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Elon Musk says talking to Saudi fund, others on Tesla buyout Aug 13th
Tesla Inc. chief executive Elon Musk said on Monday a July 31 meeting with Saudi Arabia's sovereign wealth fund convinced him he could secure funding to take the electric car-maker private, but that he was still talking to the fund and other investors as he seeks to nail down fina.... More »
North American stock markets fall after inflation spike raises fears of rate hikes - CP24 Toronto's Breaking News Nov 10th
North American stock markets fall after inflation spike raises fears of rate hikes CP24 Toronto's Breaking NewsMarket check Nov 10: Stocks move lower after hotter than expected inflation data Yahoo FinanceStock market news live updates: Stocks fall after hotter-than-expected in.... More »
S&P 500 hits record high, equals longest bull-run + MORE Aug 21st
The benchmark S&P 500 touched a record high on Tuesday and equalled its longest-ever bull-market run, as U.S. stocks rose on encouraging earnings reports and hopes that the United States and China could resolve their tariff dispute..... More »
June 2016 Dividend Income Update + MORE Jul 10th
Learn, save, invest and prosper with My Own Advisor.
Over the last few years on my site I’ve posted monthly dividend income updates like these. Every now and then from these articles I receive a few questions from readers regarding my DIY approach to saving and investing – using primarily div.... More »
Tories attack Morneau with allegations over 2015 sale of Morneau Shepell shares + MORE Nov 28th
The Conservatives have opened up a new line of attack against Bill Morneau, accusing the embattled finance minister of selling off stock the week before a policy announcement drove their value down by half a million dollars..... More »
Ottawa says national securities regulator coming soon
– macleans.ca
OTTAWA – Ottawa says it now has four provinces ready to sign on to create a national securities regulator, with the new office overseeing financial markets expected to be operational by the fall of 2015.
Representatives of Saskatchewan and New Brunswick were present for the announcement today, saying they are joining Ontario and British Columbia in an agreement for the formation of a national body to jointly police securities and capital markets.
The gang of four represent about 55 per cent of the value of capital markets, officials say.
This still leaves six provinces out of the scheme — with Alberta and Quebec the key hold-outs — but officials say they will continue trying to bring others into the national body.
The government says it plans to issue a initial draft regulations for public comment on the co-operative legislation involving the four provinces by Dec. 19 of this year.
The plan is to have the four provinces enact legislation affirming the deal by the end of next June and for the joint Capital Markets Regulator to be operational by the fall of 2015…
Representatives of Saskatchewan and New Brunswick were present for the announcement today, saying they are joining Ontario and British Columbia in an agreement for the formation of a national body to jointly police securities and capital markets.
The gang of four represent about 55 per cent of the value of capital markets, officials say.
This still leaves six provinces out of the scheme — with Alberta and Quebec the key hold-outs — but officials say they will continue trying to bring others into the national body.
The government says it plans to issue a initial draft regulations for public comment on the co-operative legislation involving the four provinces by Dec. 19 of this year.
The plan is to have the four provinces enact legislation affirming the deal by the end of next June and for the joint Capital Markets Regulator to be operational by the fall of 2015…
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
Canadian-Israeli real estate billionaire Azrieli dies at 92
– theglobeandmail.com
Developer David Azrieli was also known as a generous philanthropist
Toronto StarNew Canadian securities watchdog signs on two more provincesToronto StarPlans to create a national stock market regulator for Canada — headquartered in Toronto — took another major step forward with the announcement Wednesday that two more provinces have signed on. Saskatchewan and New Brunswick have joined Ontario …Canada national securities regulator attracts two more provincesReuters CanadaOliver hails 'major step' toward national securities regulatorThe Globe and MailJoe Oliver to announce 2 more provinces for securities regulatorCBC.caFinancial Post -CTV Newsall 50 news articles »
Closing 3 Trades ($PCLN, $NILE, $AAPL, $ORCL, $NFLX, $P)
– IntelligentSpeculator.net
This morning I will be closing out 3 more trades from my long & short tech stock picks and it’s always more enjoyable to do so when the 3 are winning trades as is the case this morning. In all 3 cases, I have a decent level of confidence but prefer to open new trades as the earnings season gets started and there will be more opportunities to go after. Returns indicated here are as of yesterday’s close but trades will be closed on today’s opening:Feb 24: Long Priceline (PCLN) & Short Blue Nile (NILE) +20,52%
PCLN data by YCharts
May 19: Long Apple (AAPL) & Short Oracle (ORCL) +20,79%
AAPL data by YCharts
May 19: Long Netflix (NFLX) & Short Pandora (P) +25,13%
NFLX data by YCharts
As is always the case, you can see all the 2014 long & short tech stock trades here:
http://www.intelligentspeculator.net/livetrades
The portfolio return is now over 23% and I’ll have a few more trades to go so hopefully things keep up:)
The post Closing 3 Trades ($PCLN, $NILE, $AAPL, $ORCL, $NFLX, $P) appeared first on Intelligent Speculator.
