I'm in this rebought at $13.91 Cdn. Short leash if I make roughly 10% in a day I sell and look to rebuy on the next safe looking day. You can buy daily dips on this one.
If China and US ever sort out this tariff issue there will be a huge pop in Copper same day. Until then, some risk being in Copper and Oil stocks overnight.
Sold Baytex eod for a minor profit. Somebody kept selling large volume all afternoon. Considered flipping the money back into Athabaska but didn't. Still hold Africa Oil rebought at $1.73 earlier in the week tried to exit at b/e today it's struggling despite Oil up. This is my lowest exposure to Oil in years. Metals are just better plays these days. The one good thing about broader market drops is it helps establish support levels on the TSX because Canadians panic sell these news events far more then Americans do. Commodity prices are solid to extremely good but the related stocks are badly lagging. Except for Gold stocks which are taking out highs.
If Trump sticks to his tariff strategies don't you worry you'll get a lot of inflation. The man's strategy is insane at some point you'll have to figure this out. None of this chaos was necessary and none of China, EU, or Canada is going to give in to the man. We all know he's backed himself into a corner and he'll be deposed by his party if he let's this get much worse. Word is that the number today was essentially meaningless because of some timing issues. The washer I bought pre-tariff went up 15% afterwards for new buyers. Auto layoffs have started in both countries.
Yeah I know. I just push Stoney's buttons to see how spooled up he'll get. This morning he got a grade of 8 out of 10 with that one.