Time and time again we see good stocks fall victim to the emotional roller coaster ride that is the market. Whether it’s a rumour that may be circulating around a certain company or a surprise earnings miss, often times we will see good, fundamentally strong stocks do bad things as panicked investors run for the exit. From...
I apologize for the title but I couldn’t resist. Valeant Pharmaceuticals International (TSE:VRX) continues to defy broader market complacency. The diversified pharmaceutical company has barely wavered in its price advance since August of 2014. While this trend may be getting a little long in the tooth, the question is whether...
There are few considerations for a strengthening U.S. Dollar which will inevitably push commodity prices lower and the Loonie along with it. Economic issues abroad remain unresolved U.S. Economy remains the “lessor of all evils” Continued divergent monetary policy foster a “race to the bottom” Possible...
Selling or writing options can be a great way to generate cash flow as a compliment to a diversified investment approach. In general, the strategy involves selling a call or a put and getting paid to take on the obligation to either deliver or purchase the underlying shares at the strike price agreed upon. The objective of the...
I was screening some of the headlines in the Globe and Mail this morning and came across an update on Suncor (TSX:SU) and its bid for Canadian Oil Sands (TSX:COS). According to the Calgary Press, Suncor and Canadian Oil Sands have settled on a $6.6 billion deal which includes stock and debt. Interestingly enough, Suncor...
Royal Bank (TSE:RY) announced earnings December 2nd and surprised the street with a resounding beat of the estimates. According to Reuters Canada, the banking giant reported an 11% rise in fourth quarter profit ” …driven by at its personal, commercial banking and capital market businesses” (Thomson Reuters Dec...
Teck Resources Ltd (TSE:TCK.B) is set to report earnings before the market opens on Thursday, October 22nd. This is according to the earnings calendar found on the TMX Money website. This great little resource can be found here. Back on August 1st, Patrick Ceresna built a case for taking advantage of buying shares of TCK.B at...
I was reviewing the most active options widget found on the M-X website and came across Air Canada (TSE:AC). Unusual or increased options activity can indicate the potential for some action in the underlying stock. My next step was to take a look at the news to see if there was any indication as to why there might be an...
I apologize for the title but I couldn’t resist. Valeant Pharmaceuticals International (TSE:VRX) continues to defy broader market complacency. The diversified pharmaceutical company has barely wavered in its price advance since August of 2014. While this trend may be getting a little long in the tooth,...
Canadian bank stocks have been somewhat unfavorable this year. Concerns about the Canadian economy, the impact of low oil prices and the pressure on lending margins from lower interest rates have had many investors questioning just how much more upside can be expected. The chart below is a snap shot of the weekly price action...