Yearly Archives: 2013

no-cover
March 01, 2013
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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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no-cover
February 25, 2013
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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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no-cover
February 20, 2013
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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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no-cover
February 19, 2013
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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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no-cover
February 11, 2013
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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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no-cover
February 07, 2013
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Suncor Got You Down? How About Getting Paid to Wait?

Patrick Ceresna

Wednesday (Feb 6, 2013) Suncor (SU) announced that they were writing off $1.5-billion in its Voyageur oil sands upgrader. For those not familiar with the Oil Sands story, the Voyageur upgrader stood as a key part of Suncor’s growth plans to convert the heavy bitumen oil to the higher priced light crude oil. You can read the...

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no-cover
February 04, 2013
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Are the Markets up for a Dose of Reality?

Richard Croft

As we close in on historic highs in the US financial markets one has to wonder how much of this rally is predicated on robust economic prospects and how much is the result of FED funding? As usual there is an abundance of views ranging from very bullish to outright bearishness. Depends on what you want to focus on! Unemployment...

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no-cover
January 30, 2013
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Should you Sell your Canadian Banks?

Patrick Ceresna

Yesterday I had one of our lifetime members of Learn to Trade Global walk into my office with a printed article from the Globe and Mail discussing the Moody’s downgrade on Canadian Banks. He was very concerned and asked me a good question, should he sell his large position in Scotiabank? In particular, he was concerned about...

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no-cover
January 27, 2013
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The RIM Death Spiral “Redeux”!

Richard Croft

I am sure many of you will remember the blogs I posted last year on Research in Motion (TSX: RIM, Friday’s close $17.61). Too bad really… as I am trying to forget much of what I said! Especially my comments in the July 3, 2012 blog (The RIM Death Spiral!) where I talked about the possibility of the company going the way of...

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no-cover
January 25, 2013
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Is Barrick Gold an Opportunity?

Patrick Ceresna

This morning, in the Financial Post’s Business Insider editorial they featured forecasts on the 14 major commodities and how the will do over the next two years. While many of those commodities were referenced as being in high inventory and excess supply, one commodity stood out. They suggested that gold is still a good...

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