Other

no-cover
September 23, 2015
Other

Is Air Canada Stock About To Take Flight?

Jason Ayres

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...

1144
0
Like
4 years ago
no-cover
September 02, 2015
Other

Have We Seen the Market Bottom?

Patrick Ceresna

The last two weeks have seen material volatility as we had a serious market decline and substantial rebound in stocks. Much of the blame has been pointed toward China, but there is no denying the material declines in all global markets. The VIXC, which is the Canadian measure of implied volatility on the Canadian markets spiked...

988
0
Like
4 years ago
no-cover
September 02, 2015
Other

Seeking Income

Richard Croft

Individuals invest for many reasons. Investing being the key word in that sentence. Investing is about making medium to long term commitments with a specific goal in mind. And it is more than simply saying I want to make money! In fact setting an objective can be the hardest decision individuals make. I should know I have spent...

988
0
Like
4 years ago
no-cover
September 01, 2015
Other

Oil Woes

Richard Croft

Despite the noise surrounding the recent price action in oil, nothing much has changed. Note our blog published January 23, 2015 (Has Oil Bottomed?) I posited that oil would likely remain in a trading range between US $40 and US $60 per barrel for 2015. So far that is exactly as it has played out. Make no mistake this is a...

971
0
Like
4 years ago
no-cover
August 01, 2015
Other

Managing a Collared Position

Richard Croft

Managing a Collared Position DEFINITION OF ‘COLLAR’ 1. The purchase of an out-of-the money put option is what protects the underlying shares from a large downward move and locks in the profit. The price paid to buy the puts is lowered by amount of premium that is collect by selling the out of the money call. The...

873
0
Like
4 years ago
no-cover
August 01, 2015
Other

Interested in a potential 50% Return on Teck Resources?

Patrick Ceresna

Before we get into the juicy numbers of the options trade, it is important to put some perspective on Teck Resources and where it is at. Teck Resources is one of Canada’s premier basic material stocks. The company has global operations in copper, coal, zinc, lead, molybdenum, gold, silver and various chemicals/fertilizers....

775
0
Like
4 years ago
no-cover
July 27, 2015
Other

CANADA – Recession Worries!

Richard Croft

Probably the most noteworthy event in the first half of 2015 was the surprise rate cut issued by the Bank of Canada (BoC) in the first quarter. It was designed to provide “insurance against a downturn” in light of the sharp decline in oil prices. The BoC was right to be concerned. Unfortunately policymakers underestimated...

755
0
Like
4 years ago
no-cover
July 16, 2015
Other

Capitalizing on a Valeant Effort in a Mundane Market

Jason Ayres

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,...

796
0
Like
4 years ago
no-cover
July 09, 2015
Other

The Time Horizon Chasm

Richard Croft

For the first half of 2015 global financial markets have been obsessed with short term noise. We have witnessed a succession of exacerbated reactions to on again off again negotiations with Greece, waste of time debates on the timing of a Fed rate hike or endless dissections of monthly jobs data where 20% revisions are more the...

881
0
Like
4 years ago
no-cover
June 29, 2015
Other

A Synthetic Long Stock Strategy For Canadian Banks

Jason Ayres

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...

863
0
Like
4 years ago