no-cover
June 29, 2015
Other

A Synthetic Long Stock Strategy For Canadian Banks

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...

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4 years ago
no-cover
May 19, 2015
Other

TFSA Contribution Levels Raised

Announced late April, but effective as of January 1st 2015, Canadians are now entitled to contribute $10,000.00 to their Tax Free Savings Account on a yearly basis, up from $5,500.00 last year. As of now, it makes the total contribution limit $41,000.00. According to news sources, the Liberals are on record opposing this...

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4 years ago
no-cover
April 17, 2015
Other

Hedging a Diversified Portfolio

It is an accepted reality among investors that we are living in a global economy. If you take a look at when most of the volatility in the equity markets has occurred, it is generally around a Bank of Canada (BOC), Federal Reserve Open Market Committee (FOMC) or an European Central Bank (ECB) rate announcement and subsequent...

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5 years ago
no-cover
March 13, 2015
Other

TD Bank Long Term Call Management

Back on January 30th, I posted a blog outlining a strategy to limit your risk for a longer term bullish position on TD Bank. For full details please reference What About The Banks? I suggested that with TD shares trading at $51.00, we could purchase call options at the $52.50 strike price expiring in January 2016 for $2.99 per...

670
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5 years ago
no-cover
February 17, 2015
Other

Catching a Falling Knife

Back at the end of January, Richard Croft posed the question “Has Oil Bottomed?“. At the time of publishing, oil was trading at around $46.00 per barrel. In his article, he cites a number of supply and demand and geo-political considerations supporting the potential for range bound trading activity between $40.00...

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5 years ago
no-cover
January 30, 2015
Other

What About The Banks?

Since my colleagues have already discussed Canadian Investors’ favorite topics, oil and gold (see Has Oil Bottomed? By Richard Croft and Is the Divergence in Gold and Opportunity? by Patrick Ceresna), I thought I would take a look at Canadian banks. Canadian banks have no doubt come under pressure, dropping an average of...

720
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5 years ago
no-cover
December 17, 2014
Other

Weekly Options Now Available in Canada

I had the pleasure of presenting at the Toronto Options Education Day back on September 27th, 2014. The topic was “A Guide To Weekly Options”. Even though the contracts had yet to launch the interest was overwhelming and many traders and investors have been patiently waiting to access this new product since then....

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5 years ago
no-cover
November 17, 2014
Other

Options Combinations to Reduce Risk

One of the true benefits of understanding the complexities of the options market is the ability to construct strategies that help meet any number of trading and investment objectives. Often times novice option enthusiasts are intimidated by multi-leg combinations because of the number of “moving parts”. For those of...

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5 years ago
no-cover
October 24, 2014
Other

Cheap Isn’t Always Better

I’ll be traveling to Winnipeg today on behalf of the Exchange to facilitate a workshop for aspiring, active investors. I have had the opportunity to present to this group on several occasions and despite the anticipated cold weather, I know the crowd is always warm, very interactive and hungry to learn. That said, one of...

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5 years ago
no-cover
August 27, 2014
Other

Tax Deferral Using Options

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...

840
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5 years ago