Yearly Archives: 2014

no-cover
August 27, 2014
Other

Tax Deferral Using Options

Jason Ayres

First of all, let me preface this post with the disclosure that I am not an accountant, and it is always best to consult with one before making any investment related decisions pertaining to taxation. That said, many Canadian investors have been benefiting from a healthy bull market with nothing more than the odd hiccup in the...

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5 years ago
no-cover
August 01, 2014
Other

Can the Canadian Bull Market Continue?

Patrick Ceresna

The S&P/TSX60 closed at 890.00 the other day. The market is now just 10 points away from the 900 level, which also corresponds with the 2008 all-time high prior to the great bear market that wiped out 50% of the value of the index. This leaves many investors asking the question: will the S&P/TSX60 be able to make...

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5 years ago
no-cover
July 22, 2014
Other

This One’s For The Blackberry Bulls

Jason Ayres

Few Canadian stocks have garnered as much attention as Blackberry LTD (TSE:BB). In fact, it has been the topic of a few of my postings over the last year or so. Why, you may ask? Well, option traders love volatility. By that I mean price action, and fewer Canadian stocks deliver as much action as Blackberry. With a historic...

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5 years ago
no-cover
June 30, 2014
Other

Why I am Dumping my Magna Shares

Patrick Ceresna

Ok, I have to admit I used the word “dumping” to get your attention. This is not a bear rant on a good company but rather a strategic maneuver to create a favorable risk/reward proposition. In fact, what I will demonstrate is my rationale for replacing the stock with call options. Here are some facts about the stock: Magna...

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5 years ago
no-cover
June 13, 2014
Other

Asymmetric Returns with a Directional Condor

Jason Ayres

The objective of any trader or investor is to achieve the greatest return for the least amount of risk. This is what you hear hedge fund and money managers referring to as “asymmetric returns”. One of the benefits of using options to participate in a directional view is the limited risk exposure of the purchased...

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no-cover
June 03, 2014
Other

Re-visitng Past Blogs

Richard Croft

In this Blog I occasionally follow up on previous recommendations. Taking some credit where due and blame when trades are not so successful. The idea is to engage in self-examination with the hope that it will make us better traders. I began 2014 with the Blog “New Year Optimism” where I talked about the possibility that...

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5 years ago
no-cover
May 30, 2014
Other

Insurance for your Insurance Stocks

Patrick Ceresna

For any keen market observer, it is hard to have missed the relative under-performance of the Canadian insurance stocks vs. the Canadian bank stocks. This divergence comes to a surprise to many investors that felt the stocks would rise together in the pronounced bull market. So what could be some of the underlying precipitating...

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5 years ago
no-cover
May 20, 2014
Other

Tim Hortons – Value or Growth?

Richard Croft

The Company is a Canadian icon. Like Canadian Tire, Hudson’s Bay and even the Timothy Eaton Company once Canada’s premier department store. Despite the familiarity of these brands in Canada there has been little evidence that Canadian brands carry any weight south of the 49th parallel. Canadian Tire being a case in point....

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5 years ago
no-cover
May 20, 2014
Other

European Central Bank QE and the U.S. Dollar

Jason Ayres

Last Thursday Mario Draghi confirmed the suspicions of many…that the European Central Bank was preparing a Quantitative Easing type policy package for its next meeting scheduled for June. Considerations will include cuts in interest rates and other measures with a focus on stimulating lending to small and medium size...

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5 years ago
no-cover
April 30, 2014
Other

Defining Risk in the Energy Stocks

Patrick Ceresna

The Canadian energy sector began 2014 with a bullish advance that has seen many of the stocks rise 20+%. Clearly there is a bullish buzz unlocking the low valuations we have seen on these stocks over the last few years. The big question…is this sustainable? The Bull Argument: 1. Attractive valuations 2. Attractive dividends...

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5 years ago