Yearly Archives: 2013

no-cover
March 18, 2013
Other

Investors Fret over SNC–Lavalin

Patrick Ceresna

SNC-Lavalin has once again made headlines as scandals with the Montreal’s new megahospital remain unresolved. The news certainly has contributed to SNC-Lavalin’s recent price weakness. Investors fear that if the plot to rig the megahospital contract in SNC’s favor is true, the company would face penalties and material...

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7 years ago
no-cover
March 18, 2013
Other

Understanding why a Trade was initiated?

Richard Croft

Investors implement various options strategies for very different reasons. For example, buying a put to protect a stock position is very different from buying calls that profit when the underlying security is rising. Despite the fact that both strategies share the same risk reward characteristics! In this example, the puts are...

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7 years ago
no-cover
March 10, 2013
Other

Straddle Follow Up

Richard Croft

Last week I talked about using XIU straddles and short-term bonds as an alternative approach to medium and long-term fixed income securities. I was speaking about the use of straddles as a hedging mechanism that might provide the same level of protection normally associated with fixed income assets. And I posited that the...

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7 years ago
no-cover
March 08, 2013
Other

Catching Falling Knives

Patrick Ceresna

No sector has experienced more pessimism over the last year than the gold mining sector. This has left intelligent investors feeling like deer in headlights. Gold bulls will sight countless reasons as to why gold should be at $2,500 and why gold mining companies should be flourishing. Yet central banks around the world continue...

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7 years ago
no-cover
March 04, 2013
Other

A New Approach to Crisis Insurance

Richard Croft

Invest ‘til May then go away ‘til labor day! That’s a seasonal strategy that has a large following among professional investors. It may be nothing more than advisors taking a break over the summer months making it more difficult for the market to move higher without enthusiastic buyers. Or if may simply be an old wives...

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7 years ago
no-cover
March 01, 2013
Other

Royal Opportunity

Patrick Ceresna

Investors that have been heavily invested in Canadian banks have not been disappointed. Recently Royal Bank (TSX: RY) announced stellar earnings of more than $2 billion dollars. This was surprising to some skeptics as there are clear economic statistics suggesting a slowing in real estate and the Canadian economy as a whole....

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7 years ago
no-cover
February 25, 2013
Other

Will Canadian Banks Strengthen? Depends!

Richard Croft

Equity markets experienced more of the same last week. Treading water in a relatively narrow trading range punctuated by periods of sharp sell-offs driven by heated political rhetoric or Central Bank pronouncements that catch the market by surprise. Last weeks’ hiccup came when minutes from the US Federal Reserve Open Market...

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7 years ago
no-cover
February 20, 2013
Other

What to do about BlackBerry?

Patrick Ceresna

First off it was a pleasure me meet with many of you at the Toronto Options Education Day this past Saturday. I spoke on the topic of Options as a Portfolio Management Tool. The video will be available in March on the www.m-x.tv Montreal Exchange educational site. After speaking, I was approached by a number of attendees all...

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7 years ago
no-cover
February 19, 2013
Other

The Bull Bear Debate Rages!

Richard Croft

Lloyd Blankfein CEO and Chairman of Goldman Sachs believes we are on the cusp of a major bull market. Citing in a CNBC interview low interest rates, a “terrific” energy situation which can drive manufacturing and create jobs, and an ongoing turnaround in housing as reasons to be bullish! Pervasive negative sentiment among...

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7 years ago
no-cover
February 11, 2013
Other

Option Strategy Bands

Richard Croft

This Saturday is the first Option Education Day (OED) of 2013. The OED offers attendees an opportunity to learn basic and advanced strategies from option experts. Not to mention a great lunch, morning and afternoon snacks and an opportunity to meet with sponsors and test drive some excellent options trading platforms. I have...

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7 years ago