The Verdict on January: Great!

February 2, 2019

No complaints from this end; the weather was frigid at the end of the month, but portfolio performance was fantastic. Pot stocks: up Gold stocks: up Sweet. Does January action imply that 2019 will be a great year?  No.  All we know is that January was good.  Gold is far below it’s highs from a […]

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Great week for pot stocks

January 26, 2019

On Monday January 21, my favorite pot stock, TGOD.TO – The Green Organic Dutchman, traded as low as $2.80.  On Friday it traded as high as $3.85.  That’s a swing of over 35% in a week.  Not bad. They have announced a new joint venture. (Not that kind of joint; I’m not making puns here; […]

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Tesla – The Bloom is Off the Rose

January 19, 2019

Alternate Title: Tesla – Has this ponzi scheme finally been exposed for what it is? I am not a fan of Tesla. Yes, I’ve had a drive in the car, and the car is cool.  It looks fine.  It’s quiet. It’s quiet because it’s electric, but so is a golf cart, and that’s the problem.  […]

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Gold, Pot Stocks Looking Good So Far in 2019

January 12, 2019

Yes, I realize it’s early here in 2019, but my two biggest sector holdings, gold and pot, are doing great. (Yeah, I know, that’s a low bar, because gold has been in the doldrums for four years, and cannabis stocks got hammered in the fourth quarter, but still). My favorite pot stock, The Green Organic […]

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Good First Week, and Thoughts on Trump

January 5, 2019

It was a short week to start 2019, but it was a good one, primarily because gold appears to be awakening from it’s four year long slumber. My working hypothesis is that we will see $1,300 in January, and $1,350 in February.  After that, who knows.  There is uncertainty in the world now: what will […]

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Pot Stocks Bounce

December 29, 2018

Interesting week, eh? Big crash before Christmas, big bounce on Boxing Day (but the Toronto markets were closed), then a drop on Thursday, and then on Friday, thanks to a hostile takeover bid for pot stock Aphria, the pot stocks bounced big. Big, but it’s a bounce off the bottom. My favorite pot stock, The […]

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At Least the Days are Getting Longer

December 22, 2018

Always look on the bright side, my mother always said.  The markets appear to be firmly in bear market territory.  On Friday, the stocks that have held this market up for years, like Google (Alphabet) and Facebook, were making 52 week lows.  It’s not looking good. So what’s the bright side? In the Northern Hemisphere […]

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Bargains During Tax Loss Season

December 15, 2018

As you all know, if you have a losing position on a stock, if you sell it you have a capital loss, which can be applied to reduce the taxes you owe on any capital gains.  That’s why investors sell their losers before the end of the year, so that they can apply their losses […]

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That Was a Fun Week

December 8, 2018

At the start of October the DOW was just under 27,000, and on Friday it closed at 24,388.  Not quite a 10% drop, but whose counting; that’s something of a blood bath. Alternate viewpoint: DOW is now back to where it was at the start of July, so we’ve had 5 months of no gain; […]

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Resorting to Gambling

December 1, 2018

As the market bounces around, doing not much of anything, and we are left to wonder whether or not 2018 will finish in the red or the black, I’m now resorting to outright gambling. In many cases I’m a speculator, not an investor, which is practically gambling anyway.  My biggest bets of 2017 and 2018 […]

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