Ray Gaur

Oil actually moved lower and so did she. 😅

Some personal news to share. My regular column with La Presse has been suspended indefinitely this week, after 25 years and more than 1,000 columns. This was not my decision. The decision is linked to recent public comments I made on social media regarding the evolving media landscape in Canada, including reflections on government support for media and its potential implications. I understand that these are sensitive and complex issues, and my remarks may not have aligned with the publication’s perspective. While I am disappointed, I fully respect their decision and remain grateful for the opportunity I’ve had to contribute over the years. I would also like to note that my contributions were always made on a voluntary basis. I was never compensated for my columns, and have personally supported La Presse through a paid subscription throughout that time. It has truly been a privilege to write for such an important institution. I continue to believe that open, thoughtful discussions about the future of media in Canada are both necessary and healthy.

This ETF is leveraged and trading around 8% down when the oil is 13% up. 😅

I bought leveraged inverse oil ETF today. I know it was a bad call. Not because I don’t think that oil will stabilize but the company that owns the ETF has scammed people big time once.

Don’t let the noise distract you from owning quality names. The indexes haven’t corrected as much as some prior years, but many tech stocks like $MSFT $AAPL are available at reasonable valuations. While commodities have already seen a strong run, consider names like $WMT that are safe and have already adjusted during this downturn.

Gold has had a nice rebound and will likely see a pullback soon to build a stronger base.

JUST ANNOUNCED: Another cut in the fuel tax to save you a total 32c a litre.

Anyone buying $MU at these levels should use extreme caution. No offence intended.