Investing

What did you buy? What might you buy??

  • Last Updated:
  • Sep 21st, 2018 2:56 pm
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Deal Fanatic
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Oct 9, 2008
5250 posts
1718 upvotes
Thornhill
CheapMang wrote:
Jan 15th, 2018 12:24 pm
Don't buy until negative momentum subsides. Wait for it to be in green first before even thinking of buying.
Technically speaking - RSI is currently 19.33 so it's indicating short-term oversold conditions. This doesn't mean that it can't be further oversold but if someone were interested in Cineplex as a longterm investment it's probably safe to start a scaled in position imho.

I'm content with waiting until it breaks down further.
Deal Addict
Feb 9, 2013
1403 posts
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Mississauga
Is google finance down? it is still showing friday market data
Deal Addict
Jul 27, 2017
1534 posts
523 upvotes
GTA
I'd appreciate an honest opinion on my possible choice of two ylo/casino investments for 2018

Should I, shouldn't I, if not, why not - if so, which one?

its either 100 shares SVXY at approx $138US, then option it selling a covered call long to Jan 2019 at $140 strike price, option premium is paying $41.75, with a downside protection to $96.25

https://finance.yahoo.com/quote/SVXY/op ... 1547769600

or buy 100 shares Berkshire Hathaway BRK.B at $210US, just sit on it, wait till it pops 30% then sell it?

https://finance.yahoo.com/quote/BRKB?ltr=1
Last edited by porticoman on Jan 15th, 2018 1:47 pm, edited 1 time in total.
Deal Addict
Jul 30, 2001
2667 posts
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GTA
jdu0ng wrote:
Jan 15th, 2018 1:42 pm
Is google finance down? it is still showing friday market data
If you are looking at US stocks, you do realize that the US markets are closed today?
Deal Addict
Feb 9, 2013
1403 posts
340 upvotes
Mississauga
N8Magic wrote:
Jan 15th, 2018 1:56 pm
If you are looking at US stocks, you do realize that the US markets are closed today?
Oh, didn't notice it was martin Luther day. thanks!
Deal Addict
Dec 23, 2008
1265 posts
69 upvotes
Montreal
Are you guys buying any US stock? I have 10k I need to invest for the wife and frankly I feel the market is ready for a pullback(lol I know right). I'm looking at some Canadian stocks but energy seems lackluster for now and I already have some investments in banks and energy. I was thinking aerospace possibly an airline or defense contractors which I don't have any exposure too at this point.
Member
Feb 4, 2017
434 posts
277 upvotes
Toronto
Mike2000z28 wrote:
Jan 15th, 2018 2:15 pm
Are you guys buying any US stock? I have 10k I need to invest for the wife and frankly I feel the market is ready for a pullback(lol I know right). I'm looking at some Canadian stocks but energy seems lackluster for now and I already have some investments in banks and energy. I was thinking aerospace possibly an airline or defense contractors which I don't have any exposure too at this point.
Of course. I don't attempt to time the market. The US stock market was ready for a pullback last year when it was up 20% from Nov 2016 to Summer 2017... and look what happened. As soon as my TFSA contribution room freed up this year (Jan 2), I bought more and look what happened, US market goes up more.
Deal Addict
Jun 3, 2009
4315 posts
613 upvotes
Montreal
RCI.B is barely down today after the CBC Go Public article. Is the bottom in for Canadian telecoms?
Deal Expert
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Sep 19, 2004
21628 posts
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Waterloo
cn_habs wrote:
Jan 15th, 2018 4:39 pm
RCI.B is barely down today after the CBC Go Public article. Is the bottom in for Canadian telecoms?
Let's hope so. BCE is near 52w low, jokes

Bond is killing dividend plays like telecoms, utilities, etc..

Surging bond yields threaten BCE, Telus, Rogers stock - The Globe and Mail
https://www.theglobeandmail.com/globe-i ... e37600472/
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Mar 30, 2017
267 posts
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seatiger wrote:
Jan 12th, 2018 7:05 pm
Bought pony.to yesterday @2.11
sold all PONY today @2.19, profit 3.3% for 3 trading days
5/11/18: profit YTD -3.50%😥
Deal Addict
Feb 26, 2012
1860 posts
294 upvotes
MISSISSAUGA
Anyone have CGX in sight?

It’s very tempting at 5% yield. But it feels like a trap.
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Jul 27, 2017
1534 posts
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GTA
Mr_Dogg wrote:
Jan 16th, 2018 12:30 am
Anyone have CGX in sight?

It’s very tempting at 5% yield. But it feels like a trap.

some folks were saying it was a good buy at $40, maybe its a better buy at $25, then again what is the upside on CGX?

Based on number of shares, EPS - I would rather go with EIT.UN over CGX

Buy price at its mid range of around $11.50

https://web.tmxmoney.com/quote.php?qm_symbol=eit.un
Deal Fanatic
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Oct 9, 2008
5250 posts
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Thornhill
jerryhung wrote:
Jan 16th, 2018 7:56 am
More ATH for everyone - Asia, US, let's rise 0.5-1% daily in 2018

Dow will break 26K today
30K Dow before end of year? Smiling Face With Open Mouth And Smiling Eyes
Deal Addict
Jul 27, 2017
1534 posts
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Jeenyus1 wrote:
Jan 16th, 2018 8:13 am
30K Dow before end of year? Smiling Face With Open Mouth And Smiling Eyes
I would like to see that, in the meantime the DOW will end today at least approx 50 points lower than its Friday close

The VIX is hedging up

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