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Wednesday, October 2, 2019

It's getting usual on the TSX

It's been another rough day for the TSX, but at least, we are still in the 16 000 points. It's quite interesting to see how quickly the TSX can gain or lose points... Sometimes, quick gains period are being followed by big drops... Also, the fact that we are in an election period in both the US and Canada is not something that is helping my case. Anyway, the good news is that we saw the TSX in the 16 700 points. We had been there, we can make it again in a close future. Now the 16 700 points are just business as usual kind of number. It's not an impossible or unknown number for the TSX anymore.

It's of course never fun to see the TSX going on, but this is nothing usual. The stock market is always going through some crazy ups and downs. In a certain way, it shows it's vitality and for me, the TSX is more than a market place. It's almost like an entity of its own and doesn't stop growing, no matter what. I am quite happy, nevermind the TSX because I have an upcoming vacation to New Brunswick coming up and the best thing of all, it's happening during the hunting season right in time for Thanksgiving! I am always super excited around this time of the year, for all of those reasons. The weather is getting colder and we can easily feel that change is coming up, in all kinds of different aspects. I like this current type of weather. It is making it a lot easier to wear makeup, among other things.

My non-registered portfolio closed today on $115,010.71‬, my TFSA portfolio at $79,599.63 and my RRSP portfolio at $46,018.21. For now, I don't have any investment idea in mind, especially knowing that I have a few vacation days coming up, and after that, Christmas will be coming in a hurry, so I don't think I will be making any new investment move for 2019. However, I am still looking from time to time for stocks on Stockopedia. I am still taking a look at some of my favorites that I don't own yet like for example Mainstreet Equity Corp. (MEQ). Why I don't own that fabulous stock in my portfolio? Other than that, I am quite happy not to be holding to any Lightspeed POS Inc. (LSPD). I had played on LSPD at the right time. I wouldn't be tempted at all to perform day trading on that one, that's for sure. LSPD had its time of glory, I made a bit on it, and now its time to move on.

Lightspeed POS Inc. (LSPD) is no longer a TSX little darling, trust me on that one. Now is not the time to play on the TSX.

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