I am placing a sell order for my Lululemon ( LULU ) position. I bought 145 stocks for $51.07 and currently the stock is trading at $61.94 for a return of 20% ! Part of the reason the stock has gone up is due to buyout rumors. The company will be releasing its quarterly earnings reports this Thursday . I prefer not to hold stock positions through earnings report releases – In the past I have suffered some heavy losses…
There are many ways to invest in commodities such as gold, oil, copper etc. One of the ways I invest in commodities is through the companies that mine the commodity . In the past I have invested in companies related to gold and oil, and currently I hold a position in a Lithium mining company. I came across a Cobalt company recommendation on BNN – Katanga Mining Limited. This was recommended by Michael Smedley, chief investment officer at Morgan Meighen &…
Many of our North American Stock Indexes are currently at an all time high. If you are like me you may be worried about the next big crash in the markets. As such I am currently focused on having a portion of my portfolio in defensive stocks ! In this mind frame, when I came across Jason Del Vicario’s recent top picks on BNN it resonated with me. He recommended : Dollarama DOL.TO – people will continue to shop here…
I work for a bank – We are currently in the process of understanding how to handle/use the large volume of data we have in a smart way. Came across this free Ebook called ” Getting Data Right Tackling The Challenges of Big Data Volume and Variety ” by Jerry Held, Michael Stonebraker, Thomas H. Davenport, Ihab Ilyas, Michael L. Brodie, Andy Palmer, and James Markarian that looks at some of the issues surrounding big data and our traditional systems. From the book description…
A friend of mine reached out to me recently with some questions about getting a financial advisor in Canada. He had some very specific questions : How do you know if a financial advisor is any good ? A large percentage of financial advisors are sales people and are paid depending on what they are able to sell you. Two questions you always need to ask. How are they paid ? Are they paid by the products they are recommending…
Below is a summary of various tech podcasts one of my co-workers shared. I watch youtube videos during my commute – a tech podcast is also a good idea ! The Changelog A weekly discussion and interview show featuring a wide range of open-source development tools and development-related news. The programme has a heavy focus on web development, from Ruby and node.js to JavaScript and CSS, as well as covering a broad array of tools, ranging from Git to npm….
Short Term Trade in – LAC.TO ( LACDF) Earlier last week I had invested in Lithium Americas Corp which trades on the TSX ( Toronto Market) as LAC.TO and as LACDF on OTCQX ( US Market) . This was one of my short term speculative trades. I have purchased it at $.92 CAD, and have watched the stock fall to $.78 CAD . The biggest drop came today at $.10 CAD per share. I have previously invested in this company…