Canadian Financial Markets Investments and Stock Trading Thread - Page 4

yaletown_fella · #61 Posted **Jul 8, 2016, 10:18 PM**

While my base is comprised of moderate risk mutual funds and index and bank etfs, I'm thinking of investing the dividends in options on SPDR gold etfs. The leverage is very enticing.

caltrane74 · #62 Posted **Jul 27, 2016, 6:13 PM**

Closing out my DWTI trade today. 7.5k profit in a month and a half.

Oil just keeps on sinking. Not gonna push my luck though.

caltrane74 · #63 Posted **Aug 1, 2016, 9:33 PM**

My buddy is holding DWTI until it hits 150 - if I had held over the last week I would have made an additional $2k.

I'm chicken..

Everytime oil rises he buys the dip and then it tanks again.

caltrane74 · #64 Posted **Aug 24, 2016, 9:21 PM**

Anyone else notice a nice little jump in their financial stocks over the past week? I've made a couple thousand dollars. Actually, I'm trying to buy more shares in dividend paying stocks but they keep going up, so I'm just accumulating cash waiting for a bit of a crash to buy in.

caltrane74 · #65 Posted **Aug 30, 2016, 9:39 PM**

Bank stocks keep going up and up, I don't see any news, just watching my investments.

Oil steady at around 47....

kool maudit · #66 Posted **Aug 31, 2016, 7:55 AM**

Those leveraged ETFs are fun to day trade but I honestly prefer just going way out on margin and buying the monthly contract directly for a sort of cowboy play.

Last week was good fun in the October WTI one.

caltrane74 · #67 Posted **Aug 31, 2016, 2:46 PM**

Quote:

Originally Posted by kool maudit

Those leveraged ETFs are fun to day trade but I honestly prefer just going way out on margin and buying the monthly contract directly for a sort of cowboy play.

Last week was good fun in the October WTI one.

I'm small time your big time, I'm just starting out in this. If you have any good tips can you post so I can evaluate and also make some money.

My buddy is mentoring me, he could play those contracts too I guess, but he makes a nice profit with the ETF's. He is so rich and he keeps almost all his money in cash, but does day trade the ETF's when he wants to buy some expensive clothes or something.

caltrane74 · #68 Posted **Sep 29, 2016, 2:41 PM**

My stocks have run up recently, OPEC is cutting production, and I am basically sitting in cash.

Anyone got any ideas... I don't think I see long term upside for oil.

Yaletown, will get back to you in a second. Running some errands.

urbandreamer · #69 Posted **Sep 30, 2016, 4:21 PM**

caltrane74 · #70 Posted **Oct 27, 2016, 2:30 PM**

Urbandreamer, I hope you don't get burned on that stock. I don't invest in things I don't understand. I only invest in companies that generate huge cash and payout a portion. So that's not something I would buy and hold on to in particular.

As for myself, I'm slowly accumulating shares in banks/insurance companies/real estate companies...just a little my portfolio is up about 10 - 15% for the year. I've also been purchasing mutual funds, I own a few now mostly dividend funds. Best news is my gf parents sold their house in High Park gave a good chunk of the cash to her, so she's gonna open a brokerage account and buy some financial related stocks that pay dividends. I spoke about this with another forumer here, parents actually doubled up on the cash they gave her. So you can imagine.

caltrane74 · #71 Posted **Oct 27, 2016, 2:41 PM**

Talon Development has defaulted....

JCF Capital ULC, a closely held firm, recently bought the construction loan on the 65-story hotel and condominium building, and claims developer Talon International Inc. and related companies defaulted on making payments since last year. JCF Capital is seeking a court-supervised sales process for the property to recoup the outstanding $301 million on the debt, according to court filings made Tuesday under Canada’s bankruptcy and insolvency act.

urbandreamer · #72 Posted **Oct 27, 2016, 4:23 PM**

CALA bounced then crashed ha.

I posted it for a friend who is into pharmas ... wanted to teach him a lesson.

I think Canadian bank stocks, insurance and real estate companies are due for a correction.

I'm currently sitting on 100% cash.

caltrane74 · #73 Posted **Oct 27, 2016, 6:04 PM**

I only have 10% of my wealth in stocks. I'm sitting on massive amounts of cash. Like truly massive.

I'm waiting for a correction in financial stocks, for a big 100k plus gain coming down. Still hasn't happened yet, but I'm patient.

caltrane74 · #74 Posted **Nov 9, 2016, 8:01 AM**

No brainer today: SHORT

Shorting financials, go long on gold/gold ETF's.

Like BREIXT at least 3 days of selling.

caltrane74 · #75 Posted **Nov 10, 2016, 12:48 AM**

I woke up this morning all ready to short a sinking market, buy cash generating stocks for a steal, but nothing happened.

However, Trump is a fckn-clown only a matter of time before he implodes the US Economy..

Still going long on gold, Trump is vowing Executive Interference with The Fed and massive tax cuts for the rich....only a matter of time.

urbandreamer · #76 Posted **Nov 11, 2016, 12:39 PM**

cala is almost in the green--$3.00 HOD.

The market has suddenly spiked upwards so it won't take much to suddenly spike downwards. Reality setting in--riots in Portland might do it....

caltrane74 · #77 Posted **Nov 11, 2016, 1:32 PM**

Insurance companies taking off big time. I want to buy more shares but they spiked over 10% yesterday. I'll just buy a small amount of Manulife and Sunlife and hope they fall some so I can buy some more later. Looks like we will have an inflation problem with Trump in the whitehouse so I will still be going long on gold and accumulating insurers as they profit from higher yields generated on customer premiums.

urbandreamer · #78 Posted **Nov 11, 2016, 3:15 PM**

CALA HOD $3.15 so basically you didn't lose money on that first chart I posted if you did indeed buy and hold. If you bought in the low $2 ... congratulations.

I could see gold going much lower to be honest.

Nicko999 · #79 Posted **Nov 11, 2016, 7:50 PM**

Quote:

Originally Posted by caltrane74

I woke up this morning all ready to short a sinking market, buy cash generating stocks for a steal, but nothing happened.

However, Trump is a fckn-clown only a matter of time before he implodes the US Economy..

Still going long on gold, Trump is vowing Executive Interference with The Fed and massive tax cuts for the rich....only a matter of time.

Don't be so sure. I definitely wouldn't bet on it.

caltrane74 · #80 Posted **Nov 11, 2016, 9:59 PM**

Republicans always crash the economy : Reagan - black Monday, Bush - trickledown economics and early 90's recession and bush 2 - Financial Crisis and housing market collapse. Trump wants to build massive trade barriers, increase military spending, roll back Healthcare reforms and give the wealthy tax cuts - might be a recipe for success but we'll see.

Seems to be already walking back some of his election promises.

Side note: I did end up buying Manulife shares today , let's see what happens.