas recently. He was actively involved in the markets in the 1950s. There was a lesson in that book that is still very valuable today . One thing he did religiously was to put a stop loss for every order he placed . A stop loss is an order type that gets triggered if a stock price falls to the stop loss order price or…
At work I manage a large team and lately I have been thinking about what makes a great leader . My first instinct is to always read more when I need to learn more about a topic . So I picked up HBR’s 10 Must Reads On Leadership by Peter F Drucker . As I go through each chapter or key points I will summarize my thoughts in a blog posting. From the first article “What Makes A Leader ?”…