TSX getting you down? There are always sound investment alternatives.
Latest News
Nvidia’s earnings: Blackwell AI chips play into (another) stock price rise + MORE Nov 21st
Nvidia on Wednesday reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust. For the three months that ended Oct. 27, the tech giant based in Santa Clara, California, posted revenue of $35.08 billion, u.... More »
Survey finds 1/3 of Canadians can’t pay monthly bills as rates set to rise + MORE Jan 15th
CALGARY _ A new survey suggests a third of Canadians can’t pay their monthly bills, including debt repayments, against a backdrop of rising interest rates.
The quarterly MNP consumer debt index survey finds the number of Canadians who can’t cover their fixed monthly expenses is up eight .... More »
Capital gains tax in Canada, explained + MORE Jun 16th
Capital gains tax highlights
Only 50% of a capital gain is taxable in Canada, and the taxable portion is added to your income for the year. With Canada’s current income tax rates, no one pays more than 27% in capital gains tax. You can reduce the amount of capital gains tax you owe by holding.... More »
Managing debt to build wealth + MORE Aug 21st
It’s an eyebrow-raising trend: non-mortgage delinquencies have reached levels not seen since 2009, according to a report by Equifax, one of the three largest consumer credit reporting agencies. Specifically, 1.4 million people in Canada have recently missed a credit payment.
But it’s no.... More »
Canada Is a Net Creditor on the Global Stage + MORE Mar 13th
For the first time since 1990, Canada’s holdings in global assets exceeded its liabilities at the end of last year.... More »
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
New Trade: Long Dice Holdings ($DHX) & Short Monster Worldwide ($MWW)
– IntelligentSpeculator.net
I usually open new trades on Monday’s but lacked time to do the research last weekend but here I am today. Before getting started, I’m going to close 2 existing trades with one being a winner and the other a losing trade. Overall, the return of my tech stock picks has improved in the last few months but it’s always volatile so for now I’ll wait and see how things end up going. As a reminder, you can see all of my 2013 tech stock picks here. Here are the 2 trades that will be closed on today’s opening:Long TripAdvisor (TRIP) & Short Travelzoo (TZOO)
TRIP data by YCharts
Long eBay (EBAY) & Short Yahoo (YHOO)
EBAY data by YCharts
Today’s new trade is one that I’ve done several times in the past few years, with good success mostly. I trade 2 job seeking sites, Monster and Dice. The rational remains the same on the trade. Before going further here are the numbers on these two companies:
TickerNamePriceEPSPE RatioPE Next YearReturn YTDSales GrowthAnalyst ratingBook ValueBetaRevenue/ShareSales 5Y GrowthEPS 5Y Growth
MWWMonster Worldwide Inc5…
Conservative MP defends campaign expense claims – CTV News
– news.google.ca
CBC.caConservative MP defends campaign expense claimsCTV NewsConservative MP Eve Adams has taken to Twitter to defend herself against allegations that she claimed personal expenses over and above the allowable amount during the 2011 federal election campaign. According to a financial report posted to the …Personal expenses claimed by Tory MP include salon visitsCBC.caTory MP claimed visits to hair and nail salons, grooming products, and …Ottawa CitizenWhy Canada's expense scandal resembles trench warfareMacleans.caMississauga -Oye! Timesall 9 news articles »
For Lululemon, TSX Delisting is a Bottom-Line Move
– blogs.wsj.com
For Lululemon Athletica Inc., it’s a common-sense, bottom-line decision. For the Toronto Stock Exchange, it’s the loss of an iconic brand born in Canada.
Canada has the worst-performing stock market in the G7 http://t.co/pduUfgu1Vz
— HuffPost Canada (@HuffPostCanada) June 11, 2013
