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Tuesday, March 19, 2019

Great day for my net worth, but bad day for Canadians

I have never been a fan of Justin Trudeau, but today, baby face Andrew Sheer and members of his Conservative Party really pissed me off. The scene makes me remembered of when the poor Theresa May was desperately trying to get a consensus for the Brexit, but members of the government were just making so much noise! Its such a childish attitude coming from so-called representatives of the people. Back at the time, I was a bad girl and taught of Ukers were such a bunch of miserable people. But today, it was our turn. This is not supposed to happen in Canadian society. We are perfect, we are the best. The federal budget is quite something important, but by creating such a chaotic scene, the Tories made it impossible to listen to Bill Morneau presentation speech of the 2019 federal budget. I would like to listen to what Morneau had to say, I was waiting for it. I was actually listening to BNN, but I taught the problem was coming from BNN... Anyway, I am really not impress by Andrew Sheer, I sincerely prefer having another 4 years with Justin Trudeau, rather than having Andrew Sheer as Prime Minister. In my belove New Brunswick province, things are slowly getting better. We had been able to pay down some debt and generate some income.

Despite being an English man, our representative Blaine Higgs is not cutting off into the bilingualism of the province, which is quite good. French communities don't have to be scare. And as you might know, I am a New Brunswicker coming from one of those Acadian French communities. I am saying Acadian French, because being French, and being Acadian French is not the same thing. I wasn't able to vote at the last New Brunswick elections for the simple reason that I, unfortunately, live in Quebec province, but I was quite scared of Blaine Higgs and I saw only in him an English man who doesn't speak any French, despite the fact that he had all of his life to learn. Higgs is quite an old man, he doesn't have the fresh years of Brian Gallant, but at least, it's looking like New Brunswick is going somewhere, for once. While coming from such a poor province where finding work is so hard, you get to appreciate your money, even more, when you get the chance to have some. And not only do you get to appreciate that money, but you certainly do something with it, because you learned, a long time ago, how much those bucks are precious, you get to be smarter than anyone else - as you might know it.

:-)

The federal budget presents a few good things, but it's being said that it's not a budget that will protect us much in the eventual case of a recession. That upcoming recession, it's being talked about so much that I think that all investors, major or small, see it in their soup. We are waiting for it to come. But I don't want it to come. Can I please have it easy for once? Maybe we are in a recession right now and we don't even know it. Anyhow, recession or not, my non-registered portfolio closed today session at a really good $124 212.53, my TFSA portfolio at $69 403.15 and my RRSP portfolio, stocks only, $42 074.45. The numbers are only getting higher. I believe my net worth is in the $220 000 right now. Let's go. I am not going to stop here. No sign of recession in my investments. I am just too good to be real.

Lightspeed POS Inc. (LSPD) is no longer so good and keep going down. I am not expecting to repeat any day trading move on this one. Since last week, when I quickly sold LDPD, I didn't get back in and I am quite happy I didn't. 

Sunday, March 17, 2019

Lightspeed POS Inc. (LSPD): my best Canadian stock for day trading

This past week had been an interesting one. My non-registered portfolio closed this week session at $123 319.022, my TFSA portfolio at $69 518.37, and my RRSP portfolio - stocks only - at $41 808.09. Many great things are going on. Currently, my investment is Pembina Pipeline Corporation (PPL) is exceeding the $31 000 value. In my TFSA portfolio, Derek Foster stock, General Mills Inc. (GIS), remains in the positive zone, with a tiny, but still, again, at least, of 3.17%. 

It's been a long road for GIS but now we are all set, and I hope for more gain. Sometimes, a stock will register quick gains inside of my portfolio - and sometimes, it's not the case, it somtimes takes some time. In that matter, I can only think of my Richards Packaging Income Fund (RPI.UN). I acquired RPI.UN for my RRSP portfolio back... in 2016! It took some time for my investment to register some capital gain, but it eventually did. And I am currently on a gain of 63% with Richards Packaging Income Fund (RPI.UN).

Sometimes, before starting giving some positive results in a portfolio, a stock will need to take the time it needs to breath, take its air and just be, for a little while. It's always kind of frustrating when a stock is not performing well as quickly as we would want. Another example of a stock which I had difficulties to hold at first: Nutrien Ltd. (NTR). Its been a rough road for NTR, but the current Nutrien Ltd. (NTR) performance has nothing to do with my late Agrium shares - but at least, NTR had started provided some serious $$$. Inside my TFSA portfolio, Sienna Senior Living Inc. (SIA) is sitting on a shy 2.29%. However I am glad because I started getting scared that SIA may be caused some capital loses when I started realizing that this little one wasn't going to be a top-notch performer, but it didn't - at least so far.

This past Wednesday, I placed a quick buy-and-sell move on Lightspeed POS Inc. (LSPD), and ever since, I had been carefully watching how LSPD had been doing. I had in mind to go back in LSPD again and place another hot sell in the fire, but the title had been going more down than up, so I didn't proceed. LSPD is on a hot momentum right now. I had been day trading, and many others are doing the same damn thing. That's what this reader doesn't seem to understand. That's where is coming LSPD volatility: from sweet day traders like myself who had been smart enough to target Lightspeed POS Inc. (LSPD). I am not in tech stocks, so I proabably ever be investing in LSPD, but I may, again, day trade it's ticket - one more time.

Wednesday, March 13, 2019

Day trading Lightspeed POS Inc. (LSPD): this one is fun for real!

I wrote about Lightspeed POS Inc. (LSPD) and it only "light-up" the idea for some little day trading. I had been waiting for the right stock to proceed and thankfully, Lightspeed POS Inc. (LSPD) appears to be on the right momentum, enjoying intensive spotlights. Currently, on the TSX, LSPD is highly popular, LSPD is among the most actively traded companies on the TSX! And guess what, your little favorite took part into the action!

I am mostly what you may consider an "investor", and mostly a dividend oriented investor for the biggest part. I like to target stocks for the long run. I had been investing in stocks for now over 10 years (actually 11 years now), and it's quite nice to see that I still hold stocks that I had been holding on for 11 years. I love to invest, but I also like to trade from time to time. What I define as trading is holding a stock for a short period of time, and selling quickly while it's possible to make some money out of a quick buy-and-sell move. It's easier for me to be an investor rather than a trader because I had an "investor" for 11 years now. And I didn't place many quick buy-and-sell moves during those 11 years. My instincts are mostly on the investment side, and not trading. But in 11 years, I saw different things and it helps me to understand that, even if a trade move is done for a quick move, once money is invested, you need to invest it into something solid. Always target quality stocks, and you'll even be able to day trade on them once in a while if you really want to.

Internet and YouTube is full of so call traders. You'll find many investors being at the search of penny stocks to trade. Personally, penny stocks are out of my lead, but the idea of day trading penny stocks is quite appealing. And many personalities play on that "easy money aura", like for example Timothy Sykes who's my little favorite on that field. I even taught about following his courses at one point. For now, I still don't like penny stocks. I prefer to invest and trade more solid stocks.

Personally, I find that Lightspeed POS Inc. (LSPD) is the perfect stock for day trading - at least for now. Today, it took me only 43 minutes to make $106 - after commission fees - out of LSPD. I place the trade using my margin account. I was anxious at first, but quickly following my buy move, LSPD registered some serious gain. If I would have wait more, I would have made even more money, but while trading, I always choose to escape from the trap when I can, rather than being find stuck there - not being able to sell for profit.

I think that LSPD is in the game for even more growth. I can easily see the stock reach the $25 per action. But here again, it's only based on impression, on the current momentum that the stock is on right now. But remember that this momentum could eventually stop without any warnings. 

Tuesday, March 12, 2019

All spotlights on Lightspeed POS Inc. (LSPD)

Many great things are going on right now for the TSX. Currently, my non-registered portfolio closed today session at $123 769.33, my TFSA portfolio at $69 515.62 and my RRSP portfolio at $41 655.85. It's quite exciting to see my RRSP stocks portfolio exceeding the 40k mark. A great stock of mine that I had been holding on to since 2017, CGI, is doing quite great. CGI Inc. (GIB.A) recently made an offer to acquired an IT firm that operated in Europe: Acando AB. Those are great news for all CGI investors. Inside my RRSP portfolio, CGI Inc. (GIB.A) is on a 32% gain, which is quite great. Truly,  CGI Inc. (GIB.A) is the perfect stock, with the perfect chart, please see for yourself:



CGI Inc. is really perfect, but every bad girl has it's little glitched. And CGI is that it doesn't pay any dividend distribution. CGI is a company based in Montreal and its probably one of the best of all Quebec companies trading on the TSX, if not THE BEST Quebec company that is currently trading on the TSX.

These days, another Quebec company is stealing the show on the TSX: Lightspeed POS Inc. (LSPD). Lightspeed POS Inc. entered the wonderful world of the TSX just a few days ago. At first, LSPD made me taught of Shopify Inc., but Lightspeed is not exactly like Shopify. From what I understand, LSPD is an inventory platform for businesses and Shopify is an eCommerce platform. Currently, Lightspeed POS Inc. (LSPD) is enjoying strong momentum. Since the stock is a newcomer on the TSX, Stockopedia doesn't have any data on LSPD yet so I can't get this time that second opinion, a second opinion that I am now too use to get. I am really spoiled. However, my idea on Lightspeed POS Inc. (LSPD) is that it could make an interesting stock pick for a quick hit-and-run move.

Like CGI, LSPD doesn't pay any different, but the similarities between the two stocks stop right there. Lightspeed POS Inc. (LSPD) doesn't have, and won't have any time soon the same really strong historic that CGI Inc. (GIB.A) has. So if you want to play, and play only, LSPD is a good one, to play in the short run. I made a quick comparison between Shopify and Lightspeed, but Lighspeed also include some eCommerce stuff, and I am pretty sure that Shopify also offers some inventory feature... Maybe one day Shopify will be looking forward to buying Lightspeed POS Inc., it would be quite a logical move. We'll have to see about this prediction but so far, I have the feeling of quite a really fresh arrogant management team coming from the side of Lightspeed POS Inc. Is LSPD a good stock for the long term? No. But if you want to play, go for it. As I feel LSPD has super fresh management, typical of Quebeckers. I am however confident that LSPD is relatively secure in the short run. I will keep watching this one and we'll see if I go for a quick buy-and-sell move on this one. It seems to me that I didn't play in a long time. So this is it. Lightspeed POS Inc. (LSPD) could be the perfect partner for a hot one night stand that could be quite lucrative. $$$ As for CGI, its forever everrrr love.

Other than that, inside my TFSA portfolio, my newest investment, SIR Royalty Income Fund (SRV.UN) is doing great, I had registered a little gain on the investment. Latest proud is making mommy proud. Go go go!
 

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