Stephen Poloz sees signs of ‘real progress’ in Canada’s economy . – Stephen Poloz – Bank of Canada Governor is predicting Oil prices may stagnate around $50 . I own ENB and have made a decent gain on it to date. This makes me wonder if I should maybe sell. I will hold till I find another opportunity and then I will sell. US Fed keeps Rates Steady – Initially they had predicted last year that they will be raising…
I noticed a strange behavior with regard to LinkedIn stock today. The stock is trading between $191 and $192. This price is a bit strange because Microsoft’s purchase price for LNKD is $196 per share. If markets behaved efficiently the current stock price should be at minimum $196. I can only find two reasons for the discounted current price. First reason, Microsoft is still waiting for regulators to approve the purchase. I can’t see a reason why regulators will block this…
I have decided to do short term trading. See my rational behind it: http://www.financegirltoronto.com/2016/06/short-term-trading/ Now comes the tricky part of identifying what securities I am going to pick for my trading. If you are really interested in trading – you have to be willing to put in the time to understand the basics of how the markets work and what type of strategies are out there. Otherwise, what you are doing is the same thing as what you would do…
Based on research done yesterday I had placed a market order for Linked In at around $132. See analysis posted on 12th of June: http://www.financegirltoronto.com/2016/06/what-stocks-to-pick-for-trading-for-the-week-of-6122016/ When you are doing short term trading market news is very critical. As such I was checking around 9 am on Monday June 13th the pre market price for linked in and realized Microsoft has announced purchase of linked in at $195 per share! The pre market price was $195 ! I was a bit…
Want to know if the market would be up or down this week? Found an article – This article talked about stock index futures being lower and one possible reason being the 50 person shooting that happened in Florida. Futures of the stock index are usually a good indication of where the market will open. If you need further details on what a future is you can find it on Investopedia. Even though this article is for the US indexes…
Earlier this year I wrote an article on investment ideas for the year: http://www.financegirltoronto.com/2016/02/my-canadian-investing-ideas-for-the-year-2016/ I picked some stocks to hold for an investment period of a year. I have been formally trained to approach investing as long term activity. The rational person in me understands that investing is for the long term. My picks are doing well four months into the investment period: http://www.financegirltoronto.com/2016/06/review-of-stocks-performance-enbridge-enb-intact-financial-corp-ifc/?frame-nonce=e5b00c89ef There is another part of my brain that wants to invest for a short period. The…
At the beginning of the year (February 2016) I had wrote a post about the stocks that I was interested in investing. See article: http://www.financegirltoronto.com/2016/02/my-canadian-investing-ideas-for-the-year-2016/ The two stocks that I invested based on the analysis of this article are Enbridge (TSX: ENB) and Intact Financial Corporation (TSX: IFC). You can find my analysis and reasons for investing in the link provided above. Now it has been 4 months, I wanted to provide an update on how these two investments are…
This investopedia article lists out the major financial news sites : http://www.investopedia.com/articles/investing/112514/top-sites-latest-stock-market-news.asp# I use Yahoo Finance . I recommend spending a bit of time on each site to see which one works for you.
The financial markets are affected by many different events. Events such as a Central Bank’s decision on interest rates, government releasing different type of numbers such as unemployment rate, major companies reporting earnings, events that affects large countries such as a recession in China, and events that affect specific sectors such as OPEC’s decision to cut oil supply. In addition to the specific news stories that come out throughout the day, the markets are affected by specific events. See below…
My job is filled with phone and in person meetings in the mornings. I don’t normally get a chance to check online till about 11 am EST. About an hour and half after the US and Canadian market opens. I am also rarely at my desk. I am more of a long term investor than a short term trader. So I don’t always need real time data during the day. I do however want to be able to receive alerts…