Here is the link.
Four weeks streams of losses
Saturday, September 26, 2020
Charles Scharf: Wells fargo bank CEO
Here is the link.
Early life[edit]
Scharf received a B.A. from The Johns Hopkins University and an M.B.A. from New York University. In 1987, shortly after graduating from college, Scharf was the youngest professional employee at Commercial Credit Corp. Scharf was still a senior at Johns Hopkins University when he started working at the company part-time, having sent his résumé to Jamie Dimon through family connections.
Scharf completed his Executive MBA from Stern in 1991, which he said helped put his work experience into perspective: "In my experience, good business is all about stepping back, asking questions, and accumulating the expertise to make the best decisions, whether those are business decisions or people decisions."[4]
How risky should young investors be? #AskHalftime
Here is the link.
Advice for 20,000 dollars, 24 year old: $10,00 for index fund, and then rest of them pick up stocks if like
NCLH: Barclays says it's time to buy cruise stocks
Here is the link.
The "Halftime Report" traders debate Barclays' bullish call on the cruise stocks.
One of comments:
Barclay's wanting retail investors to buy so fund managers can make a quick buck flipping them.
How do I know that I gamble on Canadian oil stocks from August 31 to Sept 26, 2020?
Sept. 26, 2020
Introduction
It is helpful for me to review my own experience. It is not easy for me to figure out that I gambled on stock market, and ignore all other signals of market downward spiral warnings. To be a gambler, it is easy and straightforward. I like to write down lessons I learn from my own experience.
Investment -> speculation -> gambling
I went back to invest on stock market from May 2019. It took me two months preparation to setup again on TFSA account and also Ameritrade account.
I started from passive investment and then this March 2020 market crash, I waited and fully recovered on June 8. I like to invest on individual stocks by myself. I started my journey. It is gambling experience overall.
First $13,000 dollars purchase on June 8, 2020
I spent over $13,000 dollars to purchase over 20 stocks, and then started my journey. It was not so surprising and I lost over $1000 dollars, and then started to learn how to manage my portfolio in stock market.
August 31, 2020
I did start to purchase over $50,000 dollars Canadian oil stocks in one day. I thought that it is easy, just did what I did on July 31, 2020. I got gains over $3000 dollars on July 31 over $30,000 dollars positions on Canadian oil stocks, HSE.TO, CSE.TO, IMO.TO, PPL.TO, SU,TO, AC.TO etc..
But this time it was $600 gain next day. I was not happy, I did not sell all gains. And then I started to lose money, I did purchase lower price with more fund.
Gambling is not easy to tell. But I think that it is dangerous for me to play with all my 10 years savings. It can go away easily. My July 31, 2020's gain is $3154.00, my August 31, 2020's loss is $6652.00. I think in long term investor's mindset, if the loss is less than my gain $4500, then I will stay as long term investor and wait for rebound.
I am lucky since I only play Canada oil stocks, with more than 2 billion capital business.
Video content for the blog
This is the first time I like to prepare video content for my blog. I think that it will save my time to learn and be a good investor in short future.
Here is the link using Cloudapp. I spent one minute to explain my investment experience.
Here is youtube link.
Actionable items
Followed up on Dec. 11, 2020
It is so surprising to learn so many things after I wrote the blog. I do think that the risk of investing is hard to measure for a beginner like me. I wish that I could do much better and then really hold those stock longer until all of them rebounded.
XOM stock: It takes me 20 minutes to go over the article.
Sept. 26, 2020
Introduction
I am an investor but also depending on luck and kind of gambling. What I like to do is to start to read about XOM stock, and prepare to get back in to purchase more shares slowly. I do not expect to capital gains in short terms, and I like to take some risk to learn how to hold shares, and in the long run I can have a lot of benefits.
XOM stock
This article is so interesting to read, and there are so many things for me to learn. I like to learn a few things through XOM stock investing.
I have 10 shares and now the value went down 18%. I lost over $4500 dollars gains from August 31 to Sept 26 and another $2500 dollar on revenge bet on oil stocks.
XOM stock: Exxon Mobil's Dividend Yield Hits 10%: What Investors Need To Know
Here is the article.
Exxon Mobil's dividend yield has continued to rise in a year that the stock has fallen by more than 50%.
What Happened: Exxon Mobil Corporation's (NYSE: XOM) dividend yield is sitting above 10% as of Thursday.
The company paid out a dividend of 87 cents in September. Based on the ex-dividend date of Aug. 12, the annual dividend rate was 7.9%.
Nuveen's Malik, BofA's Meyer on Pricing Amid Stimulus
Here is the link.
Sep.25 -- Saira Malik, Nuveen's chief investment officer of global equities, says that markets are losing hope for more fiscal stimulus. Michelle Meyer, Bank of America's head of U.S. economics, says that she doesn't see another round of fiscal stimulus before the election, but expects it after the presidential race. They join David Westin on "Bloomberg Wall Street Week."
Here are some highlights for me to reivew:
- 12 million people receives unemployment checks
- Stimulus - market price in?
AAL stock: American Airlines Stock – Wait Or Buy?
Here is the article.
Here are highlights:
- Last 5 trading days - -10.6% drop
- It is an attractive entry point for a long-term investment
- Prediction: Next 21 days, 10% up - probability 30% - AI algorithm
With the resurgence of Covid-19 infections in Europe and the U.S. government’s aid to Airlines about to expire, investors are pessimistic about Airlines stocks. This is why American Airlines’ stock (NYSE:AAL) has dropped nearly -10.6% in the last 5 trading days. So what does it mean for investors? We believe that the near term downside risk to the stock remains meaningful, but the current prices also mean an attractive entry point for a long-term investment. We arrive at our conclusion by assessing American Airlines’ recent market movement from three perspectives:
- Relative positioning in the market
- Underlying financial trends, and
- The output of the Trefis machine learning engine which looks at past patterns to predict near term behavior.
Another 20 - 30% drop - SPX 500 index: Charting the next big drop
Here is the link.
I watched the video again and again over 10 times while I cleaned the room inside my home in the city of Vancouver. I like to take some notes and then share with my friends.
1:07/ 6:21
- Investment risky, 10 drop, and it tends to drop more.
- Mean decline is 27%, cascade to more once it is 10%
- Review four weeks in row - week 5 prediction
- Market leadership focus on technology -
- cyclical, energy vs technology, a few champions - try to recover
S&P 500
- Now down 4 weeks in a row
- Week 5 is up 61% of the time;
- Week 5 is down 39% of the time
- After a 4-week decline, week 5 mean perf. +0.3%, week 5 median perf. +0.63%
3:54
- 2860 SPX -
- 23 days to covid low - 2300
- 90 days go back to level
Big pullback starting from next week
- Break down 3000
- My dip is 20% down from all time high
- 10% down, median 20% - 25% down to buy
- Central government gave support around SPX 2800
Paypal stock: over 100% return from March to Sept. 2020
I like to look into the stock, and also I know one of my friends works there. Recently I paid $200 dollars for SJTU alumni for consultation of stock investment.
I like to figure out when to look into and figure out when to invest the stock for short term or long term.
SU.TO stock: Should You Invest in Suncor (TSX:SU) Stock for Its 5% Dividend Yield?
Here is the link.
Here are highlights:
- The stock is down 61% in 2020 compared to the 6.4% decline of the iShares S&P/TSX 60 Index.
- This massive decline in Suncor stock has meant it now has a forward yield of a tasty 5%, despite the firm cutting its dividend payout by 55% earlier this year.
- Oil and energy companies are languishing at multi-year lows.
Shares of Canada’s energy giant Suncor (TSX:SU)(NYSE:SU) have grossly underperformed the broader market. The stock is down 61% in 2020 compared to the 6.4% decline of the iShares S&P/TSX 60 Index.
This massive decline in Suncor stock has meant it now has a forward yield of a tasty 5%, despite the firm cutting its dividend payout by 55% earlier this year. Suncor, similar to energy peers, has been impacted by the COVID-19 pandemic and falling crude oil prices. While tech stocks have driven the recovery in broader markets, oil and energy companies are languishing at multi-year lows.
So is Suncor Energy stock a good contrarian bet or will its recovery be delayed amid a sluggish macro-environment?
Warren Buffett increased his stake in Suncor Energy
Warren Buffett remains bullish on Suncor Energy and increased his stake in the heavyweight in Q2. According to Berkshire Hathaway’s recent 13F filings, it now owns 19.2 million Suncor shares, up from 14.5 million shares at the end of Q1. The energy space has been a train wreck in 2020 and this gave Buffett an opportunity to buy the stock at lower multiples.
Suncor is an integrated company which enables it to take advantage of higher oil prices by increasing drilling activities. Similarly, it can also hedge against weaker price environments by leveraging its downstream refining operations.
Suncor can refine the crude it produces from Canadian Tar Sands, allowing it to generate robust profit margins on the refined products. The Canadian west coast ports also provide Suncor access to demand markets in Asia, one of the fastest-growing regions in the world.
A weak macro environment
Suncor ended Q2 with a cash balance of $1.9 billion and total debt of $22 billion, giving it enough liquidity to ride out the downturn. It has also lowered capital expenditure forecasts by a third to its midpoint guidance of $3.8 billion for 2020.
Suncor is also trading at a cheap valuation. Its price-to-sales multiple is 0.89 while it has a book ratio of 0.75. However, these multiples are cheap for a reason.
OPEC countries recently provided a grim forecast and expect oil demand to be tepid in the upcoming months. Demand from India, that accounts for 4.6% of the world’s oil consumption is not expected to recover before June 2021.
There is also a threat of another round of shutdowns as COVID-19 cases are rising in several countries including Canada. If these fears come true, investors can expect oil stocks to move lower by the end of 2020.
Suncor reported a quarterly loss of close to $600 million in Q2. It might find it difficult to service interest obligations due to negative cash flows and profit margins. Does this mean investors need to brace for another round of dividend cuts?
The Foolish takeaway
Suncor increased dividends for 18 consecutive years before COVID-19 decimated this capital-intensive sector. Analysts expect Suncor’s sales to fall by 33% and earnings to decline by a hefty 148% in 2020.
Dividend payments are not a guarantee and there is a good chance for Suncor to suspend them entirely if the oil recovery is delayed.
CloudApp Review - Most Useful Tool For Anyone With A Website
Here is the link.
CloudApp -
In this Cloudapp review, I will explain what the tool does and why its such an important tool for you to use. This is one of those apps you will use everyday.
8 Best Video Recording Software For 2020 | CloudApp
Sept. 26, 2020
I like to start to record videos for my blog. It is helpful for me to help myself to grow as an investor and also a software programmer
Here is the article.
CloudApp
Out stock: My purchase history
Sept. 26, 2020
I like to write down my three month share holder of Out stock. I bought highest price on June 8, and held it for long term. Since I worry about another 20-30% loss in short future, so I sold them even though I should sell it high and buy it low, but I was too busy to understand the market swing of Out.
What I should do is to invest some shares around July 2020 at lowest point, and then sell them at highest point around Sept. 2, in-between I should ignore up and down and then take the whole profit around 15%. (July 10, 2020, $13.38)
Three months for over 15% return, it is for a mature investor to do easily.
Actionable Items
I am busy learning cloudapp, and then record some video and audio for each blog. The learning of stock investment should be rewarded, my time is limited and I like to take advantage of my energy and investment of time and effort.
Friday, September 25, 2020
Samsung S6: Factory reset - Need the storage | Troubleshooting | My tracing log after factory reset on Sept 24, 2020
Sept 24, 2020
Samsung S6 phone - reset factory setting
I finally had time to work on Samsung S6 phone reset. The storage is 30 GB, and last few months I ran out of storage all the time, but I could not figure out how to find storage back. I decide to get factory reset.
Here are highlights:
1. Download wechat photo to my USB drive first;
2. Login Samsung cloud, and find my 6 GB photos of Gallery app;
3. Ready to reset factory setting
4. Advice - There are over 25GB storage
5. Do not connect to Samsung cloud - internal storage will take 7 GB - samsung cloud used space
6. Do not connect to Google drive or Google phone - it may take another 5 GB
7. Need to run strava app for my running, GPS app for my driving - offline map, wechat for my daily activities
8. Need to cut cost and time to maintain the mobile phone
9. Regularly backup photo using Samsung cloud - start to use it, I never used before. It is good product, I Should spend time to get familiar with it.
Things to do:
- Add Chinese language keyboard
- Download Skype app
- Download wechat app
- ...
Sept. 25, 2020, 24 GB storage available.
Sept. 26, 2020, 22.2 GB storage available.
Sept. 25, 2020, 8:18 PM, 20.4 GB storage available
Sept. 29, 2020, 17.8 GB
Oct. 6, 2020 16.9 GB
Oct. 6, 2020 16.9 GB
Oct. 22, 2020 13.9 GB free
Oct. 27, 2020 11.4 GB free
No. 9, 2020 8.5 GB free - using PowerDirect to record videos, 300 MB for one video.
Feb. 3, 2021 install outlook, storage 5.9 GB, install wealthsimple app.
Follow up March 16, 2021
March 16, 2021 3GB free, installed Wealthsimple, thinkorswim, outlook, edge, teams, BC service card, reddit, edge, whatsapp, Twitter, Zoom, GoToWebinar, LinkedIn, PowerDirector, Seeking Alpha, Skype, Wechat, Youtube,
Need to upload some videos and store in my own computer
Follow up on May 24, 2021
Storage only 500 MB, and I need to review what I have done, and work on the task to get storage space back.
Ran wechat storage app, and released over 2 GB storage by deleting history from wechat groups.
Wechat app takes 14 GB storage.
Click on the 'Me' man on the bottom menu
Go to Settings > General > Manage Storage
Follow up on May 31, 2021
Need to get more storage, only 1300 MB available.
Wechat app - biggest consumer of storage -
storage used: 11.6 GB
chat history: 3.4 GB
Cache: 669.6 MB
Need to manual remove images from investment group, now it takes 2.3 GB
web.config: AppSettings In web.config
Here is the article.
Please take a look how the introduction is written.
ASP.NET provides a configuration system we can use to keep our applications flexible at runtime. In this article we will examine some tips and best practices for using the configuration system for the best results.
The <appSettings> element of a web.config file is a place to store connection strings, server names, file paths, and other miscellaneous settings needed by an application to perform work. The items inside appSettings are items that need to be configurable depending upon the environment, for instance, any database connection strings will change as you move your application from a testing and staging server into production.
What's New in AJAX Control Toolkit
Here is the article.
If ASP.NET is your web development platform of choice, odds are you familiar with the open-source AJAX Control Toolkit. If you've used the toolkit in the past, you also know that for quite some time, the project was poorly supported, with an ever growing list of critical issues. Seeing the demand for such a library and considering its current state, we approached Microsoft and suggested that we help bring the Toolkit back into a dependable and usable state. Needless to say, Microsoft agreed. The good news is that since we took on this responsibility, we've managed to clean up the codebase, introduced improved Visual Studio support, and fixed nearly 900 bugs.
Download the DevExpress Edition of the AJAX Control Toolkit today, evaluate it in your project and let us know what you think.
Elmah: web config - need to update it
Here is the article.
Securing your ELMAH log is a subject that have been touched upon in multiple presentations and blog posts. ELMAH itself even provide some great documentation, but questions on the subject still pop up on StackOverflow on a regular basis. I believe there's room for some extended documentation, giving you the full picture of the options available. This post is my attempt to demystify ELMAH security.
ELMAH comes with a couple of features for adding security to your logs out of the box. Basically they all focus around securing access to the URL /elmah.axd added automatically as part of the installation through NuGet.
INTC stock: Wait for at least two days for new low
Sept. 25, 2020
I like to write down my intel stock investment experience. I like to wait for new low.
INTC stock: Options - I have to learn and think about carefully
Here is the article.
Take some time to read, and I should get ideas how to talk about options in English first.
Setting A Stop Loss
You can calculate the maximum loss by taking the difference of the spreads minus the premium collected ($2.50 — 65 cents). If INTC stock closes above 52.50 on Oct. 16, the premium seller loses $185 on the trade per contract. No matter how far down Intel goes, the loss on this trade won't get bigger than that.
For a trade like this, I would set a stop loss if the spread doubled in value to $1.30. Remember, when the spread trades at a higher price than your credit of 65 cents, you are losing money.
Also remember that options are risky and investors can lose 100% of their investment.
SU.TO stock: Forget Suncor (TSX:SU): Buy This Cash-Rich Energy Stock Instead!
Here is the article.
I will add some notes here, what I should learn from the article.
It has been another challenging year for TSX energy stocks. Suncor Energy (TSX:SU)(NYSE:SU), one of Canada’s largest integrated oil producers and refiners, has had a particularly difficult year in 2020. Year-to-date its stock is down 60% and it is only trading 13% above its March crash lows. The company cut its dividend by 55% in May, and has failed to create any real stockholder returns since the pandemic.
Suncor will survive, but can it thrive?
Fortunately, Suncor can produce oil at a very low cost and has a fund flow from operations break even (covers enterprise operating costs, sustaining capital, and dividends) of only West Texas Intermediate (WTI) US$35/bbl. Combine its long life assets, its integrated operations, and its low cost of production and the company will undoubtedly survive this crisis. However, when investing, I don’t want to own companies that are just surviving. I want exposure to businesses that can prosper, even in difficult markets.
The reality is, Suncor’s stock and the entire oil sector is very cheap. Suncor trades at a 26% discount to book value. At some point, the world will likely recover and oil demand could return to a healthier level. At that time, the stock could have some attractive upside. Yet for me, at the moment, I would choose to keep my money on the sidelines.
NCLH stock: My lousy gambler - an investor - short story
Sept. 25, 2020
Introduction
I came cross the article talking about betting on returning on sail end of Sept. 2020. So I started to bet on NCLH stocks, I like to write down my lessons and what I can think about how to do do better. It is hard for me to play downward spiral market. I lost near $500 when I first placed NCLH bet, next day some rebound, and then another loss which was Sept. 24. Today it is Sept 25. The story can be helpful for me to train myself to think better.
NCLH stock
I did purchase quickly when I had over $12,000 dollars cash in my account, I purchased NCLH, and then also AAL stocks as well, next day there was over $400 dollars loss. I purchased when the market crashed.
Sept. 18, last Friday - crash - is downward - denoted as No. 1
Sept. 24, this Thursday - second downward - morning hour first hour, denoted as No. 2
I lost $27 dollars in short investments. Here are highlights of lessons:
- At first, I purchased 200 shares of NCLH stock once. I should start from small shares, like 50 shares; I bought after crashes on Sept. 18, 2020. It is in one of series crashes in last seven days.
- NCLH went down over $1.50 cents, my loss of 200 shares is near $300 dollars.
- On Sept. 24, 2020, there was one hour crash, and NCLH went down $14.36/ share. I purchased another 40 shares. At that time, my cash account had $4000 dollars, I also tried to purchase SAVE, AAL, I was not sure if NCLH would be 9% rebound next morning. I just told myself, do not gamble, buy low and sell high. Do not risk everything. I need those retirement money.
- At that time, I was struggling in my TFSA account, over $800 dollars loss in revenge bet.
- I should bet on NCLH, cruise line, I have some cash over $30,000 US dollars in my TFSA, I should bet on short rebound, even though TFSA will have 30% tax on return.
- It is better for me to sell all other positions in my Ameritrade.com, and bet on NCLH rebound.
It is tough for me to see my balance went down from $20,500 in less than two weeks, down to $19,500, and then down to $18,800 dollars.
I like to write down lessons I learn, and how to invest and know where to play, how to set up positions properly. NCLH is the great business in the world, every day average volume is over 5,000,000 shares.
Finviz about NCLH - over 8000 employees
I only write for 12 people wechat small group. I spent half hour to put together my thoughts. It is hard but it takes some risk, and do not think about long term. Focus on short term momentum, bet on investor selloff, not rational, and try to reason that it is good for long term return on NCLH.
Since NCLH stock may go up $10/ share once there is any good news about corona virus or vaccine. Now it is on the plan to recovery.
It is not 100% gamble. It is still investment. For short term benefit or long term benefit.
Thursday, September 24, 2020
Understand market: I won by accident and then I lost by ignorance
Sept. 24, 2020
Introduction
I gained over $4500 dollars from July 31 to August 31 in my TFSA account, and then I lost all my gains and also my capital $2579 dollars from August 31 to Sept 24. There is 10% market risk since SPX goes down 10%, and then extra ones is my risk to bet on those HSE.TO, SU.TO, IMO.TO, CVE.TO instead of ENB.TO and PPL.TO. I like to learn the lessons.
Stop gambling and learn basics
I like to take off my market investment, and then work on $6000 dollars in the market. I do believe that market is going down with more corrections. Even though 5% will be dividend for those oil stock, market may go down 20% to 30%.
It is not easy to deal with gambling thoughts and bad habits. I do need to continue to study more and then build good habit to invest.
Make my life easy and relax, do not try to make money in bear market, in correction time.
Downward spiral: Market is hard to play and I like to work on my homework
Sept. 24, 2020
Introduction
I got another over $600 dollars loss on my TFSA account, since I like to take some revenge bet and take risk to purchase HSE.TO $2000 shares and 1000 shares of VCE.TO. I like to save my capital, and continue to play with small amount. What I like to do is to work on small amount, and then sell in the morning and buy in the middle of day, and sell if I can.
Setup orders to sell
I have to work hard and think about what I can do. My Ameritrade.com also recently lost over $500 dollars in market value, I did not time the market, and put $7000 dollars in the market in a day. After I purchased NCLH and AAL, it went down over $400 dollars.
Stop gambling: HSE stock rebalance
Sept. 24, 2020
Introduction
It is hard for me to admit that I tried to gamble on Sept. 22, 2020. I purchased 2000 shares of HSE.TO, and I bet on a rebound, each cent of HSE.TO goes up, $20 Canadian dollar return I will have. I like to write a short report and make corrections from gambling behavior.
Invest - not gambling
It is hard for me to live a life as a gambler. I like to take some time to purchase Canadian oil stocks, spread the risk, and then average down the risk, I can have 2000 shares of HSE.TO at lowest price as possible.
Market is downward spiral, and I like to play with the market; somehow I need to respect the market, let it go anyway it likes to go.
I am Canadian citizen, I have a full-time job
I am a Canadian citizen, and I have a full-time job. I do not have debt. I can enjoy surfing stock market. As long as I do not need to make money, I can easily learn something. Over the long run, I can benefit from learning and stay in the market all the time.
Do not time the market, stay in the market
I like to play with market. Do not time the market, stay in the market.
SAVE stock: Spirit Airlines Shares Down 41.8% Since March: Here's Why
Here is the article.
Perf Week -13.32%
Perf Month -11.70%
Perf Quarter -4.96%
Perf Half Y 0.75%
Perf year -55.96%
Perf YTD -60.11%
Spirit Airlines, Inc.‘s SAVE shares have shed 41.8% of value since March compared with the industry’s 24.6% decline.
Reasons for Dismal Performance
Like other airlines, Spirit Airlines is reeling under the effects of the coronavirus pandemic. The demand scenario, which started deteriorating in late January, began to worsen in mid-March.
Due to declining passenger revenues (down 51.7% in first-half 2020), the carrier reported wider-than-expected loss in each of the two quarters of 2020. With traffic plunge outpacing the capacity reduction, load factor (percentage of seats filled by passengers) tanked 14.4 percentage points during the first half of 2020.
Due to an unprecedented drop in passenger demand, the company’s April and May capacity was lowered by approximately 75% and 95%, respectively. The same for June fell approximately 95%. For the third quarter, capacity is expected to drop approximately 32% year over year.
Notably, due to capacity cuts, unit costs are increasing substantially. Evidently, in second quarter 2020, cost per available seat mile (CASM) excluding operating special items and fuel, escalated more than 100%.
NCLH: Norwegian Cruise Lines: More Rough Seas Or Time To Buy?
Here is the article.
Here are highlights:
- Last 5 trading days, -12.4%
- S &P moves down -2.8%
- It takes longer than expected for the cruise industry
Cruise operator Norwegian Cruise Line Holdings’ stock (NCLH) has fallen nearly -12.4% in the last 5 trading days, which is a much sharper decline compared to the S&P 500 which moved down -2.8%. What is driving down the stock? The simple answer is - it may take longer than expected for the cruise industry to get back on its feet. Why do we say that? There are indicators such as a fresh wave of infections in key European markets and rival Carnival Cruises disposing of higher than expected ship capacity. So what happens next? Does this move suggest further downside or is this a good time to buy? We think that while in the short run the stock may fall, it is likely to be a good long-term bet considering current levels.
Wednesday, September 23, 2020
Take a break: Let stock market correct and go back to normal stage first
Sept. 23, 2020
Introduction
I am planning to take a break, and let stock market cool down. I already lose all my gains over 15 months, but market is still going downward.
Take a break
I like to take a break. Only invest less than $3000 dollars on IRA account and $3000 dollars on TFSA account.
I have to set my goal to learn about market, build some skills. I should shift my focus from making quick money to learn about more about business.
Addiction: The Downward Spiral of Trading Addiction
Here is the article.
The most dangerous thing is to prevent addiction. It is like heroin, I do believe that my July 31, 2020 over $30,000 dollars investment and gains over $3100 happened for reason, since August market return is over 10% for Nasdq 100 index.
I should relax and limit hours to watch market, time to read about stock market.
Best investor should stay calm, and set limit to think about stock market. If I cannot do it, then I should stop investing.
Stock investment: Tough day for Ameritrade.com IRA account
Actionable Items
I like to think about how to continue as an investor. As a beginner, it is so important to avoid big loss. To avoid market risk, it is important to set limit of daily loss and weekly loss, and monthly loss.
I have to think about how to set this limit, and work more using stop loss order. Another idea is to hold $15,000 dollars cash, and only invest $3000 dollars.
I should do that when I had balance around $22,000 on June 8, 2020. What happen is to try to purchase more stock if my balance goes up.
Market correction: Life is tough with another $800 dollar loss in one day
I started to gamble on market, but my speculation again is not working. I have to simplify my investment, stop loss on more than $200/ day, or only trade on small amount. But with bad habits and all other issues, I did experience loss of over $800 dollars.
I thought about stopping loss when loss is around $300 dollars. I sold SU.TO 500 shares with $30 dollars gain, $9000 dollar capital. When market went down, I calmed down. I sold 1500 shares of HSE, and I know that HSE.TO is hard to rebound, I am in better situation to hold TRP.TO position instead.
It is hard to discipline myself, avoid market loss with a 5% correction. I have to go back to think about another 20% loss of NASDAQ 100, and how I handle those market risk. Can I play good game as an investor.
Suncor stock: 500 shares purchase on Sept. 22, 2020
Sept. 23, 2020
Introduction
I am speculating on Suncor stock. I lose over $1800 dollars from August 31 to Sept 22, so I like to purchase 500 shares to recover some losses, and invest for long term.
Suncor - more reading
Here is the article.
Why Suncor Energy lost momentum this month
In 2017, Suncor’s then-CEO Steve Williams said that the Canadian oil sands would still be operating 100 years from now. The statement illustrated Suncor’s ironclad confidence in the sustainability of its business model. Shares of Suncor have dropped 58% in 2020 as of close on September 22. The stock is down 18% month over month.
Investors can expect to see its third quarter 2020 results in late October. In Q2 2020, Suncor reported an operating loss of $1.49 billion or $0.98 per share – down from operating earnings of $1.25 billion or $0.80 per share in the prior year. The company posted total upstream production of 655,500 boe/d – down from over 800,000 boe/d in Q2 2019. It was forced to adjust due to lower demand.
Shares of Suncor last had an attractive price-to-book value of 0.7. It last reduced its quarterly dividend to $0.21 per share. This represents a solid 4.9% yield.
WDC stock: From 300 shares to 0 shares
Sept. 23, 2020
Introduction
It is tough for me to learn as a beginner on stock market. I purchased 300 shares of WDC in August, now I do not have any share. Today WDC has over 10% gain, +3.00 dollars. I like to write a small case study on this.
What I learn
I purchased on earning day, 10% loss. So WDC went down another 10%. I hold it long enough, and it rebounded. I sold for profit for $100 dollars.
I read articles about WDC. I knew that intrinsic value is more than market price. It is undervalue stock.
Here is the article today.
Perf Month 8.19%, Perf Quarter -16.18%, Perf Hahlf Y -9.88%, Perf Year -40.20%
Tuesday, September 22, 2020
Stock comparison: SU.TO vs IMO.TO
Here is the article.
I did purchase 500 shares of SU.TO, and I like to take some risk to hold those shares for long term.
What notably differentiates these two is their current valuation. Suncor Energy is currently trading at an EV-to-EBITDA valuation of six times, while Imperial Oil stock is trading close to 11 times earnings. Suncor Energy stock is currently trading at $17, very close to its 15-year lows. It looks attractive from the valuation perspective and could see faster recovery post-pandemic. Suncor’s current valuation is way below its historical average as well as against peers’ average.
Bottom line
Suncor Energy is a fundamentally strong company and will likely reward long-term investors. The stock might sport above-average volatility in the short term, given surrounding uncertainties. However, given the large downstream operations, a fair yield, and attractive valuation, Suncor Energy looks like a more worthy bet.
Oil stock: Oil rises on expectation demand can survive new lockdowns
Here is the article.
LONDON (Reuters) – Oil prices rose on Tuesday as analysts took the view renewed lockdown restrictions would have only a limited impact on fuel demand, partly reversing a steep drop in prices the previous day.
Brent crude LCOc1 was up 54 cents, or 1.3%, to $41.98 per barrel at 1033 GMT.
U.S. West Texas Intermediate (WTI) crude CLc1 for October, due to expire on Tuesday, rose 63 cents, or 1.6%, to $39.94.
The more active November contract was up 45 cents, or 1.1%, to $39.99.
Markets were nervous about fuel demand in countries such as Britain, where the government will tell people to work from home again and will impose new curbs on pubs, bars and restaurants.
Monday, September 21, 2020
KOHL stock: Kohl's Cuts Corporate Staff Again to Reduce Costs
Here is the article.
Back in February, Kohl's (NYSE:KSS) announced that it was laying off 250 corporate employees in an effort to streamline its management, speed up decision making, and cut costs. Those moves were designed to bolster the retailer's efficiency and improve its competitiveness following a disappointing 2019.
Of course, the COVID-19 pandemic and related disruption to store traffic for discretionary retailers like Kohl's has made maximizing efficiency more important than ever. As a result, Kohl's recently decided to reduce its corporate workforce even more aggressively.
ENB.TO stock: I should bet a rebound today
I should invest 200 shares of ENB.TO and catch a 2.28% return. I should take some risk. I have over $6200 dollars loss on Canada oil stocks, and loss on ENB.TO is $145.00 dollars.
Actionable Items
Sept. 23, 2020
Do not be a gambler. I should focus on basics, learn how to work with limited capital; build up strong technical skills first.
As a good investor, I should feel better to sleep until 8:00 AM; I do not need to rush to get up around 6:20 AM, and wait for market open.
TRP.TO stock: I should bet on quick rebound - $1/ share in a few hours
Sept. 21, 2020
Introduction
It is time for me to review my chance to catch a rebound with $1/ share this morning. It is risky but it is reasonable.
TRP.TO stock
What I should do is to purchase 200 shares of TRP.TO at price $58.32. It is chance for me to recover partial loss on this stock from August 31 to Sept. 21, 2020.
ROKU stock: Here's Why Roku Stock Is Soaring Even Though the Market Is Down Today
Here is the article.
Shares of connected-TV platform Roku (NASDAQ:ROKU) were climbing higher on Monday morning even though the market was broadly down. That's because the company announced a deal with Comcast's (NASDAQ:CMCS.A) NBCUniversal to bring its streaming-video channel Peacock to Roku's platform.
As of 10:15 a.m. EDT on Monday, Roku stock was up 14%. For the year, it's up 36%, handily beating the market.
More about video streaming service - ROKU platform
Peacock was one of the few prominent streaming video-on-demand services not available on Roku. NBC's other channels were there. But the two companies were actively negotiating a deal for Peacock. And, as of Friday, it wasn't going well.
According to the website The Verge, all of NBCUniversal's channels were about to be pulled from Roku, unless Roku agreed to NBCUniversal's terms for Peacock. A Roku spokesperson told The Verge that NBCUniversal's terms weren't favorable. Likewise, NBCUniversal said Roku's demands were unreasonable. But something happened over the weekend, and NBCUniversal's channels are staying on Roku, and Peacock is launching on the platform in the next couple of weeks.
Stop loss: Key largo Ameritrade.com account losses from over $600 to $400
Sept. 21, 2020
Introduction
It takes a lot of mistakes for me to build a routine to stop big loss on my Ameritrade.com. I used to get those daily swing over $500 dollars a lot of times, but once I got educated and learned that it is most common mistake as a beginner investor, I like to write down my mistake every time until I can learn how to prevent it.
Daily big loss over $600 dollars
I did purchase over $7000 dollars last Friday three stocks, INTC 70 shares, AAL 100 shares and 200 shares of NCLH.
I did not learn the importance to prevent big loss, since AAL and NCLH are most speculated stocks right now. The losses can easily be over 5% to 8%.
This Monday morning the crashes of market caused loss over $600 quickly.
4 PM PST time
The stock market is full of gambling, manipulation and there is no discipline on stock price. It is so challenging for a beginner. I try to focus on basics, build good habit to work on small position, and trade more often, and stop big loss.
NCLH stock price
Actionable Items
It is easy for me to make this trading day with some gains. If NCLH has trailing stop at 0.2/ share price drop, then I can purchase back when there is 8% losses. So it is easy for me to have more shares with the same capital. 6% is difference, around $200 dollars. At least I can make 2% gains.
NCLH stock is very speculating, right now the sail order is due end of September. But right now the coronavirus will take more more for NCLH stock to go up again.
Being a responsible person in stock market. One idea is to play small size, learn from my own mistakes first.
Avoid big loss: Set stop loss - save $300 dollars
Sept. 21, 2020
Introduction
It is challenge for me to train myself to be frugal person. I have to cut relationship with my relatives, asking me to pay bills, abusing me. But it is more challenge for me to train myself thinking in defense way. As a single person, I have to learn how to understand myself in psychology in investment, and also focus on to avoid big loss.
Set stop loss - easy but I did not do it
I should have set stop loss, so this morning I can avoid NCL -255.00 losses and AAL -88.92 loss.
I already learned to set trailing stop, but I forgot to do it. So I need to work on my thinking process, starting from defensive steps, and then move to take risk part.
I am a single person, but I do have a wechat group to chat with investment. I need to learn how to build good habit, routine to prevent big loss first.
This may have happened from March to Sept. 2020 hundreds of time, but last two weeks I learn that beginner common mistake is not to avoid big loss. I need to start to learn how to put into my planning, weekend projects to work on.
My two losses
Project management: 90% of investors are not good at project management, I am one of them
Sept. 21, 2020
Introduction
I take risk to purchase NCLH and AAL last Friday when there are over 5% loss, but I did not set up stop loss before this Monday. Market crashed again, and I have big loss over $551.07 dollars. It is my habit, and it is also my project management skills. I like to write down my lesson.
My preparation
Last Sunday night, I spent a few hours to prepare market open. I thought about revenge bet on Canadian oil stocks, and then my friend in wechat told me that prude oil price went down; I did not set purchase of all my $60,000 dollars cash. I studied what are revenge trade carefully.
Next I thought about how to bet on oil stock in my IRA account.
I know that investor likes to selloff since it is better to take profit and then run. I should set stop loss to prevent loss. I need to learn basics - how to protect the value of my portfolio.
I need to focus on learning this skills. Ameritrade is free to buy and sell stocks. Also I made mistake to purchase extra 100 shares of NCLH.
Actionable Items
My positions had over $600 losses in the early morning.
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