the market: stocks, bonds, options, whatever

[thujone]

Analysts bullish on Apotex as they initiate coverage following Canadian drugmaker's IPO

Canadian generic drugmaker Apotex Health Corp.'s dominance could be leveraged into future higher-margin categories. Find out more

financialpost.com

 

[thujone]

BB has been rallying after a looooong time in the dumps

GOOG setup looks nice right now, very nice

 

[Electrum1]

BB should be like $6. Maybe I'm wrong tho

 

[thujone]

depends on the market, it's been around $15 on TSX

 

[Electrum1]

If they're being revalued as partially AI then I'm probably wrong

 

[thujone]

i honestly don't think BB is that liquid, could be just WSB type shit

 

[Electrum1]

They should make a move by buying something with debt. They're in like 200M vehicles. Profitable now too. Maybe it is an actual turnaround story

 

[Electrum1]

Oh wait, they're a Canadian company.

 

[thujone]

they're on fire, that's where all the smoke is coming from

 

[Electrum1]

This turned out to be a good call. Can't really think of any other Canadian companies I've followed besides junior miners and the REIT MHCUF

Probably going to sell CCJ

 

[Electrum1]

Felt like 2007-08 uranium mania. CCJ did buy Westinghouse and actually has a great future tho, unlike most of the nuclear stocks back then

 

[Electrum1]

Tons of junior miners in Canada

 

[thujone]

yea there's some good mining ETFs

i gave up leveraged ETFs and just focus on options now

got back into NDX and spreads can be rough but good for premium

 

[thujone]

wow GLD crashed below 200MA

 

[Electrum1]

Scaling into bitcoin around this level seems smarter than buying gold here, which sounds kinda crazy

 

[thujone]

not seeing many catalysts for bitcoin near-term

 

[Electrum1]

It's just about accumulating it around the 200 week moving average. That's it. That's the entire play, besides deciding when to sell

 

[thujone]

look at how the curve has been flattening where interest rates have gone up

bitcoin worked when it was seen as a gold substitute in the ZIRP era

but now it's more closely correlated with growth assets and that makes it riskier because why invest in Bitcoin when you can just invest in tech stocks that cash flow and reinvest?

 

[ions]

it's like burning cash to heat your home because it's the cheaper alternative.

 

[thujone]

doubling down on energy

the time is now