Investing

What did you buy? What might you buy??

  • Last Updated:
  • Jan 17th, 2019 5:08 pm
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Deal Addict
Dec 3, 2014
1229 posts
279 upvotes
Ontario
Nibbled a little in the afternoon adding to FTS, CVS, XEF.TO
Penalty Box
Apr 27, 2015
1186 posts
185 upvotes
treva84 wrote:
Feb 12th, 2018 2:55 pm
Also added to: DIS, CVS







Nearly out of money but I think I'm going to move some to buy EMA - perhaps it's herding behaviour; my rationalizing brain agrees that the price is very attractive for a long term hold!
Unfortunately , I'm completely out of money...holding EMA in my wife TFSA account and no room left for this year....
NDP for Unions, PC for people. Only PC can save Ontario.
Deal Addict
Jun 27, 2007
4148 posts
1001 upvotes
sold ES at 2660.
some weakness into the close, but IMO ultimately we bounce higher.
It's easy to grin when your ship comes in and you've got the stock market beat.
But the man worthwhile is the man who can smile when his shorts are too tight in the seat 😃
Sr. Member
Feb 26, 2017
841 posts
428 upvotes
treva84 wrote:
Feb 12th, 2018 3:50 pm
Looking at possible 3 year returns (data from FastGraphs based on current P/OCF, includes dividends)
- FTS - 7-8% annualized (assumes no multiple expansion)
- EMA - ~ 17% annualized (assume multiple expansion to historic norm); ~9% with no multiple expansion
- CU - ~ 18% annualized (assumes no multiple expansion)
- CPX ~ 14% (assumes no multiple expansion).

CPX trades on the cheapest P/OCF (5) compared to the others. Risky but also relatively cheap!
With Fastgraphs, do you think P/OCF or P/E is the best way to evaluate utilities and telecom? I use P/OCF with pipelines but for most other stocks I tend to use P/E.
Sr. Member
User avatar
Jan 28, 2007
583 posts
342 upvotes
Earth for now
Kicking myself today for being too greedy trying to pick up SHOP lower than it went Friday ... and trying to decide if I wanted to add more EMA or not ...
Deal Addict
Jun 27, 2007
4148 posts
1001 upvotes
dlhunter wrote:
Feb 12th, 2018 4:15 pm
some weakness into the close, but IMO ultimately we bounce higher.
My revised SPX targets and play book
1. Minimum 2685-2690 - expecting tomorrow.
2. If 2700 cleared, 2726 next target. If exceeded, 2740-2750 area last strong resistance.
3. If 2750 area cleared, all time high next target

On the downside:
1. Failure to exceed 2726 bounce high would turn market bearish again. Friday's low 2539 would be obvious target.
2. If 2539 fails to hold, 2500 might offer some support. Below that i am looking at 2420-2440 as strong support.

With market gyrations, market participants turned cautious. It definitely damaged short/medium bullish case. Long term we are still in the bull. This will only change if 2200 level broken - not likely in the next 3 months.

Btw, infamous 50 cent VIX trader finally made moneyGrinning Face With Smiling Eyes

link
It's easy to grin when your ship comes in and you've got the stock market beat.
But the man worthwhile is the man who can smile when his shorts are too tight in the seat 😃
Deal Addict
Nov 9, 2013
2606 posts
1343 upvotes
Edmonton, AB
Chance7652 wrote:
Feb 12th, 2018 4:24 pm
With Fastgraphs, do you think P/OCF or P/E is the best way to evaluate utilities and telecom? I use P/OCF with pipelines but for most other stocks I tend to use P/E.
I look at both but for companies with high capex I use cash flows. Dividends come from cash flows as well so it helps me gauge things from that perspective too.
Deal Addict
Aug 17, 2008
1755 posts
910 upvotes
Jeenyus1 wrote:
Feb 1st, 2018 8:31 am
Hong Kong, Feb 1 (Reuters) - Gambling revenue in the Chinese territory of Macau skyrocketed 36 percent in January on strong demand from big whale gamblers, while mom-and-pop mass punters eager to play in the country’s only legal casino hub also drove up business. The world’s biggest casino hub saw revenues hitting 26.3 billion patacas ($3.27 billion) in January, versus 19.3 billion patacas a year ago, data from Macau’s Gaming Inspection and Coordination bureau showed on Thursday. This was far ahead of analysts’ expectations for a 20-28 percent growth.

https://www.reuters.com/article/macau-g ... SENNI1O0S8
-
All casino stocks barely rising on the news. And indices futures' are negative this morning. Doesn't seem like there are anymore buyers left despite improving fundamentals.
"MGM Resorts opens $3.4 bln casino in Macau as revenues boom" https://www.reuters.com/article/mgm-res ... SL4N1PY27S
Deal Fanatic
User avatar
Oct 9, 2008
5278 posts
1769 upvotes
Thornhill
MrMom wrote:
Feb 13th, 2018 8:20 am
"MGM Resorts opens $3.4 bln casino in Macau as revenues boom" https://www.reuters.com/article/mgm-res ... SL4N1PY27S
Should be consecutive gains for quite some time. Fortunately I've sold my WYNN positions for flat as they were remarkably untouched during the VIX spike crash and bought Apple/Google as I thought it was better risk/reward on eventual upturn.

If none of this VIX spike crash happened, I think Wynn would likely be $185 by March's Macu release.
Deal Fanatic
User avatar
Oct 9, 2008
5278 posts
1769 upvotes
Thornhill
Watching Helios and Matheson Analytics Inc(NASDAQ:HMNY) for entry.

Bid for full position @ $5.49 submitted.

Filled @ $5.49 U
Sr. Member
User avatar
Jan 28, 2007
583 posts
342 upvotes
Earth for now
EMA is starting to feel like a falling knife ...

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