This is one of my favorite stocks to speculate in. I usually keep a few stocks on my watch list and keep track of the range the stock trades in. Whenever I notice a significant pull back – I will step in to buy. Some stocks I keep only for a short time – others for long. My short term trades are usually in my TFSA and longer term trades in my RRSP. I have previously done short term trading…
Don Vialoux’s Top Picks: May 8, 2017 – Don Vialoux is a Technical and Seasonal trader that trades based on patterns. Fascinating to listen to him. Take away – When VIX spikes you don’t want to be in the market. Look at the moving average of the major stock indexes – if it is above its 50 day moving average stay in the market and if it goes below, be careful. Also check out his website – www.timingthemarket.ca ….
As an investor I am familiar with VIX. It stand for Volatility Index – and is a measure of the amount of volatility in the market and investor’s sentiment – sometimes it is also referred to as a fear index. More about it here . If you don’t like to read there is a good video explaining what it is. Good resource for further education – from the originators of VIX. I looked at the various option prices of the…
I have recently taken some profits and did some short term plays – trades I held for under two weeks. Some updates below. I sold my position in Air Lease Corporation – This was one of my top recommendations. It was a good recommendation. I made 22% on this stock over a 7 month holding period. I bought SNAP and LAC.TO two weeks ago. They are both stocks I recommended against investing in for long term. You can read the…
This article on How To Build The Ultimate Stock Screener resonated with me. One of the tips on this article was to build a professional news routine. I do this informally , but after reading this article I thought I would put it in writing. My news routine On a Daily Basis: www.bnn.ca www.bloomberg.com yahoo.finance I set up news alerts and closing day price alerts for stocks that I own. These are my primary sources for finance news. I also…
Lululemon dropped 23% today based on their earnings and coming year forecast. I love their pants/tops etc ! I am a believer in investing what you know! I shelled out an outrageous amount of money for leggings and workout tops and I normally wouldn’t! It wasn’t even on sale! And currently I don’t even work out that often – so a brand that made me shell out cash is definitely worth looking into. The quality of the tights and top…
Someone told me today to buy Lithium Americas Corp – LACDF. So this is what I did. For Canadian Investors this company is also traded on the TSX LAC.TO . If you decide to trade it you can avoid the exchange costs by trading the CAD ticker. Check out what the company does: Yahoo has a profile section. You can search buy ticker symbol on yahoo and go to the profile section to understand what the company is about and…
Snapchat went public last week and it opened up around $24.73 and has since traded between $23.50 to $29.44 . It is one of the most anticipated IPOs in recent times. I been asked a few times if I would be buying Snapchat stocks. My answer is ‘No’. I have a very simple reason for not buying it. Mainly it is a product I dont understand and find a use for. I normally tend to invest in what I know…
I am normally a long term investor. My investing is very much fundamental analysis based. I currently hold some positions and have had them for over 6 months. You can see my current long term holds on the right. I have not bought any new stocks this year so far. I wanted to learn some technical indicators so I can determine my entry and exit points for my trades using a methodology. During my search I came across Warrior Trading…
Now that the year is done it is time to evaluate how my investment for the last year has performed. Even though at the start of the year I wanted to actively invest I only made about 10 trades for the entire year. For about 3/4 of the year I held onto two of the investments I had bought earlier in the year. They were both good picks, however I had only invested about 17% of my money in these…