Investing

What did you buy? What might you buy??

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  • May 21st, 2022 5:02 pm
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Deal Fanatic
User avatar
Feb 28, 2006
8431 posts
1864 upvotes
Richmond Hill
last_sd wrote: Interesting. RY and BMO misses and they keeps going up.
RolandCouch wrote: RY up.....after miss on latest estimates ?
Still have good capital ratios I assume even though earnings are down in case there is an economic downturn they can remain liquid.
Deal Addict
Jul 12, 2008
4336 posts
1253 upvotes
GTA
I dumped all the AC I own in my RRSP, I hold thousands more in my non registered account but I don’t want to trigger any capital gains yet.

I think it’s a hold but not too much as it requires patience.
Deal Expert
User avatar
Sep 19, 2004
25233 posts
6920 upvotes
where I belong
US are reversing to the RED

TSX, has some crazy movements still
MAXR weekly $13 to $20
DOO $41 to $53
EIF $20 to $26

SHOP has lost FOMO last 2 days, $1200 -> $1000 so far this week

just to name a few
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Deal Addict
Jul 12, 2008
4336 posts
1253 upvotes
GTA
RolandCouch wrote: RY up.....after miss on latest estimates ?
The bank stocks were way down before earnings so some bad news was already priced in, this might indicate that the market was too negative.
Deal Fanatic
Nov 24, 2013
6241 posts
2987 upvotes
Kingston, ON
jeffyjaixx wrote: Still have good capital ratios I assume even though earnings are down in case there is an economic downturn they can remain liquid.
$1.48B profit, after $2.83B in credit loss provisions. I can't find the link now but I think RY was guiding their full year profit to only be down 10-20%. Speaks to sustainable liquidity without cutting divs.

There's plenty of examples of market being disconnected from reality but I don't think the bank bump is it. Bad news was priced in, and things look less bad than they did before the report.
Deal Fanatic
User avatar
Feb 27, 2015
6034 posts
3941 upvotes
Toronto, ON
Looking At PSK.

anyone into Oil plays have any thoughts?
Deal Addict
Feb 15, 2013
1027 posts
425 upvotes
Toronto
Anyone please advice on MRNA.. planning to add small position but not sure reason for 2 day red..
Deal Addict
Dec 3, 2014
2348 posts
1834 upvotes
Ontario
MtX wrote: Down it all goes.
Except for the stock I sold yesterday, AT&T. I’m not very good at this...
Deal Addict
Jul 12, 2008
4336 posts
1253 upvotes
GTA
Wow TSX and SHOP down quite a bit, the banks and insurance companies are fighting on for now.

Added to SU recently
Deal Addict
Jul 10, 2014
3148 posts
1388 upvotes
Ottawa, ON
djdestroyer wrote: What are the key metrics you're looking at? Just EPS, P/E, D/E, etc. or diving deeper?

I'd also like to grab a bank or two but might just settle with a bank ETF like ZEB. I'm leaning TD or BNS but BMO also looks intriguing.
TD, BNS, BMO all up ~10% since this post... good thing I didn't pull the trigger! Astonished Face
Jr. Member
Dec 26, 2012
105 posts
56 upvotes
Vancouver
Trying to figure out what TD's announcement has in store for tomorrow. So long as it beats the analyst estimate and/or good capital still on hand despite losses, then another bank rally?
Deal Addict
May 12, 2004
2916 posts
396 upvotes
Mississauga
HeresiarchWAC wrote: Trying to figure out what TD's announcement has in store for tomorrow. So long as it beats the analyst estimate and/or good capital still on hand despite losses, then another bank rally?
exactly its like banks are all up almost 7% from start of week but more earnings means more potential to go up
Deal Addict
Jul 10, 2014
3148 posts
1388 upvotes
Ottawa, ON
Haris wrote: exactly its like banks are all up almost 7% from start of week but more earnings means more potential to go up
I doubt they go that much more up. Analysts were a bit short in their predictions and now markets have corrected.
Deal Addict
Feb 28, 2006
3879 posts
455 upvotes
Toronto
markets are irrational. a huge bank meltdown is in the works
...
Sr. Member
Mar 28, 2017
612 posts
486 upvotes
Got 20 shares of shop said I would buy in when it is below 1000. Need to go with my guts now Face With Tears Of Joy although I feel like it's overpriced. Gonna dump it when it's 11xx
Deal Fanatic
User avatar
Feb 27, 2015
6034 posts
3941 upvotes
Toronto, ON
While I want CHR, its good to see that people aren't dumping it when seeing the price of AC.

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