UnlockRatingBilly Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Mid-November is typically the peak for tax loss selling. Generally it is best to sell before or after then. It is often best to not try to time the market, adn to keep in mind the guaranteed tax benefit. Unlock Premium - Try 5i Free
UnlockRatingMarkets were so bad today that they ignored great earnings from Facebook, Apple and other tech giants. Why didn't numbers matter? The answer: the pending election. Of that, he expects massive confusion, unless results are a blow-out. We may not know the winner for days, given the mail-in ballots. However, he expects a stimulus package after the vote from either side. Buy some shares of stocks on Monday when the market revisits today's lows, wait on Tuesday's election day, buy more if Biden wins and Trump doesn't concede (this will be ugly), then wait till Friday's unemployment numbers to be a third tranche.
UnlockRatingTheme parks and cinemas, looking at the data from China, has not come back to normal. If people feel safe to go back, it could go back to how it was before, but people have now developed habits they may keep even when this is all done.
Apple, Visa Inc. and 17 Stock Top Picks (Oct 23-29)
This week there were 17 Stock Top Picks in a wide range of industries: Technology, Financials, Consumer, Communications and Healthcare. Here are this week’s Top Picks as selected by: Andrey Omelchak, Varun Anand, Paul Harris and Gordon Reid. 💻 Technology… read more
UnlockRatingMarket Call cut short. Today's October 29 Market Call with David Burrows was severely abbreviated due to technical difficulties. No past picks or top picks.
UnlockRatingA report that BMO is weighing options for its wealth management unit. An existential question for many of the banks. The push into ETFs hasn't brought in a lot in fees. It's a good business, but challenged from a fee perspective.
UnlockRating(A Top Pick Aug 25/20, Up 75%)Stockchase Research Editor: Michael O'Reilly As we have hit our $28 objective, we are recommending to take profit on half of holding in FLXS. This secures a 75% gain on half the position. We recommend raising the trailing stop to $24.00.
UnlockRatingDon't you want to sell everything after today's brutal session which saw 3.5% losses? That's the problem: emotions. You can't trade based on emotion. Do not panic. Sure, it feels like the March bottom. A lockdown? Few states have the political will to do that, and can't afford to. Banks and oil are non-starting sectors, looking ahead. It leaves us with these bull markets: 5G, hygiene, home renos and cars.
UnlockRatingBilly Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. REITs and utilities are expected to remain good income sources with low volatility. If we assume economic recovery over the next years and the interest rates rise, they could under perform. Utilities overall would be the preferred choice. Unlock Premium - Try 5i Free
UnlockRatingCanadian banks. When you invest in the banking sector, you want to see organic growth in terms of loans. On capital market side, you want to see good and solid profitability. In this environment, the capital market side has done well. Organic loans have not done so well. Overall, Canadian banks are doing well on loan provisions. Sector is a hold right now. If you had to choose one, Royal Bank would be the one.
Magna Int’l., TFI International Inc and More at 52-week Highs (Oct 21-27)
The markets saw a sharp sell-off to open the week as investors were disappointed by a lack of stimulus and rising coronavirus cases in the US and Europe. This week Canadian Tire Corporation Ltd. (A) (CTC.A-T) pushes forward, rising to… read more
