If you understand how money works, then it’s no surprise that big tech stocks keep moving higher. With attention to earnings it’s clear that Apple and Facebook might have a problem. To put it another way, they have to figure out what to do with all this money. Seriously, Apple’s market cap is $2.24 trillion […]
It’s been about a month since I last published an Ultimate Investor Update. Nevertheless, I’ve been stuck in a lockdown combined with March break in April. Yes, you read that correctly! Things are upside down around here. Surely, everyone has been affected one way or another by this pandemic. Moreover, a lot has happened since […]
Surely tax facts 2021 are important. There are times when you need tax information quickly. Well, look no further than the Ultimate Investor. The hardest thing in the world to understand is the income tax. – Albert Einstein Maximum RRSP Contribution – $27,830 TFSA Limit – $6,000 TFSA Contribution Lifetime Maximum – $75,500 (as of […]
The Trade Desk (TTD) stock has finally served up a rare buying opportunity. To recap, The Trade Desk is a cutting edge programmatic digital ad placement platform. Simply put, they offer a digital ad auction house. Much like a stock exchange, but for advertising space. Better yet, they offer digital ad space not owned by […]
At this time the XLE energy sector EFT is looking attractive. Stock market corrections come and go. Usually they are sudden and catch investors off guard. Fortunately, for those that can keep a level head, opportunities will present themselves. As always, the Ultimate Investor Update covers the big 3 sectors: F/X, bonds and stocks. Here […]
Today I wanted to share with you an example of stop loss hunting. Why should you care? Well, for one thing, its a great way use technical analysis to your advantage. Not to mention the opportunity to: get in early on a new trend increase profits become more confident make more money Fortunately for us, […]
Big changes to the Ultimate Portfolio+ page. Hold off purchases of technology stocks for the time being. All the stocks listed are still high quality companies. Once the correction is over, buy signals will be posted. If you are looking to put money to work consider the energy sector. So far, rising treasury yields have […]
Just a quick note to highlight the sector rotation picking up speed as markets trade today. Being able to spot sector rotation trades is a good way to make money buying stocks. In light of the rally in treasury yields, technology stocks have succumb to heavy selling today. Also, stock eft SPY (spy – nyse) […]
Salesforce.com stock plunges as traders aim to takeout stop loss orders. That is to say Wall Street traders a likely targeting the stop hunting zone identified below. Back on January 6, 2021 I posted an article about the stop hunting zone on Salesforce.com stock chart. Surprisingly, CRM managed to stage a rally to $250, but […]
Canopy Growth stock dropped after disappointing Q3 financial results back in February. So, I thought it would be a good time to start following this company. To be sure, the struggles facing this company are not a surprise. To illustrate, the company’s financials tell the whole story. Canopy Growth continues to struggle with its end-to-end […]
