Yearly Archives: 2013

no-cover
February 07, 2013
Other

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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7 years ago
no-cover
February 04, 2013
Other

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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7 years ago
no-cover
January 30, 2013
Other

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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7 years ago
no-cover
January 27, 2013
Other

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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7 years ago
no-cover
January 25, 2013
Other

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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7 years ago
no-cover
January 21, 2013
Other

Timing A Straddle

Richard Croft

Last week I talked about the outlook for the markets in 2013. Specifically that we will likely see long periods trading within an ever narrowing channel punctuated by short bursts of volatility where markets move sharply before settling in a new trading range. Mind you that is typical market maneuvering in most years although I...

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7 years ago
no-cover
January 14, 2013
Other

Cream and Sugar Please!

Richard Croft

Back in February 2012 I talked about a covered call on Tim Hortons Inc. (TSX: THI, Friday’s close $48.65). I don’t talk a lot about this company because THI options are not that liquid so when positions are established you will likely have to maintain the position through expiry. In fact that is exactly what happened...

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7 years ago
no-cover
January 07, 2013
Other

Investment Strategies for a Dysfunctional Government

Richard Croft

There is an old saw on Wall Street known as the January barometer. The theory being that a strong stock market in January portends a rising market for the year. But like most theories actual results are hardly definitive! What we do know is that equity markets throughout 2013 will be influenced by government actions or lack...

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7 years ago