BCE

[angrymime666]

As predicted BCE rose to 56.03, both BCE and CPX are showing signs of slowing.



Question : Do you guys that own BCE, CPX, TOU and ENB buy and hold or do you trade it?

I hold long term and will ride dividends for the next 20 years in the cash account. I sold some bce at highs in my tfsa. Last sell at 65. Cpx and bce in cash account.

I would like to buy more bce and cpx but I'm already heavy in utilities and the telco. Not sure if I am going to buy more. I'm leaning more towards TD at $77.

 

[Ceiling Cat]

I prefer to shadow a stock and buy low and sell high. Hit and run. As I have demonstrated, I can know the daily direction of a stock. Know the high and the low so I can pounce like a cat. BCE, CPX, TOU and ENB are very safe predictable stocks, I prefer faster stocks with larger yields. Buy and hold makes me crazy with the ups and downs, I just want the ups.

TD @$81.17 will make a move higher from here.
BMO, RY, LB, and NA has already started to make its move higher
CWB, BNS has not gone higher, but I expect these two will follow the bank stocks and go higher

 

[angrymime666]

I prefer to shadow a stock and buy low and sell high. Hit and run. As I have demonstrated, I can know the daily direction of a stock. Know the high and the low so I can pounce like a cat. BCE, CPX, TOU and ENB are very safe predictable stocks, I prefer faster stocks with larger yields. Buy and hold makes me crazy with the ups and downs, I just want the ups.

TD @$81.17 will make a move higher from here.
BMO, RY, LB, and NA has already started to make its move higher
CWB, BNS has not gone higher, but I expect these two will follow the bank stocks and go higher

With all your trading you must pay a considerable amount of gains. Then again, you can offset with losses.

I haven't taken that step and unsure if I ever would. Seems like a lot of work keeping track of the taxation side of it.

I would buy bns,; but I have a larger position with them, then TD.

 

[jeff2]

With all your trading you must pay a considerable amount of gains. Then again, you can offset with losses.

I haven't taken that step and unsure if I ever would. Seems like a lot of work keeping track of the taxation side of it.

I would buy bns,; but I have a larger position with them, then TD.

I have some BNS also.
Always hard to know what is going to happen.
This article seems useful about the overall market:

Knowledge may be 'moonshine,' but there are ways for investors not to be fooled

Predicting what markets will do over the next 12 months has not produced good results. Find out more.

financialpost.com

 

[Ceiling Cat]

I would like to buy more bce and cpx but I'm already heavy in utilities and the telco. Not sure if I am going to buy more. I'm leaning more towards TD at $77.

If you can, buy more to trade and not buy and hold.

With all your trading you must pay a considerable amount of gains. Then again, you can offset with losses.

I haven't taken that step and unsure if I ever would. Seems like a lot of work keeping track of the taxation side of it.

I would buy bns,; but I have a larger position with them, then TD.

Never complain about having too many gains. If you are right more often than you are wrong you are way ahead. I prefer trading to buy and hold, I find it much more profitable. To keep track of gains/losses, at the end of the week you tally up your gains and losses, it makes thing much easier at the end of the year. If you incorporate your trading you will pay much less tax. You only take as much cash out of the Corp.out as you need,

 

[Gators]

I have some BNS also.
Always hard to know what is going to happen.
This article seems useful about the overall market:

Knowledge may be 'moonshine,' but there are ways for investors not to be fooled

Predicting what markets will do over the next 12 months has not produced good results. Find out more.

financialpost.com

If you can, buy more to trade and not buy and hold.



Never complain about having too many gains. If you are right more often than you are wrong you are way ahead. I prefer trading to buy and hold, I find it much more profitable. To keep track of gains/losses, at the end of the week you tally up your gains and losses, it makes thing much easier at the end of the year. If you incorporate your trading you will pay much less tax. You only take as much cash out of the Corp.out as you need,

The Fund invests in a portfolio consisting of common shares of the six largest Canadian banks and the four major publicly traded Canadian life insurance companies:

Stock name is LBS

Bank of Montreal	Great-West Lifeco Inc.
National Bank of Canada	The Bank of Nova Scotia
Canadian Imperial Bank of Commerce	Royal Bank of Canada
iA Financial Corporation Inc.	The Toronto-Dominion Bank
Sun Life Financial Inc.	Manulife Financial Corporation

The investment objectives for the Class A Shares are to provide holders with regular monthly cash distributions targeted to be $0.10 per Class A Share and to provide the opportunity for growth in the net asset value per Class A Share.

For some unknown reason , the price dropped to 5.50. I was able to buy many shares and get a monthly div. 80% of it capital gain and up 27% to date.

I got real lucky when covid hit I bought SBC at 6. I kept adding to it and sold it at $15.

Others tend to play banks via ZWB.

 

[Ceiling Cat]

LBS is concentrated in Canadian Banks and insurance companies to give buyers confidence that they are dealing exclusively in sure and safe stocks. They are doing for the average investor what I would do for myself. LBS is taking advantage of the daily highs and lows and make magnificent profits. Even after taking their profits and expenses they are still able to pay the average investor more than they can make on their own.
( LBS may be in for a quick pop higher this coming trading week )

In mid Aug. 2023 LBS started to sell off, since then there seems have been 3 massive institutional sell offs. For what reason, I do not know. I am sure it is for a significant reason.

SBC and ZWB has dropped off since Jan 2022, but seems to be recovering. People may rush to safety in this type of stock during hard times.

 

[Gators]

LBS is concentrated in Canadian Banks and insurance companies to give buyers confidence that they are dealing exclusively in sure and safe stocks. They are doing for the average investor what I would do for myself. LBS is taking advantage of the daily highs and lows and make magnificent profits. Even after taking their profits and expenses they are still able to pay the average investor more than they can make on their own.
( LBS may be in for a quick pop higher this coming trading week )

In mid Aug. 2023 LBS started to sell off, since then there seems have been 3 massive institutional sell offs. For what reason, I do not know. I am sure it is for a significant reason.

SBC and ZWB has dropped off since Jan 2022, but seems to be recovering. People may rush to safety in this type of stock during hard times.

lBS is long term hold for me as income investor. Since i am up 27% will keep it and ride it. l will sell at 11 hopefully. We wait Bank of Canada statement this week.

 

[Ceiling Cat]

lBS is long term hold for me as income investor. Since i am up 27% will keep it and ride it. l will sell at 11 hopefully. We wait Bank of Canada statement this week.

Let us see where the LBS is next week and I will tell you what the possibilities are.

 

[rajput]

Terrible compared to the megacaps

 

[Gators]

i have been holding SU and keeps dropping. i was tempted to buy CCO at 40. Missed the boat

Terrible compared to the megacaps

 

[Ceiling Cat]

As predicted BCE rose to 56.03, both BCE and CPX are showing signs of slowing.

BCE Jan 19 high 56.18 - Jan 26 Low 54.51 2.98%

Jan 19 Noon.

- ENB $48.14 is set to go higher

- TOU $57.31 seems to be at a low and may also make a move higher.


TOU is a good stock to trade, but I am after bigger game. ENB, TRP and BCE can also be traders, they are sure and safe.

ENB has not gone far from Jan 19 $48.14 to$48.41 but has been in consolidation all week, it may go higher soon.

TOU has gone from $57.31 to $59.55 4.15% and may go higher.

TD @$81.17 will make a move higher from here.
BMO, RY, LB, and NA has already started to make its move higher
CWB, BNS has not gone higher, but I expect these two will follow the bank stocks and go higher

This week :

TD 1.75%

Jan 19 to Jan 26 low to high :

BMO 3.78%
RY 2.05%
LB 3.34%
NA 3.14%

CWB 2.50%
BNS 1.97%

LBS may be in for a quick pop higher this coming trading week

This week :

Jan 19 to Jan 26 low to high :

LBS 2.86%

Banks and Insurance are slow and sure but not my speed, I prefer bigger game. If you can make 10% on your money each month, by compounding your profits you can triple your money.

 

[Gators]

BCE Jan 19 high 56.18 - Jan 26 Low 54.51 2.98%

I will be happy to hold and collect div.



ENB has not gone far from Jan 19 $48.14 to$48.41 but has been in consolidation all week, it may go higher soon.

It has done. We will may see some upside due to shipping issues. It will drop a lot after ex-div. Last time to buy.

TOU has gone from $57.31 to $59.55 4.15% and may go higher.

Great stock.



This week :

TD 1.75%

Jan 19 to Jan 26 low to high :

BMO 3.78%
RY 2.05%
LB 3.34%
NA 3.14%

CWB 2.50%
BNS 1.97%



This week :

Jan 19 to Jan 26 low to high :

LBS 2.86%U

Happy with LBS and collect juicy div monthly. SIA, SRU.UN, SGR.UN and AP.UN has done well and I expect they will be up big time after 2 interest cut this year.

Wish I had cash to buy MG.

Banks and Insurance are slow and sure but not my speed, I prefer bigger game. If you can make 10% on your money each month, by compounding your profits you can triple your money.

 

[Ceiling Cat]

I will be happy to hold and collect div.

You can do both, some people do. If you can hit the highs and lows and time the ex-dividend dates you can have your cake and eat it too, with seconds if you want. Collecting dividends are not my style.

I command a commando hit unit, I hit and run .......................and go on to the next target.

 

[rajput]

Nvidia has gained 15000% in the last 10 years. Nobody is going to beat that return.

 

[Ceiling Cat]

The time for FAANG stocks are over, you will not see another 1000% stock for a long time. Let alone a 15,000% stock. I can only speculate a few days into the future, so that is how I invest. SGML may have a significant move this week.
One thing about the stock market, nothing is sure. A stock may look good and will go down in price and a stock that looks bad may go up because of a sudden change in market condition. I play the probabilities, but probable does not mean sure.

 

[rajput]

The time for FAANG stocks are over, you will not see another 1000% stock for a long time. Let alone a 15,000% stock. I can only speculate a few days into the future, so that is how I invest. SGML may have a significant move this week.
One thing about the stock market, nothing is sure. A stock may look good and will go down in price and a stock that looks bad may go up because of a sudden change in market condition. I play the probabilities, but probable does not mean sure.

how do you explain all time highs in the S&P and Nasdaq

 

[Ceiling Cat]

how do you explain all time highs in the S&P and Nasdaq

The baby boomers are scared and the money has no where to go. Even with that said, indexes do not reflect what happens on individual stocks. There will not be any huge stock price increases like the Dot Com boom days or like in the spring of 2020 when stocks slid 40-60% and then rebounded. There is no stimulus to the economy to keep up consumer confidence up. We are heading into a situation where there will be many years of stagnation.

Just look to Europe and the UK where there is horrific inflation, things are even worse in South America. I was at a very large computer shop a few days ago, I was the only client in the store.
People that have a computer will be reluctant to buy a new computer now and along with it a NVidea
graphics card

 

[rajput]

I was at a very large computer shop a few days ago, I was the only client in the store.
People that have a computer will be reluctant to buy a new computer now and along with it a NVidea
graphics card

Mark Zuckerberg indicates Meta is spending billions of dollars on Nvidia AI chips

Meta appears poised to spend billions of dollars by the end of this year on Nvidia's popular computer chips that are widely used for AI projects

www.cnbc.com

 

[Ceiling Cat]

Mark Zuckerberg indicates Meta is spending billions of dollars on Nvidia AI chips

Meta appears poised to spend billions of dollars by the end of this year on Nvidia's popular computer chips that are widely used for AI projects

www.cnbc.com

Is that the sole basis on how you will invest? Zuckerberg is spending billions of dollars on Nvidia for the future long term survival of his company. We are going through a downturn in the world economy and I suspect will be going through many years of slow economic growth. Nvidia is manufacturer of a non essential luxury device. Zuckerberg will wait for better times and his investments to pay off, can you sit and wait patiently along with him?