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The amounts being thrown around by the USA government are indeed becoming meaningless. When the original bailout was announced people were taken back by the amount of money involved. Now people don't even flinch at these gigantic numbers. Suddenly spending $100 billion here, $500 billion...

It is common knowledge through reported earnings coming out almost EVERY SINGLE DAY that earnings have not held steady. Very few companies have held steady earnings. VERY few. Brick and MORTAL retail????

I believe your $70/barrel number is too high. Do you have evidence to back up your claim?

While Canadian banks are correlated to the movement of American financials, they do not move "in step" as you have suggested. While Canadian banks have been hit hard, they have not been hit NEARLY as hard as the American top financials. I see little downside risk at these levels, with large...

I agree the sell off seems excessive. My theory is the run up before earnings occured under the assumption of a beat, and when that beat didn't happen, investors took the price down to levels it should be at for simply meeting expectations. In any case, unfortunately you got burned on this...

I like TD as well. You really can't go wrong with any of them at this point. I have not touched BMO for no reason in particular but the 10.86% yield sure is juicy!

Same. Which ones specifically? I am currently long BNS and RY.

A couple of observations: 1) While beating estimates, revenue slightly declined from last year. 2) The company reiterated guidance @ $3.63 to $3.73 while analysts expect $3.67. This leaves a $0.04 chance earnings will not meet analyst expectations. Overall the company met analyst...

1) Neither. Drew Carey if anything. 2) Beer and pizza. No better combination exists. 3) I know what implied volatility is. I was more interested in your strategy for playing this implied volatility with options.

All of the Canadian banks that have already reported Q1 earnings have beat estimates causing a nice pop. All six major banks have dividend yields in the 6%-11% range. Most of these banks have little to no exposure to the USA housing market (i.e. BNS). These banks have repeatedly...

What a joke.

Good question. Another would be: If DOW hit 5000 and lead to a social upheval, where could one go to escape the pain?

If any of you can back these predictions up with reasoning you would have a lot more credibility.

Is this in regards to the spread between the option price and the price of the underlying security? I am a bit over my head when it comes to options but your suggestion intrigues me.

I have often wondered if there is a way to game earnings announcements without simply guessing if the company will make it's numbers or not. If anyone has a strategy for this I would be very interested in hearing it.

The article doesn't say anything about this being a mental recession with a fake credit crunch... It simply gives examples as to why the economy is not as bad off as most people are reporting/believe.

If he only made a simple market return he would not have got the billions in the first place. Those billions of dollars would be in the hands of someone who can offer better than average returns.

So you are assuming you have some sort of loyal following who buy and sell based on your posts?

Who is the "we" you keep referring to?

But that is the point. EVENTUALLY, with modern warfare and modern healthcare, the population will keep growing and eventually will become too much for Earth to handle given the limited amount of space. This may not happen for hundreds or thousands of years, but eventually you would think this...