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What did you buy? What might you buy??

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  • Feb 23rd, 2018 3:27 pm
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Oct 9, 2008
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FlyOverMyDoodle wrote:
Feb 13th, 2018 11:54 am
Hey Jeenyus, if you were doing a dividend investing approach would you still avoid resources? Is your stance on fortis, emera and canadian utilities all the same? Would you group enbridge with this as well?
DRIP + long-term is the only approach I would ever consider in CAN utilities and or LNG (more so utilities than LNG) but I do not invest in the stock market for my principal long-term investments. I weigh more of my investment equity in real estate personally.

If you're DRIP oriented and an actual long-term investor you will make money through utilities simply through compound interest and inflation. Long-term investors only on paper will not. For the most part, retail long-term investors are only long-term until they get punched in the mouth.

--

Some more food for thought, as of 2 hours ago - large diameter welded pipe Canadian exports to USA have just risen...

"If the government makes a preliminary finding by March 5 that dumping or unfair subsidies are taking place it will begin collecting cash deposits from U.S. companies importing the pipe, the department said.

The probe covers welded carbon and alloy steel pipe larger than 16 inches (406.4 mm) in diameter. The pipe is generally used to transport oil, natural gas, slurry and steam and for piling, the department said.

The U.S. investigations, part of the 94 cases President Donald Trump’s administration has opened since taking office, are aimed at protecting U.S. manufacturers in global markets, Commerce Secretary Wilbur Ross said in a statement.

The Commerce Department estimated that in 2016 imports of large-diameter welded pipe from Canada had a value of $66 million, China $139 million, India $26 million, Greece $70 million, Korea $150.3 million, and Turkey $116.1 million."

https://www.reuters.com/article/usa-tra ... SL2N1Q30KN

--

Wilbur Ross/Rex Tillerson and new FED chair Powell were handpicked by this party and they are exceptional at what they've been elected to do. Who do we have in our Canadian caucuses?
Last edited by Jeenyus1 on Feb 13th, 2018 12:25 pm, edited 1 time in total.
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May 25, 2008
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Mississauga
Jeenyus1 wrote:
Feb 13th, 2018 12:22 pm
He's given more or exactly what his supporters expected from him. A quick checklist of his election promises and key elements of what I've been centered around:

1.) Build a wall along the southern border and make Mexico 'pay' for it - this is in progress and will likely happen imho, In exchange for Democrat's support on this, Republicans will give them DACA extension. Wilbur and crew will carry on with NAFTA negotiations after Mexico's general election on July 1st, 2018. They'll win some concessions in NAFTA negotiations from Mexico and will market this $ as going towards the wall.

2.) WASP narrative is no longer secondary to progressive narrative.

3.) Regulations elmination/Military spending - regulations across all major industries have been slashed especially banking while military spending has been increasing since last administration.

4.) America first - upper middle class and 1% have benefited immediately since his inauguration as they've seen the lion's share of trickle down economic gains - through gains in stock ownership (up until recent correction) .

5.) Tax reform - corporate tax rate drastically lowered from 35% to 21%. Individual tax rates were lowered as well for the highest individual brackets but this is moot as those in high tax brackets usually defer all/most taxes anyhow.

What else do the Republicans possibly need to secure more election donations for an almost guaranteed secured next term?
Yes, I was curious because I have the same perspective. I believe he will win again, based on pretty much all the points in your response.
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Jeenyus1 wrote:
Feb 13th, 2018 12:25 pm

Some more food for thought, as of 2 hours ago - large diameter welded pipe Canadian exports to USA have just risen...

"If the government makes a preliminary finding by March 5 that dumping or unfair subsidies are taking place it will begin collecting cash deposits from U.S. companies importing the pipe, the department said.

The probe covers welded carbon and alloy steel pipe larger than 16 inches (406.4 mm) in diameter. The pipe is generally used to transport oil, natural gas, slurry and steam and for piling, the department said.

The U.S. investigations, part of the 94 cases President Donald Trump’s administration has opened since taking office, are aimed at protecting U.S. manufacturers in global markets, Commerce Secretary Wilbur Ross said in a statement.

The Commerce Department estimated that in 2016 imports of large-diameter welded pipe from Canada had a value of $66 million, China $139 million, India $26 million, Greece $70 million, Korea $150.3 million, and Turkey $116.1 million."

https://www.reuters.com/article/usa-tra ... SL2N1Q30KN

--

Wilbur Ross/Rex Tillerson and new FED chair Powell were handpicked by this party and they are exceptional at what they've been elected to do. Who do we have in our Canadian caucuses?
FYI for those interested - Trumps' 2 nominees to join US ITC: Dennis M. Devaney and Randolph J. Stayin for Commissioners on the United States International Trade Commission are to be voted in. Not sure of when the senate will vote on this.

The ITC is currently operating with only four out of six Commissioners due to two members leaving - 2 Democratic nominees and 2 Republican nominees... If Devaney/Stayin are approved to the Commission, that will bring it to 4 Republican commission members and only 2 Democratic commission members...

This will likely get worse for Canadian dumping allegations/regulations rather than better imo.
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Jan 15, 2015
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Jeenyus1 wrote:
Feb 13th, 2018 9:32 am
Watching Helios and Matheson Analytics Inc(NASDAQ:HMNY) for entry.

Bid for full position @ $5.49 submitted.

Filled @ $5.49 U
1/2 position in: HMNY @ $5.41, EMA @ $39.97

HMNY popped up on my alerts in bed this morning Smiling Face With Open Mouth And Smiling Eyes. Thanks jeenyus1 for your previous comments re HMNY and MoviePass.
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rapashoo wrote:
Feb 14th, 2018 8:41 am
CPI's out guys. 0.5% (Jan MoM) vs. 0.3% expected
FED's target rate probability for March 21st of 150-175bps slightly higher today on the release from 76.1% (yesterday) to 77.5% (today).
Last edited by Jeenyus1 on Feb 14th, 2018 8:48 am, edited 1 time in total.
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Feb 4, 2015
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Canada, Eh!!
Futures went from triple digit +ve to triple digit -ve after hotter cpi
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Jeenyus1 wrote:
Feb 14th, 2018 8:48 am
FED's target rate probability for March 21st of 150-175bps slightly higher today on the release from 76.1% (yesterday) to 77.5% (today).
Just slightly higher? hm not as bad as I thought it would be... expected higher than 80% prob.
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jerryhung wrote:
Feb 13th, 2018 4:16 pm
WOW, what's with unloved names beating ER lately? :P
after ER. SNAP +40%, TWTR +30%, now FOSL +8% today +50% after-hours

I hope one day HMNY will +50% then, LOL
Dead cat's bounce? I was thinking of getting TWTR, back when it was $15, because of Trump.
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Canada, Eh!!
georvu wrote:
Feb 14th, 2018 8:50 am
Futures went from triple digit +ve to triple digit -ve after hotter cpi
Now less -ve

Looks like a another tug of war as mkt digests cpi data and decides ramifications.

In whole scheme of things interest rates still historically low... buy quality companies and no need to look at mkt every minute BUT definitely visit RFD regularly!! :)
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Jun 27, 2007
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I am buying this dip. Hoping for small move down to 2630-2635

stop under spike down - 2627.

VIX cash 23.5
VIX futes 20 (mar)

Seems no panic = buyable dip

edit: market opened 2644, and sprinted to 50. Internals are bearish, but yet the price action looks bullish. Not buying anything and waiting for clear picture.

edit2: double digit gap is hard to close right away, almost impossible. And yet we are ONLY down -6
Last edited by dlhunter on Feb 14th, 2018 9:22 am, edited 2 times in total.
After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
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jerryhung wrote:
Feb 13th, 2018 4:16 pm

I hope one day HMNY will +50% then, LOL
Be careful on HMNY for those that have bought recently since the latest dilution, I will post when I sell but this is a 'hit n' run' trade for me. Naturally, this doesn't mean I'll sell at the best or right time but I am mainly watching AMC Entertainment more so than the stockprice or subscription #'s going forward to see if HMNY's recent extortion hits AMC's already terrible bottom line to turn them into a forced participant. I'm also interested to see the updated latest short interest to place a 'dropdead date'.

Though it has amazing long-term potential down the road it's business model until IPO or full institutional support relies on dilution to support it's cashburn. Don't fall in love with this stock.
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Feb 26, 2017
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NYSE:OHI is down about 6%. Bad quarter where they revised guidance down and froze their dividend. Kinda risky at this point but it has a 10.4% yield%...

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