Description: Long before Russian tanks rolled towards Ukraine, the oil and gas industry had culminated into an undersupplied market Source: FinancialPost.com Date: Mar 29, 2022 Link: https://financialpost.com/commodities/energy/oil-gas/eric-nuttall-the-world-has-plunged-into-a-deep-enduring-energy-crisis-that-may-threaten-the-economy-for-years-to-come Questions for discussion: What does Eric Nuttall say is the situation in the oil and gas industry and Canada’s position, specifically? How should investors respond to this analysis,… Read more »
Posts Categorized: Personal Finance
Investing legend Bill Miller says there are many good values in the market even after relief rally
Description: It’s a good time to get the perspective of the recent market rally from legendary investor Bill Miller, who beat the S&P 500 SPX, for 15 years in a row and has seen a cycle or two. “No one knows how long the war in Ukraine will last nor what its outcome will be,” writes Miller in… Read more »
Evergrande Investors Left Baffled by $2.1 Billion in Seized Cash
Description: Investors in China Evergrande Group are still in the dark over just how $2.1 billion of deposits at its property-services unit came to be used as security for pledge guarantees and seized by banks. Source: Bloomberg.com Date: Mar 23, 2022 Link: https://www.bloomberg.com/news/articles/2022-03-23/evergrande-investors-left-baffled-by-2-1-billion-in-seized-cash Questions for discussion: What are the concerns raised in this report? What should investors… Read more »
Nickel falls 12% to hit limit down again on London Metal Exchange
Description: LONDON — The benchmark three-month nickel contract fell 12% on Friday morning to hit a new trading limit, as heavy selling continued on international metal markets. Source: CNBC.com Date: Mar 18, 2022 Link: https://www.cnbc.com/2022/03/18/nickel-falls-12percent-to-hit-limit-down-again-on-london-metal-exchange.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: Explain what is happening to trading in the nickel market? What would you advise investors at this… Read more »
The TSX is a destination that’s preferential: BlackRock senior strategist
Description: We continue to watch the TSX rally and outperform its global peers. However, our featured guest believes that geopolitical tensions could play a factor in slowdown to global growth. Joining us is Kurt Reiman, Senior Strategist for North America at BlackRock. Source: BNNBloomberg.ca – video report Date: Mar 23, 2022 Link: https://www.bnnbloomberg.ca/investing/video/the-tsx-is-a-destination-that-s-preferential-blackrock-senior-strategist%7E2407964 Questions for… Read more »
The 8 worst-performing S&P 500 stocks with the highest ratings are expected to rebound by more than 50% over the next year
Description: Investors don’t need to be told that stocks have been volatile. There’s a market of extremes as Russia’s war in Ukraine continues and investors wait to see what the Federal Open Market Committee does with interest-rate policy March 16. Below is a list of eight stocks in the S&P 500 SPX, that have dropped at least… Read more »
Panic Selling Grips Chinese Stocks in Biggest Plunge Since 2008
Description: (Bloomberg) — Chinese stocks listed in Hong Kong had their worst day since the global financial crisis, as concerns over Beijing’s close relationship with Russia and renewed regulatory risks sparked panic selling. Source: Yahoo.Finance.com/Bloomberg.com Date: Mar 14, 2022 Link: https://finance.yahoo.com/news/china-tech-rout-deepens-amid-020459021.html Questions for discussion: What are the reasons for the panic? How should investors deal… Read more »
Intel commits $36 billion to making chips in Europe
Description: Intel announced Tuesday that it plans to invest over 33 billion euros ($36 billion) into boosting chipmaking across the European Union as the bloc looks to become more self-reliant when it comes to semiconductors. Source: CNBC.com – video report Date: Mar 15, 2022 Link: https://www.cnbc.com/2022/03/15/intel-commits-36-billion-to-making-chips-in-europe.html Questions for discussion: What is the significance of this announcement?… Read more »
‘Glory days ahead’ for Canadian oilfield services stocks: BMO
Description: BMO Capital Markets has raised its price targets on a number of Canadian oilfield services companies as North American drilling activity ramps up. Source: BNNBloomberg.ca – video report Date: Mar 15, 2022 Link: https://www.bnnbloomberg.ca/glory-days-ahead-for-canadian-oilfield-services-stocks-bmo-1.1737545 Questions for discussion: What does the report say about the changes taking place in the industry? Do you agree? What… Read more »
Amazon Split Its Stock 20-for-1 — and That’s Not Even the Best Reason to Buy the Stock
Description: On Wednesday, March 9, Amazon (AMZN) dropped a bombshell: For the first time since September 1999, the first time this century — the first time this millennium — Amazon will split its stock. Source: Yahoo.Finance.com Date: Mar 11, 2022 Link: https://finance.yahoo.com/news/amazon-split-stock-20-1-200632034.html Questions for discussion: What does the report say are the reasons for buying Amazon now?… Read more »