Taiga Motors began trading on the TSX on the 23rd. Opened at $13.25, peaked at $14.92 and has been slipping ever since, sitting at $10.90 right now with a market cap of about $338M.
I'm going to watch this one closely.
TAIG 10.95 -1.11 -9.20% : Taiga Motors Corp - MSN Money
I signed up to Weathsimple today to give it a try. They offer RRSP, TFSA Personal and Crypto trading and have COMMISSION FREE TRADES - this is a game changer for me. My biggest hesitation in "trading" stocks in my RBC accounts is the fact that it's $20 for a full trade ($9.98 buy & $9.98 sell) so even on a $400 profit the bank is getting 5% of my return - this is HUGE, most funds only charge management fees of 1-2% and they do all the work. It blows my mind that RBC/TD/CIBC etc. are pocketing $20 every time a securities transaction is complete.
The sign up process was quick and easy, linked to my RBC account in under 10 min. My $1000 into my new TFSA will take 3 days to process but the $250 I moved into a crypto account is available to buy BTC & ETH immediately.
Their ETF's are at a 31% return in the past 10 months too.
I've just signed up and will play with it for a while before I pass judgement but the commission free trading and easy access to crypto are huge benefits to me. I hold a lot of penny stock that regularly fluctuate $80-$200 each day and the ability to actively trade them without giving up a large portion of my profit to the bank is a big deal.
I will keep everyone posted.
I went with a different company for the Crypto - with wealthsimple there are fees as a percentage of the stock. it wasn't worth it to me. so 3-4% between the buy and sell.
Below is a list of fees associated with normal day-to-day transactions. The only trading fee we charge on Crypto is a 1.5-2% Operations Fee per transaction. This is charged by applying a spread on the bid and ask prices at which buy orders and sell orders execute. Trading spreads are presented in the Wealthsimple Trade app.
I'm with questrade,4.95 a trade but I don't trade as much as I thought I would. In fact I'm 95% cash right now.
Markets had a really good YTD, how could they not. The stock market was seriously on sale last spring. The rich bought up a lot of it and the rest of us were just thankful it came back so fast.
I'm cash now mostly because the current market scares me. Things look good but I don't think the markets should be higher now than before covid.
The market recovered without the GDP and employment to support it. My 2c
I held on to a semi (nvida) it it's not moving for some reason. Semis are in short supply, you would think it should print...nope.
Nvidia did really well over a year ago at the start of the lockdowns when everyone starting buying PC components. IMO NVidia is currently overvalued, production is currently maxed out, and the majority of the extra profits from the current GPU price gouging are going to retailers or scalpers, not NVidia.
If I was holding any NVDA shares I'd be selling about now.
Of course this is only my opinion, and not financial advise.