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HOW'S LAST WEEK HITTING YOU?
A busy Friday(September 26) GDP surprise: Canada’s July GDP grew 0.2%, beating expectations, with August flat. That points to a 0.7% annualized rebound in Q3 — meaning Canada may dodge a technical recession. Stronger growth supports banks and energy names but makes near-term rate cuts less urgent. Strikes bite: A nationwide Canada Post strike means more than late packages — rural towns and small businesses depend on it in ways UPS or FedEx don’t cover. For investors, that’s a double hit: higher labor costs ahead, plus pressure on retailers relying on timely deliveries Tariff shock: Trump announced a 100% tariff on pharmaceutical imports. While the move is seen as mostly political theater, TSX names like $Bausch Health Companies Inc (BHC.CA)$ $Bausch Health (BHC.US)$ could feel the pinch. Wall Street magnet: Fed data showed foreign investors lifted U.S. equity allocations to a record 32%.
2 likes • 8d
@Sharon Yuen I agree. One important factor that is overseen is creating new job opportunities. What infrastructure, industries have the govt. invested in to create more jobs to absorb these new comers. Right now people are struggling to get hired. If employment is not increasing the GDP growth is a bubble. Remember all those mining towns that once flourished, seize to exist once the mines were closed.
3 likes • 8d
@Lindsay Talbot Yes, this is what differentiates US from other countries. US have big infrastructure and large corporations and new companies keeps popping up. At least for now, they are performing better. These three countries need to think differently, more population is required for bigger economy so does the jobs. If population was the only criteria, India and China would have ruled the world.
How To Make Money With Covered Calls
How To Make Money With Covered Calls https://optionstradingiq.com/how-to-make-money-with-covered-calls/
2 likes • 8d
@Monica Bernard cash efficiency depends on the strike price. My concern is, I keep high % return expectation. In reality if we look at Warren Buffett, his annual return is 20% since 1965. In my opinion if I can get 1.5% to 2% monthly on CSP or CC consistently month in month for years is good.
3 likes • 8d
One advice I received was to preserve the capital. Reason, if I loose x%, I need to make x+% to recover my losses. I am terrible at preserving the capital.
3 likes • 9d
NKE earnings today, lets see if it can reverse the trend.
3 likes • 9d
NKE is up 5% after EC, range bound between 69-79.
Question
Hi Eric, in your video https://youtu.be/kmilnieq58k?si=x6NiFgAdzLBRR7sc, Day Trader vs Long Term investors (posted 4 years ago), you mentioned that day trading=employment income. My question is why employment income and not business income? Is that significant between employmentincome vs businessincome? @Eric Seto
3 likes • 9d
@Rong Zhou do you trade cash/margin account as business? I am interested in knowing what are the steps involved and requirements to qualify as business.
October & November Financial Events
- Looking ahead to October, investors will face a new earnings season for U.S. stocks, the Federal Reserve’s interest rate policy decision, and more - Looking ahead to November, the stock market is set to see a lot of ups and downs. Important events coming up include the jobs report, the U.S. elections, the Federal Reserve's decision on interest rates, the Consumer Price Index (CPI) report, and earnings announcements from big tech companies.
October & November Financial Events
5 likes • 9d
Thanks for sharing. October 8 FOMC to be watched as well.
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Sukhwinder Dhanoa
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@sukhwinder-dhanoa-4450
I am an engineer, who loves to try new hand on stuff. I live spending time with nature.

Active 5d ago
Joined Jan 3, 2023
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