Bullish Outlook

Add (ONEX)tra upside without putting on extra downside
April 05, 2017
Bullish Outlook

Add (ONEX)tra upside without putting on extra downside

Christopher Thom

Onex is a stock that has done very well over the long term. Since going public in 1996, the stock has had an annualized total return over 16%.  The company places emphasis on managers owning stock and investing alongside shareholders – this is something I like to look for when investing in a company.  For an investor...

176
0
Like
3 weeks ago
Synthetic Stock Positions Within Registered Accounts
February 06, 2017
Bullish Outlook

Synthetic Stock Positions Within Registered Accounts

Richard Croft

As the name suggests, a synthetic stock position is equivalent to a long stock position. Similar risk reward parameters but with some structural advantages for investors who want to utilize the strategy within registered accounts.   In this column, we will focus on Canadian bank stocks. What else is new! Like it or not...

689
0
Like
3 months ago
 A reverse call ratio spread (call backspread) on BCE Inc. (BCE)
January 16, 2017
Bullish Outlook

 A reverse call ratio spread (call backspread) on BCE Inc. (BCE)

Martin Noël

As you can see in the following graph, shares in BCE Inc. (BCE) have been trading in a range of $57 to $59 since mid-November, with points of momentum suggesting a slightly bullish trend.   Daily Graph of BCE ($58.19 on Friday, January 13, 2017) We can also see that the stochastic oscillator (the lower indicator) has begun...

376
0
Like
3 months ago
Why pay more when you can PEY less?
January 05, 2017
Bullish Outlook

Why pay more when you can PEY less?

Christopher Thom

Peyto (TSE: PEY) shares did well in 2016, rising 33.5%, as natural gas prices rose almost 64%. Natural gas accounts for 90% of Peyto’s total production volume.  In my view, the shares are undervalued and could be purchased outright at this level.  However, two issues arise with that idea.  First, we are here to talk about...

491
0
Like
4 months ago
“Buying the Dip” on REITs
December 05, 2016
Bullish Outlook

“Buying the Dip” on REITs

Patrick Ceresna

It is incredible to have witnessed what has transpired in the month of November 2016.  Trump’s victory has spurred a complete 180 degree turn in macro thinking. Some of the great macro men like Ray Dalio, Stanley Drunkenmiller and Jeffery Gundlach have discussed what is now openly believed to be a new growth and inflation...

724
0
Like
5 months ago
Final Follow-up – Writing Covered Calls on Units of XFN   
November 14, 2016
Bullish Outlook

Final Follow-up – Writing Covered Calls on Units of XFN  

Martin Noël

  Underlying Asset   iShares S&P/TSX Capped Financials Index The iShares S&P/TSX Capped Financials Index ETF seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Financials Index, net of expenses. The index is comprised of constituents of...

404
0
Like
5 months ago
Pairing Option Strategies with Forecasts
August 25, 2016
Bearish Outlook

Pairing Option Strategies with Forecasts

Alan Grigoletto

At the present time, the S&P/TSX Composite is sitting roughly halfway between its 52-week high and low points. Whether your current forecast is glass half empty or glass half full, there are two simple option strategies that Canadian investors can employ for either forecast. The bull call spread, also called a long-call...

1452
0
3
8 months ago
The Divergence in Oil and Oil Stocks
August 08, 2016
Bullish Outlook

The Divergence in Oil and Oil Stocks

Patrick Ceresna

Something weird is happening in the energy markets… Oil and gas stocks seemed to stop caring what oil is doing. The divergences are staggering. What do I mean? Back in May, when crude oil was at its $50+ peak level, there was jubilee amongst investors. It has become consensus that oil has not only bottomed but is discovering...

448
0
Like
9 months ago
Capitalizing on a Valeant Effort in a Mundane Market
July 16, 2016
Bullish Outlook

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, the question is whether...

340
0
Like
10 months ago
Gold versus Gold Stocks
June 20, 2016
Bullish Outlook

Gold versus Gold Stocks

Richard Croft

Gold has been on a tear recently. Not because of any real change in supply demand metrics. This is all about defensive positioning against a perceived devaluation of paper currency. In short gold bulls are playing the crisis insurance card… again! I am not about to tell you to buy gold. I’ve talked about it in the past but...

288
0
Like
10 months ago