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[music] >> Hello, I'm Greg Bonnell. Welcome to MoneyTalk Live, brought to you by TD Direct Investing.
Every day, I'll be joined by guests from across TD, many of whom you'll only see here.
We're going to take you through what's moving the markets and answer your questions about investing.
Coming up on today's show, TD Direct Investing's Caitlin Cormier is going to be taking your questions about the WebBroker platform.
And MoneyTalk's Anthony Okolie is going to have a look at a new TD Economics report on how geopolitical issues can impact global growth. So here's how you can get in touch with us.
Just email moneytalklive@td.com or fill out the viewer response box under the video player on WebBroker.
Before we get to all that and our guest of the day, let's get you an update on the markets.
First trading day of the week, a full five day one from both sides of the border. The TSX started the week in negative territory, down about 61 points, a little more than 1/4 of a percent. Some names catching our attention today, among the most actively traded names on Bay Street include B2Gold.
There is a pullback in the price of gold, many minors are down including B2Gold. It is pulling back about 2 1/3%. A bid for the uranium plays.
Denison Mines, at $2.41 per share, up 2%.
They had their nice run through the fall and a jump to start the new year but it's been a bit of a downward path in recent weeks for Denison Mines and the other uranium companies. South of the border, the S&P 500 it reached 5100 for the first time last week.
I 5087, you are down one point or two ticks. The tech heavy NASDAQ, I want to check in and see how that's bearing against the broader market.
A little bit stronger. Add 23 points to the upside, it has green on the screen to a little more than 1/10 of a percent.
I want to check in on Micron, it was on the move earlier. It is up a little shy of 7%, $91 and change. It has started mass-producing some chip components for Nvidia's AI processors and AI is all the rage.
And that's your market update.
On today show, we are going to be taking your questions and how to get more out of the WebBroker platform. Joining us now to help us with that is our featured guest, Caitlin Cormier, client education instructor with TD Direct Investing.
Always great to have you on the program, you're going to have you on for the full show today.
>> I'm excited to jump into some of these viewer questions to get a better handle on our trading platforms.
>> We have a big lineup of questions for you. Let's do it.
Would you please explain Canadian Depository Receipts stocks and is there any complication for tax purposes?
>> Absolutely. This is a great question.
The first thing I will say off the top is from a tax perspective, I cannot give financial advice around taxes, it's very complicated, I recommend you speak to a tax professional on those types of questions.
But I can tackle what they are and some information on how you can find them on the platform.
CDR is a Canada depository received. It is a stock that is trading in another country that we kind of pull over and list on the exchange here in Canada. It would be individual shares of global companies traded on a stock exchange traded in Canadian dollars, so it's a way to get exposure without investing in other currencies.
The return of these types of investments is directly linked to those underlying shares.
Whatever happens with that company will affect your individual investment. CDRs are typically issued at around $20.
The price is very different. We think of some big US companies, some of them have ticket prices that are quite large, up to $3000 per share for example.
This makes it a lot more affordable for people to invest in these companies without having to actually use that much money to buy an individual share. You can get in on some of these bigger companies.
Let's take a look and see what types of companies he would be able to do this with and what it looks like on the platform.
I'm going to jump in. Under our research tab here in WebBroker, I'm going to click on stocks.
Some of those bigger companies, for example we have Apple. Let's use that as an example.
If I type in Apple over here, you will notice there is an apple with the Canadian flag and an apple with the US flag at the bottom. The one we are on right now is the one listed on the NASDAQ. That is the official Apple stock. This one here with the Canadian flag, it says CBOE. That means that it is one of those CDRs.
The Apple stock is around 181, we are at $26 here with this particular investment.
You can buy a lot of units of this particular CDR without shelling out $181.
That is one example.
There are quite a few others.
Let's use Costco.
That's a familiar company for a lot of Canadians.
If you pull up the Canadian side, we have the NASDAQ version, the share price is quite high, $743 US. If we search it under the Canadian side, we have $34.85. Much more affordable to get into these types of companies.
A little different from actually owning the share, but definitely an opportunity for investors to get into these types of investments in Canadian dollars.
>> A nice primer there on Canadian Depository Receipts and where to find them on the platform. Here's another question.
Someone says that they were under the impression that trailing commissions were eliminated at discount brokers.
Is this correct?
>> Trailing commissions are basically a fee that will come out of the management expense ratio, the cost to own something like a mutual fund, and it is paid typically to an advisor that you are using for their services was well as advice in the process of investing.
In self-directed investing with TD Direct Investing, you are your own advisor. You deal with all of your own investing decisions and mistakes you may make along the way.
Therefore, there is no advisor to pay.
We have specific types of investments that are made for self-directed investors.
They are called D and E series funds that can be purchased and they have either little or no trailing commission whatsoever. It there might be a little bit for services but much reduced compared to those you would get with an advisor.
Let's look and see how we can differentiate those funds in WebBroker.
I'm going to click on research and come to my screeners tool.
Once I get in here, I'm going to go specifically into mutual funds.
We can go ahead and build the screen, put in the information that's important to us and pull up some individual mutual funds but for today's purpose, I'm going to choose one of our pre-created screens.
I'm going to click here on this Canadian actively managed.
It's pretty straightforward to see whether it is one of these lower fee versions.
I'm going to deselect the show TD first.
Right here on the right-hand side, this is where you can see that they are direct investing eligible which means they are under that lower fee example. If I look at something like, let me but the TD1's on top here, if I click for example 1 of these funds, you will notice here that at the end of the name there is the D. That indicates that it is a D series fund.
It's a Canadian large-cap equity fund and its series with a higher management expense ratio but this one because it is D, it is exactly the same as far as performance and holdings and all of that information and but what is different is the structure at the net asset value, meaning the price of each unit will be different as well because these came out after the original, so these are kind of a newer invention as far as mutual funds go compared to some of these original funds.
But that is kind of how you can indicate whether it is a D series funds and it will show DI eligible on the side because we only have those lower ones available and direct investing.
>> Interesting distinctions. I didn't know that.
We are going to get to more of your questions about how to get more out of the WebBroker platform with Caitlin Cormier in just a moment's time.
And a reminder that you can get in touch with us any time.
Just email moneytalklive@td.com or fill out the viewer response box under the video player on WebBroker.
Right now, let's get you updated on the top stories in the world of business and take a look at how the markets are trading.
I want to check in on shares of Intuitive Machines. They were under pressure at the open. They are down to the tune of 34%.
What is going on?
We talked about this stock last week, the lunar lander. They successfully landed on the moon last Thursday.
Now, apparently, it has tipped over. The Houston-based company saw its stock up on Friday after it became the first private company to land a spacecraft on the moon.
But news that the lander has fallen and is resting on its side has investors a little bit concerned about the name. The company says it is still transmitting back to earth, just from inside.
Interesting stuff. Travelling through space, a bit risky and a bumpy ride for the stock as well behind it. Let's check in on Tesla's chief rival in China. It says it has an electric vehicle that can travel at Ferrari speeds.
This is Chinese automaker BYD, it unveiled its new U-9 car over the weekend, boasting that he can reach a top speed of 309 km/h.
Tesla CEO Elon Musk has said in past weeks that Chinese EV makers will demolish global rivals unless trade barriers are put in place.
An interesting flex from BYD over the weekend saying they have a car that can rival for RE speed.
Warren Buffet's Berkshire Hathaway has posted strong earnings for its fourth quarter. And results released over the weekend, the conglomerate grew operating earnings by 20% to $8.48 billion.
We also got Buffett's annual letter to shareholders. In that letter, he paid tribute to his long-time business partner, Charlie Munger, who passed away in November. Let's check in on the markets again, first trading day of the week. The TSX Composite Index modestly in positive territory.
Right now down about 1/3 of a percent, 65 points. South of the border, the S&P 500 got above 5100 last week for the first time. Right now, it's a little bit tepid, down 3.7 points.
We are back with Caitlin Cormier, client education instructor with TD Direct Investing taking your questions about how to get more out of the platform.
Someone wants to know, is there a way to find the current yield for US and Canadian two-year, five year and 10 year bonds?
>> Yes, we are still talking about fixed income. Interest rates are still hot so we are still in that fixed income phase.
Let's jump into the platform and see where we can find these fixed income products first.
We are going to go ahead and click on research. We are going to come under investments and click on fixed income.
Once we get to this page, we will notice there are some quick picks here which will show us different fields, so these year ranges that we see are the number of years to maturity.
If we were looking for one coming due in the next five years, we would choose 0 to 5 and so on. This particular investors looking for Canadian and US. Specifically, government bonds.
Potentially. If that were the case, we could come over to Canada bonds and click on the different areas that we are looking forward to see an array.
We can also do a fixed income search.
If I click on the fixed income search, it will bring me here where I can go in and indicate that I am looking for Canada bonds and U.S. Treasury bonds and that's it.
I go ahead and choose a maturity, put a timeframe in there.
I choose currency. There are a few different things here. Let's try just with that and see how many results we get.
Quite a few, but we can pick through here.
We have it listed based on maturity date for now. This would be an example of the different bonds in both Canadian and US.
There are some government ones as well.
They are available with different maturity dates. I think we said two-year, five-year, tenure. If we are looking at two-year, we are going out to 2026.
It's hard to see the information but at the top you will notice currency, coupon rate, maturity date and then over here we've got the ask price and ask yield.
Those things will be important for this question. First we have the coupon which is the interest that you will paid on this bond at the maturity date, meaning when you will get your principal back in your last interest payment. This is how much is going to cost to buy this bond, that's the price. The last thing is the yield. The yield takes into consideration both the coupon and the fact that you are buying this particular bond at a discount. You are buying it at 9832 and you're getting $100 back in two years time for every 9830 to be paid to purchase it. That's what yield is. This is where we can find yield, right beside the ask price will be our ask yield.
We might want to filter down more specifically if we have those specific things in place as far as time frames.
We can see here there might be government and US, we can see the yield for that one as well.
A little bit of legwork to get into a specific search.
We can modify our search and add additional criteria.
You can get some more pointed results that cover more specifically what we are looking for but this will be the area we can come to to get that information.
>> A nice primer on the bond space there in WebBroker. Another question for you.
Someone wants to know if they can find historical PE, price-to-earnings ratios on my broker?
>> That's an interesting one.
We don't necessarily have it listed out, this is the P/E ratio over a period of time, but one way we can do that is by going into charts and adding it as an indicator, a lower indicator on our charts.
Let's look at an example and see how that would work.
Again, we are going to go under our research, under tools and I'm going to click on charts.
We can use any security that we would like.
Let's just go ahead and grab one. Let's use Tesla. We were talking about that in the last segment so we will throw them up on the chart.
We will wait until it shows up for us here, just taking a minute to load. Let's just try a quick refresh. It may be a dozen wants to show us. Let's choose another stock. Let's try Apple here.
There we go!
>> There we go.
>> What we have here is our regular standard line chart. We have a period of six months. We can choose frequencies or time.
I should say depending on how far back we want to go with this P/E ratio but let's say five years at this point in time.
What I'm going to do in this scenario is click on the lower indicators and I want to scroll through until I get that P/E ratio. So when I click out, you will see down here that this is a graph of the P/E ratio and I simply just have to hover and it will show me what that number is.
It's showing right here on the right-hand side of my little PE chart here.
So I hover, I see the date towards the top. Is going to correspond with this chart for the price.
This is date up here and then I will see my P/E ratio over towards the right, wherever I hover.
I go over time and see what the P/E ratio has been as the stock price moves over different periods of time depending on what I put in for inputs there.
The chart is going to be a help if you want that historical information.
>> Next question is someone who likes to look at charts. They want to talk about price action. Where can I learn more about technical analysis and find events? This is an interesting area. There is a lot to learn.
>> Yes, technical analysis is definitely an interesting part of the investing world, and somewhere where a lot of time can be spent in lots of learning can be done, lots of different types of analysis can be done.
Let's hop right in and see where the technical information is, speaking of charts.
I'm on my chart tab here but you will notice on the right-hand side that there is a tab called technicals.
If I click there… What this is going to show me is this going to show me information about the particular security that I'm on.
It's going to show me some information about different events that have happened for this particular security.
If we know a little bit about it, it could be a good place for us to go.
If we are starting in a more basic way, we will click research and then go under markets and click technicals at the bottom. That will give us a whole market overview of technicals and show us all different kinds of events that can be happening on different securities all across the market.
As I scroll through, is going to show me different types of events like bullish events, popular events trending now, bearish events, and if this all sounds like complete nonsense to you and you are not as familiar with technical analysis are with these different terms mean, good news!
We have a little education Here. We are going to click and it's going to take us to some educational material.
It's going to tell us what technical analysis is, so basically analysing price changes, looking for different patterns and relationships and price history to make predictions about what's going to happen in the future.
As we click through, is going to go into all different types of patterns that we could see and we can click on each individual one and understand a little bit more about the pattern, what it looks like and what different determinations and information that you would potentially take from something like that.
So there's a ton of information in here about classic patterns, short-term, different indicators as well as oscillators.
If you are looking to get more into charting, this is one of the great places to come.
If I go back here, out of the education piece, if I am familiar, I've done my research and I want to look for some of those events specifically, I click over here on this little three line menu, click on screener and similar to our stock screener, we can filter through for different types of events.
We can see here there is a listing of different types of events and I actually click through and choose different types of stocks that I'm looking for information on. Maybe I want something on the TSX 60.
I choose different industries and I choose if I want bullish or bearish.
So lots of stuff to kind of dive into here on technicals. I would definitely recommend that you go to that education cap as well as we have a lot of information and education Centre as well.
We are also on YouTube.
We have a YouTube channel for TD Direct Investing. It is @TD_directinvesting.
Check that out and see all of the upcoming educational content we have on this and lots of other topics.
>> Some great resources there are definitely a technical analysis is very interesting. You start going down that path, you learn one indicator, it's interesting, and then there's five more to learn. Very interesting stuff.
As always, make sure you do your own research before making any investment decisions.
we will go back to your question for Caitlin Cormier on the WebBroker platform in just a moment's time.
And a reminder, of course, you can get in touch with us at any time.
Do you have a question about investing or what's driving the markets?
Our guests are eager to hear what's on your mind, so send us your questions.
There are two ways you can get in touch with us.
You can send us an email anytime at moneytalklive@td.com or you can use the question box right below the screen here on WebBroker. Just write in your question and hit send.
We'll see if one of our guests can get you the answer right here at MoneyTalk Live.
Okay, we are back with Caitlin Cormier, we are taking your questions about the WebBroker platform.
Didn't give you a big break there. Are you ready for the next round?
>> I'm ready.
>> You can definitely outlast me all this game. Here's a long question.
The market overview screen has a box to search for specific stocks.
It saves the 10 most recent searches. I'd like to see the current analyst Outlook for all the stocks I have my portfolios, that's more than 10 in some cases. Is there any place I looked to see the current analyst Outlook for all the stocks I currently hold in excess of 10?
>> Yes! This is a great question. There are a couple of different things that we can do to look at analyst evaluations about stocks. Let's go ahead and cover it.
One place you can do this is look at your holdings within your portfolio. I don't have any holdings. I have a demo account here is that there are no holdings available.
But I can show you on our watch list, very similar. Top right hand side of the screen, I'm going to choose this star where it says watchlist.
Let's go ahead and choose one of the watch lists with the stocks in it. If I want to see, this is relatively similar to what you would see under your holdings page.
You will see all of the different stocks that you hold and you can simply click this little down button and it will show you here what analyst ratings are.
It doesn't give you a detailed report of what these analysts are saying, you can go to the reports and read more, but if you are looking to see whether it's a body, a sell or a hold, you can simply come here and see the analyst rating under this drop-down. So as I said, within your personal profile, same idea. Hit this drop-down, see your analyst rating right within that area. That would be a great place to get that information within your existing holdings. Another great place to go is Analyst Centre. I'm going to click research, markets, and choose Analyst Centre. This will be for the entire market. It's not just the stocks in my portfolio but it will show all of the stocks that have had recent ratings changes. What I'm seeing right here are kind of the most recent ratings that have come out. These analysts have published these particular analyses today, giving their opinions on these different stocks.
I go in and filter them down a bit based on what sector they are in or that sort of thing. And I also hit trending stocks which will give me consensus on the most covered stocks in the market.
I go ahead and see here with these analysts are saying about this stock.
We can see ratings in the past 90 days, with the consensus is, the average price target and what would be the consensus is whether it is to buy or a strong buy.
There are a few different places to find that information but if you are looking specifically for stocks you are holding in your portfolio, the easiest way is going under account, holdings and then as I mentioned, it will show similar to hear as it does in the watchlist with the little arrow you can click on the sea with the overall consensus is for your stocks.
>> Let's take another question from the audience for Caitlin. Viewer says, I would like to know a certain TSX listed stocks do not appear in the company movers section of your site. For example, they noticed that Calibre Mining was 5.84% or more but it had not appeared among the company movers all day.
They say they noticed it before with other TSX listed stocks and it does not appear to be based on a minimum value, for example you have new gold listed today selling at 1.71 which is only a few cents above what CXB is selling. Thank you.
What do you think they're looking for here?
>> Yeah, so we have a part of our website or within WebBroker, in the research section, where we look at the top mover.
So what companies are moving the most in the markets? Whether it's positive or negative, it's always important to understand what's going on in the market and what's moving the market.
That gets covered quite a bit on the show.
Let's take a look at where we can find that information and then dive more specifically into the question that this particular client is asking.
Under research, we are going to go to markets I'm going to click on overview.
And I'm going to go ahead and scroll down and on the right hand side, this boy received the company movers.
So we can make changes here as to what type of information we want to see.
We have percentage gainers or losers, dollar gainers and losers, the most actively traded, those sorts of things.
But to highlight the question that the investor has asked us, this is only showing the TSX Composite.
It doesn't necessarily show absolutely everything that is listed on the TSX. It shows the TSX Composite which is the index.
There could be securities not showing up there that you may see movement in.
I think that would be the key component to end that the investor is asking about.
Just keep in mind that it is the TSX composite index that we are looking at in this scenario.
If I click on company movers, it will bring us to a new page.
You will notice on the left-hand side that it is also showing me different indices.
If I want to know which different stocks show up on the TSX composite index, on the left side, I scroll down to where it says TSX composite index, click and then scroll down to members.
That is going to show me all of the different stocks that should show up if they have the type of movement within the day. These are the stocks that are going to show up within the company movers under that particular choice there on the TSX composite. I also see what companies are on the SNP TSX 60.
Keep in mind that that information is specific to the TSX composite index they can help in here and see what different companies will or will not show up in that type of reporting.
>> If my stats are correct, it's over 1500 listed names on the TSX, but if we are talking about a composite index, it's all a matter what you are screening for to get a look at the company you want to look at.
>> Exactly. Some of the smaller companies are not going to necessarily show up and they might have quite large price movements but they are not moving the whole market quite as much of those bigger companies would based on their market cap.
>> Interesting stuff. We are going to get to your questions for Caitlin Cormier about the WebBroker platform in just a moment.
As always, make sure you do your own research before making any investment decisions.
And a reminder that you can get in touch with us at any time. Do you have a question about investing or what's driving the markets? Our guests are eager to hear what's on your mind, so send us your questions.
There are two ways you can get in touch with us.
You can send us an email anytime at moneytalklive@td.com or you can use the question box right below the screen here on WebBroker. Just write in your question and hit send.
We'll see if one of our guests can get you the answer right here at MoneyTalk Live.
The wars in Ukraine and the Middle East have put a spotlight on geopolitical risk and the tangible disruptions is causing in many areas. Anthony Okolie joins us now with TD Economics look at the impact that these risks posed to global growth. A few things here, inflation, commodities, what are they saying?
>> We will start with escalation in the Middle East which continues to reroute ships away from the Suez Canal, the Cape of Good Hope. This has pushed up container freight rates between China and Europe by roughly fourfold since October. Meanwhile shipping rates from China to the US have doubled.
Supply chains are starting to elongate once again and price pressures are beginning to show as well.
The magnitude of shipping shock is still a fraction of what we experienced during the pandemic era disruptions.
There is some offset coming from disinflationary forces.
China is helping to limit the extent to which a tailwind can be built to lift global inflationary pressures. In addition, oil prices have largely shrugged off the potential of disruption amid geopolitical turbulence. WBT I has traded tightly between 70 and $75 per barrel over the last two months and that suggests that no risk premium has been built into the price due to the conflict.
In the coming months, TD Economics is the price that should primarily be driven by fundamentals, specifically strong demand.
For one, the extent of US shale production slowdown in addition to OPEC and its members ability to stick to voluntary production cuts.
TD Economics expects that the inflation outlook incorporates a trend in oil prices back to $80 per barrel on the back half of this year. When we look at industrial metals, the outlook depends on the demand picture, according to TD Economics, particularly China.
New government stimulus there is aim to provide a list of prices but the upside is likely capped by the broader slowdown in industrial production and manufacturing in China.
On a different note, tensions have cooled between China and the United States. TD Economics expects that the overall global economy is trending slightly better than their expectations in their December outlook. 2024 global GDP growth expected to register at 2.8% growth versus the 2.6% in the December outlook. The largest risk is the fiscal stimulus in China fails or the US economy starts to strain under the weight of higher interest rates.
>> Interesting stuff. Thanks for that.
>> My pleasure.
>> MoneyTalk's Anthony Okolie.
Now, for an update on the markets.
We are having a look at TD's Advanced Dashboard, a PlatForm designed for active traders available through TD Direct Investing. This is the heat map function, gives us a view of the market movers.
The TSX 60 is where we will begin, sorting by Price and volume. I mixed session out there. Denison Mines, uranium play, is to the upside and so is Cameco, a little shy of 2%. We also have the biggest banks in Canada reporting quarterly earnings this week. Price action is to the downside.
We had a report earlier today as well, looking at EMA, utility is down to the tune of 3.8%.
The green in the corner would be Shopify giving a push to the upside. South of the border, I want to check in on the S&P 100.
The S&P 500 last week hit 5100 for the first time ever.
A little bit of downward pressure today on the S&P 500. It's basically flat.
If we focus on the top 100 names, teslas up to the tune of 4%. Investors are not scared by that BYD car that can challenge a Ferrari. BYD is the Chinese EV maker, a big competitor for Tesla. Google is under some pressure today, down about 4%. A bit of a mixed bag among the chipmakers. You can get more information about TD Advanced Dashboard by visiting TD.com/Advanced Dashboard.
We are back with questions for Caitlin Cormier. With the conversation around the approval of Spot ETF in the US, what research tools do we have an WebBroker for looking for these products?
>> That was over a month ago, the bus coming out of the new year, lots of chatter around crypto.
It's always an interesting subject to cover. We will go into detail on that today. But we will cover how you can find these ETFs if you are looking to research them a little bit and find information about these 11 that were approved, let's hop in and see how we can use our screeners tool to find them.
We are going to click on the research button towards the top.
Here, we are going to go under the screeners tool. When we got here, we are going to stick with stocks but I'm going to go ahead and choose screening because I'm going to create my own screen and I'm going to click on… ETFs, not stocks, click on ETFs.
I had a little blip there.
>> It happens. It's Monday.
>> That's right, it's only Monday.
Now I'm going to choose my fund type here and I'm going to scroll down and we want to choose back in here, let's uncheck our mutual funds and we should be able to get… Let's see.
Fund categories what we are looking for.
Fund category!
Under the Canadian side, it is going to be alternative other.
These are going to be the Canadian bitcoin ETFs or any type of crypto ETF. And on the US side, it will be under the digital assets. Here we are, US digital assets.
There are 93 total ETFs that are going to show up.
We are going to click view all 93 matches.
Not all of them will necessarily be bitcoin. Some will not be Spot type. Some will be older approved versions.
Some of them are leveraged. There are lots of different types of ETFs in here so you have to do your due diligence to understand which ones you are looking at.
If you are thinking more specifically of the ones that were recently approved, if we click on the profile, we will see when the fund was created, fund inception, and if we click to sort by that, we can see the ones that have come out recently. We can see here around that January 10 timeframe which is when we got that approval, we can see that these are the ones here that were actually approved to be training in that spot bitcoin type area. I would recommend going into each one to make sure they understand what it's all about and you make sure whether you know it it's the spot or the futures like this one here and understanding how it is managed.
But if you are looking to find where they are and how you can find these funds to do some initial research, it's under that digital assets category in the US and it is alternative other under Canadian and that will pull up those different ETFs. In Canada, we've had these around for a couple of years now so we do have spot ETFs in Canadian dollars if you want to delve into those as well.
Their results would be in here as well.
>> An interesting place to start the research at home.
As always, make sure you do your own research before making any investment decisions.
another question know for Caitlin. Someone wants to know, what other ways can investors use the WebBroker screeners tool to find ideas?
>> Now we get to jump back into the stock side of things.
I knew this question was coming.
We're going to go ahead and choose stocks here. Let's talk about the ways you can use the screeners tool to find some different investing ideas.
Instead of choosing your own screen, which is a great option to be able to go ahead and create your own custom information, we can go with a different theme. We got the bitcoin ETF which would be a relatively new theme that we have available, so we can go ahead and click directly to bitcoin ETFs listed here, we can also see things like Canadian dividend ETFs, different stocks that are available in ESG, we can see stocks that are impacted by the Metaverse, so there are some really neat categories here if you are looking to expand your portfolio in one way or another or do some research, you can click on any of these different themes to do more research. There are also preset screens but if you want to see some socks paying growing dividends over time, this might be a screen you want to do research around. If you are looking for stocks that are undervalued, maybe you were looking to buy that diamond in the rough, you could start here and see if there are some names that are available.
So let's go ahead and click on that. It is going to show us that there are 201 matches.
That's 201 companies for me to go through and do a bit more research on. The first thing you will notice here is that they are ranked.
The top 10 here are ranked based on how well they meet the criteria that the screen has input here.
The P/E ratio, the price-to-book ratio, dividend yield, growth rates of the dividend, depth equity ratio and the stock price and share type. I filter this down further.
If I wanted to choose maybe just Canadian companies, I click on exchange and choose Canada only and that will take us down to 31 matches which is a lot more manageable.
We can sort through. I also choose different things if I click that more criteria.
If there are different sectors or parts of the market that I am more interested in, maybe I want to look at just a couple of different areas so I will choose maybe three and then close and then all of a sudden I am down to six different company is maybe I could add to a watchlist and do some further research on.
Just a way for us to get some additional names and have a theme going into a, a bit of a specific sort of thing that I'm looking for and then be able to dive in a little deeper once I have some names to look at.
>> We have run out of time for the audiences questions. It was a pleasure having you on for a full show. I know we will hear from you again in smaller segments before the next one but I look forward to the next one.
>> Absolutely. It's always a pleasure to be here to be able to answer questions for our clients.
>> Thanks to Caitlin Cormier, client education instructor with TD Direct Investing.
As always, make sure you do your own research before making any investment decisions.
stay tuned for tomorrow show. Kevin Hebner, global investment strategist with TD Epoch will be our guest, he wants to take your questions about artificial intelligence. You can get a Headstart.
Just email moneytalklive@td.com.
That's all the time we have for the show today.
Thanks for watching and we will see you tomorrow.
[music]
Every day, I'll be joined by guests from across TD, many of whom you'll only see here.
We're going to take you through what's moving the markets and answer your questions about investing.
Coming up on today's show, TD Direct Investing's Caitlin Cormier is going to be taking your questions about the WebBroker platform.
And MoneyTalk's Anthony Okolie is going to have a look at a new TD Economics report on how geopolitical issues can impact global growth. So here's how you can get in touch with us.
Just email moneytalklive@td.com or fill out the viewer response box under the video player on WebBroker.
Before we get to all that and our guest of the day, let's get you an update on the markets.
First trading day of the week, a full five day one from both sides of the border. The TSX started the week in negative territory, down about 61 points, a little more than 1/4 of a percent. Some names catching our attention today, among the most actively traded names on Bay Street include B2Gold.
There is a pullback in the price of gold, many minors are down including B2Gold. It is pulling back about 2 1/3%. A bid for the uranium plays.
Denison Mines, at $2.41 per share, up 2%.
They had their nice run through the fall and a jump to start the new year but it's been a bit of a downward path in recent weeks for Denison Mines and the other uranium companies. South of the border, the S&P 500 it reached 5100 for the first time last week.
I 5087, you are down one point or two ticks. The tech heavy NASDAQ, I want to check in and see how that's bearing against the broader market.
A little bit stronger. Add 23 points to the upside, it has green on the screen to a little more than 1/10 of a percent.
I want to check in on Micron, it was on the move earlier. It is up a little shy of 7%, $91 and change. It has started mass-producing some chip components for Nvidia's AI processors and AI is all the rage.
And that's your market update.
On today show, we are going to be taking your questions and how to get more out of the WebBroker platform. Joining us now to help us with that is our featured guest, Caitlin Cormier, client education instructor with TD Direct Investing.
Always great to have you on the program, you're going to have you on for the full show today.
>> I'm excited to jump into some of these viewer questions to get a better handle on our trading platforms.
>> We have a big lineup of questions for you. Let's do it.
Would you please explain Canadian Depository Receipts stocks and is there any complication for tax purposes?
>> Absolutely. This is a great question.
The first thing I will say off the top is from a tax perspective, I cannot give financial advice around taxes, it's very complicated, I recommend you speak to a tax professional on those types of questions.
But I can tackle what they are and some information on how you can find them on the platform.
CDR is a Canada depository received. It is a stock that is trading in another country that we kind of pull over and list on the exchange here in Canada. It would be individual shares of global companies traded on a stock exchange traded in Canadian dollars, so it's a way to get exposure without investing in other currencies.
The return of these types of investments is directly linked to those underlying shares.
Whatever happens with that company will affect your individual investment. CDRs are typically issued at around $20.
The price is very different. We think of some big US companies, some of them have ticket prices that are quite large, up to $3000 per share for example.
This makes it a lot more affordable for people to invest in these companies without having to actually use that much money to buy an individual share. You can get in on some of these bigger companies.
Let's take a look and see what types of companies he would be able to do this with and what it looks like on the platform.
I'm going to jump in. Under our research tab here in WebBroker, I'm going to click on stocks.
Some of those bigger companies, for example we have Apple. Let's use that as an example.
If I type in Apple over here, you will notice there is an apple with the Canadian flag and an apple with the US flag at the bottom. The one we are on right now is the one listed on the NASDAQ. That is the official Apple stock. This one here with the Canadian flag, it says CBOE. That means that it is one of those CDRs.
The Apple stock is around 181, we are at $26 here with this particular investment.
You can buy a lot of units of this particular CDR without shelling out $181.
That is one example.
There are quite a few others.
Let's use Costco.
That's a familiar company for a lot of Canadians.
If you pull up the Canadian side, we have the NASDAQ version, the share price is quite high, $743 US. If we search it under the Canadian side, we have $34.85. Much more affordable to get into these types of companies.
A little different from actually owning the share, but definitely an opportunity for investors to get into these types of investments in Canadian dollars.
>> A nice primer there on Canadian Depository Receipts and where to find them on the platform. Here's another question.
Someone says that they were under the impression that trailing commissions were eliminated at discount brokers.
Is this correct?
>> Trailing commissions are basically a fee that will come out of the management expense ratio, the cost to own something like a mutual fund, and it is paid typically to an advisor that you are using for their services was well as advice in the process of investing.
In self-directed investing with TD Direct Investing, you are your own advisor. You deal with all of your own investing decisions and mistakes you may make along the way.
Therefore, there is no advisor to pay.
We have specific types of investments that are made for self-directed investors.
They are called D and E series funds that can be purchased and they have either little or no trailing commission whatsoever. It there might be a little bit for services but much reduced compared to those you would get with an advisor.
Let's look and see how we can differentiate those funds in WebBroker.
I'm going to click on research and come to my screeners tool.
Once I get in here, I'm going to go specifically into mutual funds.
We can go ahead and build the screen, put in the information that's important to us and pull up some individual mutual funds but for today's purpose, I'm going to choose one of our pre-created screens.
I'm going to click here on this Canadian actively managed.
It's pretty straightforward to see whether it is one of these lower fee versions.
I'm going to deselect the show TD first.
Right here on the right-hand side, this is where you can see that they are direct investing eligible which means they are under that lower fee example. If I look at something like, let me but the TD1's on top here, if I click for example 1 of these funds, you will notice here that at the end of the name there is the D. That indicates that it is a D series fund.
It's a Canadian large-cap equity fund and its series with a higher management expense ratio but this one because it is D, it is exactly the same as far as performance and holdings and all of that information and but what is different is the structure at the net asset value, meaning the price of each unit will be different as well because these came out after the original, so these are kind of a newer invention as far as mutual funds go compared to some of these original funds.
But that is kind of how you can indicate whether it is a D series funds and it will show DI eligible on the side because we only have those lower ones available and direct investing.
>> Interesting distinctions. I didn't know that.
We are going to get to more of your questions about how to get more out of the WebBroker platform with Caitlin Cormier in just a moment's time.
And a reminder that you can get in touch with us any time.
Just email moneytalklive@td.com or fill out the viewer response box under the video player on WebBroker.
Right now, let's get you updated on the top stories in the world of business and take a look at how the markets are trading.
I want to check in on shares of Intuitive Machines. They were under pressure at the open. They are down to the tune of 34%.
What is going on?
We talked about this stock last week, the lunar lander. They successfully landed on the moon last Thursday.
Now, apparently, it has tipped over. The Houston-based company saw its stock up on Friday after it became the first private company to land a spacecraft on the moon.
But news that the lander has fallen and is resting on its side has investors a little bit concerned about the name. The company says it is still transmitting back to earth, just from inside.
Interesting stuff. Travelling through space, a bit risky and a bumpy ride for the stock as well behind it. Let's check in on Tesla's chief rival in China. It says it has an electric vehicle that can travel at Ferrari speeds.
This is Chinese automaker BYD, it unveiled its new U-9 car over the weekend, boasting that he can reach a top speed of 309 km/h.
Tesla CEO Elon Musk has said in past weeks that Chinese EV makers will demolish global rivals unless trade barriers are put in place.
An interesting flex from BYD over the weekend saying they have a car that can rival for RE speed.
Warren Buffet's Berkshire Hathaway has posted strong earnings for its fourth quarter. And results released over the weekend, the conglomerate grew operating earnings by 20% to $8.48 billion.
We also got Buffett's annual letter to shareholders. In that letter, he paid tribute to his long-time business partner, Charlie Munger, who passed away in November. Let's check in on the markets again, first trading day of the week. The TSX Composite Index modestly in positive territory.
Right now down about 1/3 of a percent, 65 points. South of the border, the S&P 500 got above 5100 last week for the first time. Right now, it's a little bit tepid, down 3.7 points.
We are back with Caitlin Cormier, client education instructor with TD Direct Investing taking your questions about how to get more out of the platform.
Someone wants to know, is there a way to find the current yield for US and Canadian two-year, five year and 10 year bonds?
>> Yes, we are still talking about fixed income. Interest rates are still hot so we are still in that fixed income phase.
Let's jump into the platform and see where we can find these fixed income products first.
We are going to go ahead and click on research. We are going to come under investments and click on fixed income.
Once we get to this page, we will notice there are some quick picks here which will show us different fields, so these year ranges that we see are the number of years to maturity.
If we were looking for one coming due in the next five years, we would choose 0 to 5 and so on. This particular investors looking for Canadian and US. Specifically, government bonds.
Potentially. If that were the case, we could come over to Canada bonds and click on the different areas that we are looking forward to see an array.
We can also do a fixed income search.
If I click on the fixed income search, it will bring me here where I can go in and indicate that I am looking for Canada bonds and U.S. Treasury bonds and that's it.
I go ahead and choose a maturity, put a timeframe in there.
I choose currency. There are a few different things here. Let's try just with that and see how many results we get.
Quite a few, but we can pick through here.
We have it listed based on maturity date for now. This would be an example of the different bonds in both Canadian and US.
There are some government ones as well.
They are available with different maturity dates. I think we said two-year, five-year, tenure. If we are looking at two-year, we are going out to 2026.
It's hard to see the information but at the top you will notice currency, coupon rate, maturity date and then over here we've got the ask price and ask yield.
Those things will be important for this question. First we have the coupon which is the interest that you will paid on this bond at the maturity date, meaning when you will get your principal back in your last interest payment. This is how much is going to cost to buy this bond, that's the price. The last thing is the yield. The yield takes into consideration both the coupon and the fact that you are buying this particular bond at a discount. You are buying it at 9832 and you're getting $100 back in two years time for every 9830 to be paid to purchase it. That's what yield is. This is where we can find yield, right beside the ask price will be our ask yield.
We might want to filter down more specifically if we have those specific things in place as far as time frames.
We can see here there might be government and US, we can see the yield for that one as well.
A little bit of legwork to get into a specific search.
We can modify our search and add additional criteria.
You can get some more pointed results that cover more specifically what we are looking for but this will be the area we can come to to get that information.
>> A nice primer on the bond space there in WebBroker. Another question for you.
Someone wants to know if they can find historical PE, price-to-earnings ratios on my broker?
>> That's an interesting one.
We don't necessarily have it listed out, this is the P/E ratio over a period of time, but one way we can do that is by going into charts and adding it as an indicator, a lower indicator on our charts.
Let's look at an example and see how that would work.
Again, we are going to go under our research, under tools and I'm going to click on charts.
We can use any security that we would like.
Let's just go ahead and grab one. Let's use Tesla. We were talking about that in the last segment so we will throw them up on the chart.
We will wait until it shows up for us here, just taking a minute to load. Let's just try a quick refresh. It may be a dozen wants to show us. Let's choose another stock. Let's try Apple here.
There we go!
>> There we go.
>> What we have here is our regular standard line chart. We have a period of six months. We can choose frequencies or time.
I should say depending on how far back we want to go with this P/E ratio but let's say five years at this point in time.
What I'm going to do in this scenario is click on the lower indicators and I want to scroll through until I get that P/E ratio. So when I click out, you will see down here that this is a graph of the P/E ratio and I simply just have to hover and it will show me what that number is.
It's showing right here on the right-hand side of my little PE chart here.
So I hover, I see the date towards the top. Is going to correspond with this chart for the price.
This is date up here and then I will see my P/E ratio over towards the right, wherever I hover.
I go over time and see what the P/E ratio has been as the stock price moves over different periods of time depending on what I put in for inputs there.
The chart is going to be a help if you want that historical information.
>> Next question is someone who likes to look at charts. They want to talk about price action. Where can I learn more about technical analysis and find events? This is an interesting area. There is a lot to learn.
>> Yes, technical analysis is definitely an interesting part of the investing world, and somewhere where a lot of time can be spent in lots of learning can be done, lots of different types of analysis can be done.
Let's hop right in and see where the technical information is, speaking of charts.
I'm on my chart tab here but you will notice on the right-hand side that there is a tab called technicals.
If I click there… What this is going to show me is this going to show me information about the particular security that I'm on.
It's going to show me some information about different events that have happened for this particular security.
If we know a little bit about it, it could be a good place for us to go.
If we are starting in a more basic way, we will click research and then go under markets and click technicals at the bottom. That will give us a whole market overview of technicals and show us all different kinds of events that can be happening on different securities all across the market.
As I scroll through, is going to show me different types of events like bullish events, popular events trending now, bearish events, and if this all sounds like complete nonsense to you and you are not as familiar with technical analysis are with these different terms mean, good news!
We have a little education Here. We are going to click and it's going to take us to some educational material.
It's going to tell us what technical analysis is, so basically analysing price changes, looking for different patterns and relationships and price history to make predictions about what's going to happen in the future.
As we click through, is going to go into all different types of patterns that we could see and we can click on each individual one and understand a little bit more about the pattern, what it looks like and what different determinations and information that you would potentially take from something like that.
So there's a ton of information in here about classic patterns, short-term, different indicators as well as oscillators.
If you are looking to get more into charting, this is one of the great places to come.
If I go back here, out of the education piece, if I am familiar, I've done my research and I want to look for some of those events specifically, I click over here on this little three line menu, click on screener and similar to our stock screener, we can filter through for different types of events.
We can see here there is a listing of different types of events and I actually click through and choose different types of stocks that I'm looking for information on. Maybe I want something on the TSX 60.
I choose different industries and I choose if I want bullish or bearish.
So lots of stuff to kind of dive into here on technicals. I would definitely recommend that you go to that education cap as well as we have a lot of information and education Centre as well.
We are also on YouTube.
We have a YouTube channel for TD Direct Investing. It is @TD_directinvesting.
Check that out and see all of the upcoming educational content we have on this and lots of other topics.
>> Some great resources there are definitely a technical analysis is very interesting. You start going down that path, you learn one indicator, it's interesting, and then there's five more to learn. Very interesting stuff.
As always, make sure you do your own research before making any investment decisions.
we will go back to your question for Caitlin Cormier on the WebBroker platform in just a moment's time.
And a reminder, of course, you can get in touch with us at any time.
Do you have a question about investing or what's driving the markets?
Our guests are eager to hear what's on your mind, so send us your questions.
There are two ways you can get in touch with us.
You can send us an email anytime at moneytalklive@td.com or you can use the question box right below the screen here on WebBroker. Just write in your question and hit send.
We'll see if one of our guests can get you the answer right here at MoneyTalk Live.
Okay, we are back with Caitlin Cormier, we are taking your questions about the WebBroker platform.
Didn't give you a big break there. Are you ready for the next round?
>> I'm ready.
>> You can definitely outlast me all this game. Here's a long question.
The market overview screen has a box to search for specific stocks.
It saves the 10 most recent searches. I'd like to see the current analyst Outlook for all the stocks I have my portfolios, that's more than 10 in some cases. Is there any place I looked to see the current analyst Outlook for all the stocks I currently hold in excess of 10?
>> Yes! This is a great question. There are a couple of different things that we can do to look at analyst evaluations about stocks. Let's go ahead and cover it.
One place you can do this is look at your holdings within your portfolio. I don't have any holdings. I have a demo account here is that there are no holdings available.
But I can show you on our watch list, very similar. Top right hand side of the screen, I'm going to choose this star where it says watchlist.
Let's go ahead and choose one of the watch lists with the stocks in it. If I want to see, this is relatively similar to what you would see under your holdings page.
You will see all of the different stocks that you hold and you can simply click this little down button and it will show you here what analyst ratings are.
It doesn't give you a detailed report of what these analysts are saying, you can go to the reports and read more, but if you are looking to see whether it's a body, a sell or a hold, you can simply come here and see the analyst rating under this drop-down. So as I said, within your personal profile, same idea. Hit this drop-down, see your analyst rating right within that area. That would be a great place to get that information within your existing holdings. Another great place to go is Analyst Centre. I'm going to click research, markets, and choose Analyst Centre. This will be for the entire market. It's not just the stocks in my portfolio but it will show all of the stocks that have had recent ratings changes. What I'm seeing right here are kind of the most recent ratings that have come out. These analysts have published these particular analyses today, giving their opinions on these different stocks.
I go in and filter them down a bit based on what sector they are in or that sort of thing. And I also hit trending stocks which will give me consensus on the most covered stocks in the market.
I go ahead and see here with these analysts are saying about this stock.
We can see ratings in the past 90 days, with the consensus is, the average price target and what would be the consensus is whether it is to buy or a strong buy.
There are a few different places to find that information but if you are looking specifically for stocks you are holding in your portfolio, the easiest way is going under account, holdings and then as I mentioned, it will show similar to hear as it does in the watchlist with the little arrow you can click on the sea with the overall consensus is for your stocks.
>> Let's take another question from the audience for Caitlin. Viewer says, I would like to know a certain TSX listed stocks do not appear in the company movers section of your site. For example, they noticed that Calibre Mining was 5.84% or more but it had not appeared among the company movers all day.
They say they noticed it before with other TSX listed stocks and it does not appear to be based on a minimum value, for example you have new gold listed today selling at 1.71 which is only a few cents above what CXB is selling. Thank you.
What do you think they're looking for here?
>> Yeah, so we have a part of our website or within WebBroker, in the research section, where we look at the top mover.
So what companies are moving the most in the markets? Whether it's positive or negative, it's always important to understand what's going on in the market and what's moving the market.
That gets covered quite a bit on the show.
Let's take a look at where we can find that information and then dive more specifically into the question that this particular client is asking.
Under research, we are going to go to markets I'm going to click on overview.
And I'm going to go ahead and scroll down and on the right hand side, this boy received the company movers.
So we can make changes here as to what type of information we want to see.
We have percentage gainers or losers, dollar gainers and losers, the most actively traded, those sorts of things.
But to highlight the question that the investor has asked us, this is only showing the TSX Composite.
It doesn't necessarily show absolutely everything that is listed on the TSX. It shows the TSX Composite which is the index.
There could be securities not showing up there that you may see movement in.
I think that would be the key component to end that the investor is asking about.
Just keep in mind that it is the TSX composite index that we are looking at in this scenario.
If I click on company movers, it will bring us to a new page.
You will notice on the left-hand side that it is also showing me different indices.
If I want to know which different stocks show up on the TSX composite index, on the left side, I scroll down to where it says TSX composite index, click and then scroll down to members.
That is going to show me all of the different stocks that should show up if they have the type of movement within the day. These are the stocks that are going to show up within the company movers under that particular choice there on the TSX composite. I also see what companies are on the SNP TSX 60.
Keep in mind that that information is specific to the TSX composite index they can help in here and see what different companies will or will not show up in that type of reporting.
>> If my stats are correct, it's over 1500 listed names on the TSX, but if we are talking about a composite index, it's all a matter what you are screening for to get a look at the company you want to look at.
>> Exactly. Some of the smaller companies are not going to necessarily show up and they might have quite large price movements but they are not moving the whole market quite as much of those bigger companies would based on their market cap.
>> Interesting stuff. We are going to get to your questions for Caitlin Cormier about the WebBroker platform in just a moment.
As always, make sure you do your own research before making any investment decisions.
And a reminder that you can get in touch with us at any time. Do you have a question about investing or what's driving the markets? Our guests are eager to hear what's on your mind, so send us your questions.
There are two ways you can get in touch with us.
You can send us an email anytime at moneytalklive@td.com or you can use the question box right below the screen here on WebBroker. Just write in your question and hit send.
We'll see if one of our guests can get you the answer right here at MoneyTalk Live.
The wars in Ukraine and the Middle East have put a spotlight on geopolitical risk and the tangible disruptions is causing in many areas. Anthony Okolie joins us now with TD Economics look at the impact that these risks posed to global growth. A few things here, inflation, commodities, what are they saying?
>> We will start with escalation in the Middle East which continues to reroute ships away from the Suez Canal, the Cape of Good Hope. This has pushed up container freight rates between China and Europe by roughly fourfold since October. Meanwhile shipping rates from China to the US have doubled.
Supply chains are starting to elongate once again and price pressures are beginning to show as well.
The magnitude of shipping shock is still a fraction of what we experienced during the pandemic era disruptions.
There is some offset coming from disinflationary forces.
China is helping to limit the extent to which a tailwind can be built to lift global inflationary pressures. In addition, oil prices have largely shrugged off the potential of disruption amid geopolitical turbulence. WBT I has traded tightly between 70 and $75 per barrel over the last two months and that suggests that no risk premium has been built into the price due to the conflict.
In the coming months, TD Economics is the price that should primarily be driven by fundamentals, specifically strong demand.
For one, the extent of US shale production slowdown in addition to OPEC and its members ability to stick to voluntary production cuts.
TD Economics expects that the inflation outlook incorporates a trend in oil prices back to $80 per barrel on the back half of this year. When we look at industrial metals, the outlook depends on the demand picture, according to TD Economics, particularly China.
New government stimulus there is aim to provide a list of prices but the upside is likely capped by the broader slowdown in industrial production and manufacturing in China.
On a different note, tensions have cooled between China and the United States. TD Economics expects that the overall global economy is trending slightly better than their expectations in their December outlook. 2024 global GDP growth expected to register at 2.8% growth versus the 2.6% in the December outlook. The largest risk is the fiscal stimulus in China fails or the US economy starts to strain under the weight of higher interest rates.
>> Interesting stuff. Thanks for that.
>> My pleasure.
>> MoneyTalk's Anthony Okolie.
Now, for an update on the markets.
We are having a look at TD's Advanced Dashboard, a PlatForm designed for active traders available through TD Direct Investing. This is the heat map function, gives us a view of the market movers.
The TSX 60 is where we will begin, sorting by Price and volume. I mixed session out there. Denison Mines, uranium play, is to the upside and so is Cameco, a little shy of 2%. We also have the biggest banks in Canada reporting quarterly earnings this week. Price action is to the downside.
We had a report earlier today as well, looking at EMA, utility is down to the tune of 3.8%.
The green in the corner would be Shopify giving a push to the upside. South of the border, I want to check in on the S&P 100.
The S&P 500 last week hit 5100 for the first time ever.
A little bit of downward pressure today on the S&P 500. It's basically flat.
If we focus on the top 100 names, teslas up to the tune of 4%. Investors are not scared by that BYD car that can challenge a Ferrari. BYD is the Chinese EV maker, a big competitor for Tesla. Google is under some pressure today, down about 4%. A bit of a mixed bag among the chipmakers. You can get more information about TD Advanced Dashboard by visiting TD.com/Advanced Dashboard.
We are back with questions for Caitlin Cormier. With the conversation around the approval of Spot ETF in the US, what research tools do we have an WebBroker for looking for these products?
>> That was over a month ago, the bus coming out of the new year, lots of chatter around crypto.
It's always an interesting subject to cover. We will go into detail on that today. But we will cover how you can find these ETFs if you are looking to research them a little bit and find information about these 11 that were approved, let's hop in and see how we can use our screeners tool to find them.
We are going to click on the research button towards the top.
Here, we are going to go under the screeners tool. When we got here, we are going to stick with stocks but I'm going to go ahead and choose screening because I'm going to create my own screen and I'm going to click on… ETFs, not stocks, click on ETFs.
I had a little blip there.
>> It happens. It's Monday.
>> That's right, it's only Monday.
Now I'm going to choose my fund type here and I'm going to scroll down and we want to choose back in here, let's uncheck our mutual funds and we should be able to get… Let's see.
Fund categories what we are looking for.
Fund category!
Under the Canadian side, it is going to be alternative other.
These are going to be the Canadian bitcoin ETFs or any type of crypto ETF. And on the US side, it will be under the digital assets. Here we are, US digital assets.
There are 93 total ETFs that are going to show up.
We are going to click view all 93 matches.
Not all of them will necessarily be bitcoin. Some will not be Spot type. Some will be older approved versions.
Some of them are leveraged. There are lots of different types of ETFs in here so you have to do your due diligence to understand which ones you are looking at.
If you are thinking more specifically of the ones that were recently approved, if we click on the profile, we will see when the fund was created, fund inception, and if we click to sort by that, we can see the ones that have come out recently. We can see here around that January 10 timeframe which is when we got that approval, we can see that these are the ones here that were actually approved to be training in that spot bitcoin type area. I would recommend going into each one to make sure they understand what it's all about and you make sure whether you know it it's the spot or the futures like this one here and understanding how it is managed.
But if you are looking to find where they are and how you can find these funds to do some initial research, it's under that digital assets category in the US and it is alternative other under Canadian and that will pull up those different ETFs. In Canada, we've had these around for a couple of years now so we do have spot ETFs in Canadian dollars if you want to delve into those as well.
Their results would be in here as well.
>> An interesting place to start the research at home.
As always, make sure you do your own research before making any investment decisions.
another question know for Caitlin. Someone wants to know, what other ways can investors use the WebBroker screeners tool to find ideas?
>> Now we get to jump back into the stock side of things.
I knew this question was coming.
We're going to go ahead and choose stocks here. Let's talk about the ways you can use the screeners tool to find some different investing ideas.
Instead of choosing your own screen, which is a great option to be able to go ahead and create your own custom information, we can go with a different theme. We got the bitcoin ETF which would be a relatively new theme that we have available, so we can go ahead and click directly to bitcoin ETFs listed here, we can also see things like Canadian dividend ETFs, different stocks that are available in ESG, we can see stocks that are impacted by the Metaverse, so there are some really neat categories here if you are looking to expand your portfolio in one way or another or do some research, you can click on any of these different themes to do more research. There are also preset screens but if you want to see some socks paying growing dividends over time, this might be a screen you want to do research around. If you are looking for stocks that are undervalued, maybe you were looking to buy that diamond in the rough, you could start here and see if there are some names that are available.
So let's go ahead and click on that. It is going to show us that there are 201 matches.
That's 201 companies for me to go through and do a bit more research on. The first thing you will notice here is that they are ranked.
The top 10 here are ranked based on how well they meet the criteria that the screen has input here.
The P/E ratio, the price-to-book ratio, dividend yield, growth rates of the dividend, depth equity ratio and the stock price and share type. I filter this down further.
If I wanted to choose maybe just Canadian companies, I click on exchange and choose Canada only and that will take us down to 31 matches which is a lot more manageable.
We can sort through. I also choose different things if I click that more criteria.
If there are different sectors or parts of the market that I am more interested in, maybe I want to look at just a couple of different areas so I will choose maybe three and then close and then all of a sudden I am down to six different company is maybe I could add to a watchlist and do some further research on.
Just a way for us to get some additional names and have a theme going into a, a bit of a specific sort of thing that I'm looking for and then be able to dive in a little deeper once I have some names to look at.
>> We have run out of time for the audiences questions. It was a pleasure having you on for a full show. I know we will hear from you again in smaller segments before the next one but I look forward to the next one.
>> Absolutely. It's always a pleasure to be here to be able to answer questions for our clients.
>> Thanks to Caitlin Cormier, client education instructor with TD Direct Investing.
As always, make sure you do your own research before making any investment decisions.
stay tuned for tomorrow show. Kevin Hebner, global investment strategist with TD Epoch will be our guest, he wants to take your questions about artificial intelligence. You can get a Headstart.
Just email moneytalklive@td.com.
That's all the time we have for the show today.
Thanks for watching and we will see you tomorrow.
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