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Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance. |
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08-20-2011, 01:39 AM
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#5001 | | I STILL don't get it
Join Date: Aug 2008 Location: Imaginationland
Posts: 494
Thanked 507 Times in 64 Posts
Failed 71 Times in 8 Posts
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Originally Posted by highfive  Anyone looking into US banks? Doug Kass predicts a 10-15% pop for banks in the next 2-3 months. And 80-100% in the next 12? I wouldn't be surprised since the banks are selling at 50% book value. Keep in mind that this guy predicted the bottoms of 09 and 2010. | In order of preference Morgan Stanley, JP Morgan or Bank of America for me.
Also debating whether I should go with US banks or one the Canadian banks/Insurance companies which seem to be less volatile (relative to the US bank) and leave it for a slightly longer investment and sit for some slightly higher dividend yields since I won't really be paying much attention to the market once school starts
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08-20-2011, 11:32 AM
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#5002 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
Posts: 4,694
Thanked 239 Times in 94 Posts
Failed 17 Times in 10 Posts
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^ Yeah, I was looking at SLF. 5%+ dividend, and P/E of 8-9
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08-20-2011, 08:01 PM
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#5003 | | I Will not Admit my Addiction to RS
Join Date: Nov 2009 Location: Vancouver
Posts: 561
Thanked 12 Times in 7 Posts
Failed 2 Times in 1 Post
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Anybody here observing the EU banks? Like NBG? Sort of vegas play, but absolute multi bagger if it goes within our favor .. I mean any outlooks? long term prospect.. 2012.. 2013
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08-21-2011, 03:27 PM
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#5004 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
Posts: 4,694
Thanked 239 Times in 94 Posts
Failed 17 Times in 10 Posts
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Can someone shed some light into moving average market timing strategy? I'm new to this...from what I understand if a stock exceeds it's moving average (e.g. 50 or 200 days MA), it is a good time to buy as the stock is considered "bullish". If it is below the MA, it is considered "bearish" and should be sold.
But from my thinking, if the stock price is below the MA, doesn't it indicate a bottom may be near, which makes it a good time to buy as the stock is poised for a rebound? 
However, if the 50-day MA crosses (up) the 200-day MA, then that would potentially make a good entry point as it would indicate the stock is on upswing, correct? Or if the 50-day MA is below the 200-day MA, then it would indicate a rebound may be in order?
Last edited by Jermyzy; 08-21-2011 at 03:38 PM.
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08-23-2011, 02:37 PM
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#5005 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
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NO RISK. ALL REWARD. GRAND PRIZE: $1 MILLION News Headlines | |
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08-23-2011, 03:57 PM
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#5006 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
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Originally Posted by shawnly1000 | gonna put everything into 1 stock see what happens LOL  roll the dicee
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08-23-2011, 06:20 PM
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#5007 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
Posts: 4,694
Thanked 239 Times in 94 Posts
Failed 17 Times in 10 Posts
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Trading officially starts on Monday, September 19 at 9:30 a.m. ET and, for the first time, the contest has gone international and is open to permanent residents of the U.S., UK and Australia  | |
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08-23-2011, 06:38 PM
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#5008 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
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^Yeah not opened to Canada...
Greenbergcap Twitter Quote: |
S&P downgrades earthquake to 2.0 due to lack of government help in effort to stop the earth from shaking. News at 11
| LOL hahaha
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08-23-2011, 06:52 PM
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#5009 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
Failed 4 Times in 4 Posts
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lol
First stock purchase made. Starting small.
Going long on BNS.TO, SLF.TO, and BIP (Brookfield Infrastructure Partners LP) I actually work for a subsidiary of Brookfield.
Last edited by TouringTeg; 08-24-2011 at 08:24 AM.
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08-23-2011, 07:27 PM
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#5010 | | I STILL don't get it
Join Date: Aug 2008 Location: Imaginationland
Posts: 494
Thanked 507 Times in 64 Posts
Failed 71 Times in 8 Posts
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Originally Posted by AME_VIP lol
First stock purchase made. Starting small.
Going long on BMO.TO, SLF.TO, and BIP (Brookfield Infrastructure Partners LP) I actually work for a subsidiary of Brookfield. | haha I was actually looking at the same ones as you (minus BIP). However I plan to wait til after Friday to see what happens first.
Still have my options in gold today though they took a hit today :<
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08-24-2011, 08:26 AM
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#5011 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
Failed 4 Times in 4 Posts
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Oops I meant BNS.TO!
Good luck bakasm. I see people are taking profits on gold today.
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08-24-2011, 09:38 AM
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#5012 | | SFICC-03*
Join Date: Mar 2002 Location: richmond
Posts: 8,431
Thanked 2,905 Times in 1,169 Posts
Failed 153 Times in 76 Posts
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i might buy some gold today..
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08-24-2011, 11:13 AM
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#5013 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
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Originally Posted by unit i might buy some gold today.. | might not be a bad idea for a quick trade
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08-24-2011, 11:44 AM
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#5014 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
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Nice pop in FEED. I've rebuilt a new position in it from 0.96 to 1.01 in the past weeks. Right now at 1.06.
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08-24-2011, 11:48 AM
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#5015 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
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Seems like everytime nvt takes a big hit, it always goes back to the 0.23 mark ... Might play around with that next time Posted via RS Mobile | |
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08-24-2011, 12:22 PM
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#5016 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
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But low volume though. Unless you're buying and selling very small amount of share.. it might be hard for you to unload your shares.
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08-24-2011, 01:34 PM
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#5017 | | RS has made me the bitter person i am today!
Join Date: Apr 2002 Location: In your head
Posts: 4,591
Thanked 376 Times in 176 Posts
Failed 11 Times in 9 Posts
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Take a look at AYX. Just had to write a research report on this stupid company. Production coming online in 2015. I like the property and expect the updated 43-101 (expected Q1 2012) to significantly expand resources based on drilling to date.
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08-24-2011, 02:04 PM
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#5018 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
Failed 4 Times in 4 Posts
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Damn I am a noob. Didn't know you can't place buy orders of odd sizes in after hours trading on the TSE. 100 is standard.
__________________
Victoria Car Assessments - Condition assessments (test drive, photos, deficiencies and summary). RS member references available. IG @touringteg
1998 Acura Integra Type R #0635
2017 Honda Civic Type R #01818
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08-24-2011, 02:15 PM
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#5019 | | What hasn't Killed me, has made me more tolerant of RS!
Join Date: Jan 2010 Location: Mount Olympus
Posts: 181
Thanked 84 Times in 14 Posts
Failed 71 Times in 6 Posts
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Is anyone here with Qtrade or Credential Direct?
I can't decide between the two.
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08-24-2011, 03:34 PM
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#5020 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
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$AAPL halted, news pending....very unusual/out of the blue halt
Steve Jobs resigns as CEO
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08-24-2011, 03:53 PM
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#5021 | | Everyone wants a piece of R S...
Join Date: Jun 2006 Location: vancouver
Posts: 351
Thanked 45 Times in 30 Posts
Failed 8 Times in 8 Posts
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I dont think AAPL will fall too much. He is still the chairman.
If he died, another story though lol
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08-24-2011, 03:58 PM
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#5022 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
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After hours, down about 6%
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08-24-2011, 04:27 PM
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#5023 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
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It would suck not having Jobs announcing new apple products now. He is one of the best salesman of all time IMO.
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08-24-2011, 05:49 PM
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#5024 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
Posts: 4,694
Thanked 239 Times in 94 Posts
Failed 17 Times in 10 Posts
| Quote:
Originally Posted by AME_VIP lol
First stock purchase made. Starting small.
Going long on BNS.TO, SLF.TO, and BIP (Brookfield Infrastructure Partners LP) I actually work for a subsidiary of Brookfield. | BNS makes up about 25% of my portfolio (I bought most of it when the shares were below $30 a few years ago during the recession). I've added some more stock a couple days ago at 49.85.
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08-24-2011, 10:36 PM
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#5025 | | I don't get it
Join Date: Mar 2011 Location: vancouver
Posts: 444
Thanked 333 Times in 77 Posts
Failed 359 Times in 46 Posts
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short aapl near term... buy goldman short term...
one week trade at most
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