Investing

What did you buy? What might you buy??

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  • Jan 20th, 2019 12:16 am
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Deal Addict
Aug 17, 2008
1765 posts
918 upvotes
Jeenyus1 wrote:
Jan 12th, 2018 9:37 am
RBC increased its posted five-year fixed rate by 15 basis points to 5.14 per cent ahead of the Bank of Canada’s interest rate decision next week.

https://www.bnn.ca/rbc-hikes-mortgage-r ... n-1.966188

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CAD currently at 0.799080USD and looks to have climbed up to where it was almost before NAFTA news.
Mtg rates are determined by the spread between what a bank can fund at vs loan at. The typical Cdn mtg is a 5 yr term, so the benchmark reference is the 5Y Cda bond yield. If that spread is too narrow, mtg rates go up. That's it in simple terms. RY may have ulterior reasons for raising their posted rate and in practice for a mortgage or funding book, it's more complicated, but good enough for this thread. 5Y Cda yield chart, https://invst.ly/6bsk2 No time to superimpose "posted mtg rates." I'll leave that to you.

Also see - http://forums.redflagdeals.com/5-year-f ... #p28556569
Deal Addict
Feb 4, 2015
3925 posts
1045 upvotes
Canada, Eh!!
FB on sale or look for better price/sale after earnings??
Deal Fanatic
User avatar
Oct 9, 2008
5279 posts
1770 upvotes
Thornhill
Watching AFLAC Incorporated (NYSE:AFL).

Bought 100 shares of AFLAC Incorporated(NYSE:AFL) @ $86.34 U

Claims smell like BS.
Member
Jun 28, 2016
282 posts
150 upvotes
Bought Extendicare at 8.92. Looking to buy EMA and BCE if they drop a bit more (I want BCE below $58 and EMA below $45). A lot of interest rate sensitive stocks are starting to look interesting to me.
Sr. Member
Feb 26, 2017
845 posts
434 upvotes
It looks to me like the sell off of utilities is overdone (YTD FTS -5.7%, CU -3.3%, EMA -2.7%, AQN -6.5%).

I know these are bond proxies so raising rates make them less attractive vs bonds. I'm already overweight in the sector but I'm considering starting a position in FTS or buying more AQN. Am I underestimating the effect of raising rates on these companies?
Jr. Member
Nov 30, 2015
165 posts
30 upvotes
Toronto, ON
Jeenyus1 wrote:
Jan 12th, 2018 10:14 am
Watching AFLAC Incorporated (NYSE:AFL).

Bought 100 shares of AFLAC Incorporated(NYSE:AFL) @ $86.34 U

Claims smell like BS.
Assume this is a short term play? What do you think of the price for a long term hold?
Deal Fanatic
User avatar
Oct 9, 2008
5279 posts
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Thornhill
socialmindset wrote:
Jan 12th, 2018 12:05 pm
Assume this is a short term play? What do you think of the price for a long term hold?
I have to wait a few days until technical event algo updates before I can start handicapping. For longterm technical event (more than 9months) the event was on May,31 2016 @ close price of $69.46 when the event was triggered- Long Term KST (bullish technical event)

Right now the support is at $83.94 based on 100 bar.

12 month target price from Research Report from S&P Global on Jan 6th was listed @ $87.00. As of close on Jan 5th stock price was $89.73 so they thought Aflac was slightly overvalued at the time.

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Don't take this point into considerationbut the article that broke the news was from The Intercept on January 11 2018, 4:02 p.m by David Dayen, He has a history of attacking establishments and is heavy on criticizing.

https://theintercept.com/2018/01/11/afl ... ssociates/

http://daviddayen.tumblr.com/

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I found the specific lawsuit docket- https://www.pacermonitor.com/public/cas ... _v_HUBBARD#

Basically. the co-counsel of those who filed the lawsuit against Aflac fed information to David Dayen to publish this article because on Thursday, January 04, 2018 JUDGMENT was entered dismissing this case. (glg)


Thursday, January 11, 2018
MOTION for Reconsideration re Notice of Deficiency, by ANIBAL ALCANTARA, MARTIN CONROY, DEBBIE CORT, TROY HUBBARD, MARCUS JOHNSON, JULIO LEATY, GARARD MCCARTHY filed by DIMITRY JOFFE.(JOFFE, DIMITRY)
Deal Addict
Jun 3, 2009
4502 posts
693 upvotes
Montreal
georvu wrote:
Jan 12th, 2018 9:58 am
FB on sale or look for better price/sale after earnings??
I added a bit today but won't hesitate to buy the post-ER dip if there was one.
Deal Addict
Feb 4, 2015
3925 posts
1045 upvotes
Canada, Eh!!
cn_habs wrote:
Jan 12th, 2018 1:13 pm
I added a bit today but won't hesitate to buy the post-ER dip if there was one.
Added to a calls previously bought as 1/2 price sale now!! :rolleyes:
Sr. Member
Feb 26, 2017
845 posts
434 upvotes
I'm interested in FB as well. I might actually buy it in my TFSA if TD picks up the phone to let me journal some shares...
Deal Fanatic
User avatar
Oct 9, 2008
5279 posts
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Thornhill
Can't believe gold has runup so high. Have to book the loss likely.

Sell on Stop entered @ $21.40 exp. end of day.

Filled @ $21.39 US
Deal Expert
User avatar
Sep 19, 2004
21983 posts
4034 upvotes
Waterloo
Market melt-up, no other explaination

US Airlines ATH despite oil at 3-year high, okay
Oil rig count UP today, oil still record high, okay
AMZN really hasn't gone RED in 2018, and is +12% YTD already, okay
and GOLD is also up

Nothing is down, besides Weed stocks (today) I guess
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Member
Jun 28, 2016
282 posts
150 upvotes
jerryhung wrote:
Jan 12th, 2018 2:51 pm
Market melt-up, no other explaination

US Airlines ATH despite oil at 3-year high, okay
Oil rig count UP today, oil still record high, okay
AMZN really hasn't gone RED in 2018, and is +12% YTD already, okay
and GOLD is also up

Nothing is down, besides Weed stocks (today) I guess
Utilities and REITs are also down. Also many financials are mildly down. The market's being a bit ridiculous lately, but there are still opportunities in some pockets.
Deal Addict
Jun 3, 2009
4502 posts
693 upvotes
Montreal
Reports say DE Shaw took activist position in LOW.

I am long but it smells very fishy.

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