RBC

avocadoroom

ahhhh RBC

Nameisnotyours

The same happened to me with RBC. Mediocre returns, “advisers” often in the golf course and “advice of the most anodyne sort because management doesn’t want the liability of some dumbass giving advice.

Eastern-Job3263

I’m gonna dump more money in RBC

moonkiska

Wrong. CBOE absolutely has market makers and routing partners. Here is a list: ```Akuna Securities LLC All Options USA LLC Barclays Capital Inc. Belvedere Trading LLC Black Edge Securities LLC BNP Paribas Securities Corp. BofA Securities, Inc. BTIG, LLC Casey Securities LLC Citadel Securities LLC Citigroup Global Markets Inc. Consolidated Trading LLC CTC LLC Dash Financial Technologies LLC DRW Securities, LLC Dynamex Trading LLC Geneva Stock, LLC Global Execution Brokers, LP Group One Trading LLC HAP Trading, LLC HRT Financial LP IMC Securities LLC IMC-Chicago, LLC dba IMC Financial Markets Instinet, LLC Interactive Brokers Corp. J.P. Morgan Securities LLC Jane Street Capital, LLC Jane Street Options, LLC Jefferies LLC Jump Trading, LLC Lakeshore Securities, L.P. Lamberson Capital LLC Marathon Trading Group LLC Matrix Executions, LLC Maven Global Markets Trading LLP Morgan Stanley & Co. LLC National Financial Services LLC Old Mission Capital, LLC Old Mission Markets LLC Optiver US LLC RBC Capital Markets, LLC RQD* Clearing, LLC SG Americas Securities, LLC Simplex Trading, LLC SpiderRock EXS LLC Sumo Capital LLC Susquehanna Investment Group Susquehanna Securities, LLC TJM Investments, LLC Tower Principal Markets LLC TradeZero America, Inc. TRC Markets LLC UBS Financial Services Inc. UBS Securities LLC Vanaheim Securities, LLC Velocity Clearing, LLC Virtu Americas LLC Vision Financial Markets LLC Walleye Trading LLC Wells Fargo Securities, LLC Wolverine Execution Services, LLC Wolverine Trading, LLC X-Change Financial Access, LLC XR Securities LLC```

MutaliskGluon

If i go check my amount of USD, my wifes amount, then add in our home equity to come up with a Net Worth... I get that 31% of our net worth is in USD. And her stuffs all in RBC which allows norberts gambit to exchange without fees. So my WS portion is only 20% of the total Net worth so its not a big deal

Apoptosis-Games

I almost want to just glimpse 50 years into the future to find out if the new world currency ends up being Retarded Butt Creampie coin. Ah yes, the good old $RBC...we'll endearingly refer to them as 'tardies' in causal conversation.

aznkor

U.S. banks aren’t allowed to operate in Canada, yet we allow TD and RBC to have branches here. Mexico doesn’t allow certain U.S. agricultural products, yet we freely import their avocados, limes, and tequila. Do you understand that this tariff issue is the other side of the same coin as “it’s wrong for multinational corporations to exploit cheap/slave labor in third world countries”—traditionally a progressive liberal position? Your arguments make it seem like the 1999 Seattle WTO and 2011 Occupy Wall Street protests were right-wing movements. It’s been proven that Trump isn’t a Russian agent. Reply with proof to the contrary. https://www.bbc.com/news/world-us-canada-59168626.amp Treason has a very specific legal definition in the U.S. Constitution, so it’s not cool to be so flippant about it: “Treason against the United States, shall consist only in levying War against them, or in adhering to their Enemies, giving them Aid and Comfort.” Regarding why he did it, tariffs were a cornerstone of his campaign: https://www.theguardian.com/news/audio/2024/dec/16/the-most-beautiful-word-in-the-dictionary-donald-trumps-tariff-plan-podcast All of my comments have been logical and backed up by sources. It’d be better for your argument if you craft it with reason and evidence, instead of *emotionally* making general (and unfactual) claims. Unless, you’re just trolling.

Oldmanyoungmoney

Same way as this time in 2020. Opening up the mortgage and asking for more cash. Hoping timing works out. Getting another 200k on April 30th. I’m Covid missed some of the gains as timing was off by 20 days or so. Last time bought 100k of RY. Dividend was like 10% at that time. And RBC (RY) gave me the loan at 1.5%. Seemed like a no brainer. Stock doubled and they paid me dividends to pay their loan.

Soopy9

RBC Dominion Securities, 'nuff said

IBetThisIsTakenToo

> The claim says RBC advisers failed to understand and support DeVocht's evolving wishes to "essentially retire" by liquidating his Tesla options and moving the wealth into secure investments that would generate passive income. I mean I’d like to see what the correspondence looked like, but at some point this is on you dog. If I had turned $80k into >$100m and I wanted to cash out it would not be difficult to understand my wishes. If that shit didn’t happen promptly I would be at the broker’s house the next morning waking his ass up. His neighbors would know I was ready to sell

defnotIW42

RBC SPY baseline now 5500 for THE YEAR

rcbjfdhjjhfd

Block and Morgan Stanley announced layoffs. Deloitte pretty much eliminated their entire government consulting arm. Mass Federal United health RBC, all doing buyouts and layoffs

Right_Archivist

Now? I sure hope you aren't selling now of all times. If you've got any capital in US-based ETF's then at this point you might as well just hold... unless you actually think the SP500 is reaching $0 by tomorrow. GSachs, JP, Morgan Stanley, RBC, and even Bloomberg all concede a $6500+ S&P500 by December.

racks_long

Bro I’ve “worked” with NT before. Top 5 of financial companies that don’t know what they’re doing along the likes of RBC, Santander, and Citi.

Euphoric-Magazine300

Y3ah RBC downgraded it today.

LowPr3ssure

Brother, have you not been looking at the number of articles trying to pump stocks clearly on the edge of a cliff. RBC Capital Markets & friends coming out and saying everything going on with Elon/Tesla is simply noise and should be ignored. The level of delusion in permabulls is insane, at least bears can point to statistics to back up their current investment thesis.

_hiddenscout

RBC's 'View' regarding NXT as for the report is as follows: "We are initiating coverage on NXT with an Outperform rating and a $55 price target. NXT has built a track record for continued operational improvement and has made structural enhancements the past few years that are resulting in more favorable cost absorption. The company's unique product design can reduce overall system cost and its industry leading software (TrueCapture) can be a significant value add for customers. We believe there is upside to FY26/27 consensus estimates and believe a valuation premium to peers is warranted given the strength of the balance sheet and FCF optionality."

ChristUnfoldedIs

Mhm. I mean, it certainly didn’t seem predictable to other folks I talked to in January. I saw my buddy who manages a fund for RBC at a surprise party and he called me an idiot and bet me $20 it would blow up in my face lol. Even though it’s looking like it might pan out for me, and thank GOD I did the same for my retired parents, but I still wouldn’t run around recommending people try to time the market. The pitfalls of that strategy are almost literally the first thing you learn about investing for most people. But sometimes it is easy. When I saw the way it ran bc Trump got elected I had to pinch myself. The collective memory is so short, and it was so clearly an opportunity to make a lot of money twice. Everything I’ve done so far this year has been blatantly obvious meme bullshit. The whole world has been waiting for the right moment to call BS on Tesla’s valuation, and when I saw the sieg heil I went “there’s the starting gun” and started shorting. Sometimes it pays not to overthink it. It is VERY unusual to have people as influential as Elon and Trump putting their finger on the scale every day. You read a headline, and then you watch the line react. Never seen anything like it, and it has me tossing out the rule book.

MadUohh

Best for me is RBC at -9.8%. But my RDDT is still better at 30% total return over RBC's 11% even after the -20% on RDDT in the last week's lol

RandomGuyNamedChris

puts on canadian banks TD, RBC and BMO

ChristUnfoldedIs

I was sitting in RKLB for years and I don’t know what to tell you about my buddy at RBC. Gonna see him in Banff in two weeks. Cope as you must 🤷‍♂️

ChristUnfoldedIs

If I’d listened to these condescending twits who spit aphorisms instead of ditching my individual stocks in January I would have lost sooooo much money. Obviously that has a lot to do with what stocks I was in, but we haven’t even begun to feel the fallout of the mad king. They cannot fathom that what’s going on right now has no analogue in their lifetime. As a person who sold RKLB in January and started betting against TSLA when I saw the sieg heil, it’s absolutely bonkers talking to people on here. They all sneer “We’ll see how THAT works out for you” while I’m already sitting on a pile of money and literally saved my retired parents hundreds of thousands. And what I did was so simple! Like, just the most obvious shit. “Oh, Trump uncertainty is gonna crush anything with highly speculative value” and “Oh, becoming an open nazi is bad for sales” Don’t listen to these fools and overthink it. Step out before he announces our exit from NATO or one of his standoff escalated into a genuine trade war or more metrics start rolling in about what happens when you stab the American workforce in the heart. It’s inevitable. You are being provided an extended window to protect yourself by virtue of the hubris you see in this comment. Several of my oldest friends are pros—one of them manages a huge fund autonomously for RBC. They’ve all made careers on defiant optimism, and what you see in these comments is the way that sensibility trickles down to avid amateurs. They’re all going to eat a lot of shit in penance.

TintinButWithCats

The crazy part is he could still fail while winning: "B.C. man sues RBC after earning then losing $415M on Tesla stocks" [https://www.cbc.ca/news/canada/british-columbia/man-sues-over-tesla-stocks-1.7343048](https://www.cbc.ca/news/canada/british-columbia/man-sues-over-tesla-stocks-1.7343048)

Great-Ad-4416

and what would that be? serious question: stock price is based on compnay's future profitability. canada has the following fortuen 500 companies Thomson Reuters (Media & Information Services) Royal Bank of Canada (RBC) (Banking) Toronto-Dominion Bank (TD Bank) (Banking) Enbridge (Energy) Power Corporation of Canada (Financial Services) Suncor Energy (Oil & Gas) Manulife Financial (Insurance) George Weston Ltd. (Retail & Food) so what would you invest in that's better than the U.S.? let's get real. in the last 20 years, Canada has give up its tech sector (remember ATI? BlackBerry? Nortel? Bombardier?) and defence sector (they use to have the one most advanced jet, the CF 105). and now all they have is bank and energy, and let's not forget they don't actually have the capability to refine their heavy crude oil, and have to sent to the U.S. refinary at ... get this.. lowest price of any kind of oil market. even lower than that of Russian oil which is heavily sanctioned.

Ordinary_Basis_1599

in the immediate day after a federal government shutdown the market median drop was -2%. In the preceding 10 days to a shutdown the median decline was 10.2% (Per Lori Calvasina of RBC Capital). AFTER the immediate shutdown drama reaction sell-off, the market has rallied over time. Sometimes it has gone up durning the shutdown, sometimes now. However a government shutdown will mean the next day the market drops and probably 2%. Do your own research. Or show me I'm wrong, and I'll let Lori know.

givemeyourbiscuitplz

In the past 25 years, the TSX and the S&P500 had very similar return in CAD. Articles in 2022 from RBC give a 8.07% annualized return for the TSX and 8.26% for the S&P500. Considering the robust performance of the S&P500 since 2022, that gap is probably bigger now, but nothing exceptional.

Ok_One_8106

I mean one was down one was up between BMO and CIBC. Maybe you are considering something I am not. I would buy calls on one/more of RBC, SNOW, and CRM today if I did anything but I have too much money tied up elsewhere

Pristine_Flight7049

Far as I can tell no major news this week. Analyst price targets came out 2.18 and 2.13 from Leerink Partners and RBC with $16 price target which may have caused the run up last week.

Ok_One_8106

4 of the big Canadian banks all reporting earnings over the next two days. BMO CIBC RBC BNS. This can be a pretty easy earnings play using guidance and EPS beat of two, as well as market reaction to play the others. Anyone doing it?

Ok_One_8106

4 of the big Canadian banks all reporting earnings over the next two days. BMO CIBC RBC BNS. This can be a pretty easy earnings play using guidance and EPS beat of two, as well as market reaction to play the others. Anyone doing it?

BigBigMooney

RBC

Sriracha_ma

Calls on caravana seems like free money ? RBC with another monster upgrade … almost all institutional giants all in on cvna Seems easy money this

Sriracha_ma

Calls on caravana seems like free money ? RBC with another monster upgrade … almost all institutional giants all in on cvna Seems easy money this

Sriracha_ma

The institutions seem hell bent on pumping it for sure - RBC with a monster upgrade out of the blue.

Much-Dealer3525

RBC Capiital analyst Rishi Jaluria notes that Palantir shares have fallen 14% over the past two trading days, which the firm attributes to the resignation of the Chief Accounting Officer that was communicated in the 10-K, reports on planned defense budget cuts and the adoption of a new trading plan by the CEO that allows for the sale of up to 10M shares through September 12, 2025. The firm, which sees “further downside from here,” maintains an Underperform rating and proce target of $40 on Palantir. https://www.tipranks.com/news/the-fly/rbc-sees-further-downside-from-here-for-palantir

Spliffmagee

It’s absolutely terrible and it’s BS that it cost $9 per trade $15 if trading in US dollars It’s also $15 each options trade plus a percentage on every option Here is another one their financial advisors are always trying to get us to buy RBC mutual funds just so they get an extra kick back in commissions

AustinLurkerDude

Some of these are doing better than what it appears on the NYSE because of the drop in the Cdn dollar. Like RBC. Basically buying now, you're guaranteed substantial gains once the Cdn dollar goes back up.

SheerLuckAndSwindle

This is the only comment you’re gonna get from retail investors, which should tell you something about why the line doesn’t react to everything your eyes and ears are telling you. The pros in my life system are much more circumspect. One of them autonomously manages a large fund under RBC, and has, in his words, made an entire career of contrarian optimism. Tons of movement to non-US stocks among that set.

NewDividend

The reason why i actually believe this conspiracy theory, is that just about every big bank has a ridiculous price target even further up on it. JP Morgan $350 (are you fucking kidding me?) BofA $210 RBC $280 Piper Sandler $225 Citigroup $277 Wells Fargo $275 ...... This shit is shady AF

SunScope

Oh a fellow RBC Direct Investing account holder. There's a gap to fill down to 180ish but it's also possible you'll see a bounce here off the daily 50ema. Good luck champ

GalacticMegaHold

I'm bringing to light some very unusual activity in Quantum BioPharma's stock, which seems to defy logical trading practices given our float size. To give you an idea, Quantum, with a market cap of about $10M, experienced over $500M worth of shares traded just yesterday. This is particularly intriguing considering the total number of shares is less than 2 million, with even fewer in the float. We're talking about individual transactions where up to 4 million shares were traded at a time, and many other trades ranging between 500k to 700k shares. Here's where it gets even more interesting: Quantum is currently engaged in a $700 million lawsuit against major players like CIBC and RBC, alleging stock price manipulation/spoofing. This raises questions about whether the current trading anomalies are connected to broader manipulation tactics that might be at play. Given these baffling numbers and the serious nature of the lawsuit, I believe there's something deeper happening here that merits a closer look. Could this be indicative of naked short selling or other manipulative trading strategies? I'm reaching out to the community to help unpack these occurrences. Does anyone have insights or expertise in how such disproportionately high trades can occur with such a small float? Your input could shine a light on potential irregularities and guide further investigation. Thanks for keeping this post up, mods. Looking forward to some eye-opening discussions and insights from the community!

HolyCatTurdsMouseMan

This is why. Unexpectedly, the company provided quantitative guidance for 2025 capex at $75 billion which was significantly ahead of Street at $58.7 billion and the primary reason for the stock’s sell-off after-hours,” said RBC Capital analyst Brad Erickson in a report. “AI spending is the culprit here.”

Acceptable_Team2728

Is Credential Investments part of this? RBC?

3D_Destroyer

Could you point out where these so called 10$ fees you see are? I've been on WS for a long time and have never seen such a thing. I think you've mistaken WS with bank direct investing (TD and RBC for example) who charge 10$ per trade. WS has no fees and just charges 1.5% forex for USD trades.

Apprehensive_Fox4115

I just got an email article saying that rivn will be at $14 a year from now 😔 [link](https://www.tipranks.com/news/tesla-or-rivian-rbc-weighs-in-on-the-better-ev-stock-to-buy?adt_ei=danianderson1118%40gmail.com&ref=cmpeml-tst1-v2&utm_source=ActiveCampaign&utm_medium=email&utm_content=Tesla%20or%20Rivian%3A%20RBC%20Weighs%20in%20on%20the%20Better%20EV%20Stock%20to%20Buy&utm_campaign=story_Wed_29012025_Test1&vgo_ee=nmDCWnppAz4h%2FhVrrb2Bz7t2w%2BUfOEm2XqJ9Ewwb%2BSo26mmR9MHqZJ2v%3AeyGS5PEKNQewYzRGIEddQoWZ7mTAok%2By)

nanocapinvestor

RCI just [got cleared to buy Bell's stake in Maple Leaf Sports for C$4.7B](https://finance.yahoo.com/news/rogers-provides-acquisition-bell-37-213000410.html). That's a fat chunk of cash they're dropping. Market's probably pricing in the debt load. Your P/E analysis isn't wrong - fundamentals look solid. But they're throwing around billions like it's monopoly money rn. And RBC just [slashed their price target from CA$66 to CA$61](https://finance.yahoo.com/news/rbc-lowers-price-target-rogers-122710875.html). Those Jan calls are pretty fukt tbh. I'd roll them out further - this acquisition shit takes forever to digest. Plus Canadian telecoms move slower than my grandma at bingo night. At least you'll get to watch the Leafs lose in HD when this is all over. 🍁

steeljesus

Go see a professional for advice if you're seriously asking that question. But not anyone at RBC.

himynameis_

Thing is. The bubble is driven by the tech companies which are taking a bigger portion of the market. Like Apple, and MSFT which are +30 PE and Nvidia which is 51 PE. These 3 are roughly 28% of the market, give or take. So of course the PE would be higher. Excluding the Mag 7, the s&p500 is roughly 18, as per RBC on June. I can't find a more recent number (and a bit lazy to recalculate it 😅)

haarp1

Zyn, a product of Swedish Match, which is owned by Philip Morris International, comes in hockey-puck size containers of 15 pouches—a user places one between the lip and gum. Some bankers said they have seen colleagues use so many Zyn pouches in a day they ingest the same amount of nicotine as they would by smoking a pack of cigarettes or more. Empty containers are commonly stacked in pyramids around bullpens. Some analysts in the Houston office of Jefferies were known to put two Zyn pouches in at a time while cranking out financial models and PowerPoint slide decks, according to three people who worked there. They said Zyn helped bankers cope with a major spike in hours this year, when they would work until 4 a.m. for days in a row on big deals, such as the $26 billion merger of Diamondback Energy and Endeavor Energy. The product often sells out online and in retail stores, including at shops near investment banks. In Manhattan, Smiler’s Deli across the street from Jefferies typically sells out of Zyn a few days after getting its twice-weekly shipment of nearly 100 containers, a cashier said. The store had a bag of competitor brands behind the counter to offer to customers who need a fix as it waited for its next delivery. Changed personality Prescription medications are widely used to get through the long days on Wall Street. One former banker said he started taking Adderall while working at Guggenheim Partners in New York between 2017 and 2019 after realizing that many others were on it. At the office, “there were pill bottles everywhere,” he said. A banker at Wells Fargo said he takes 50 milligrams of Vyvanse each morning and 20 milligrams of Adderall some evenings. A typical starting dose is either 30 milligrams of Vyvanse or 5 milligrams of Adderall a day, according to Glazer. Because of an ongoing shortage of ADHD medications, the banker often struggles to find a pharmacy that can fill his prescription. He has a list of around 10 he tries each month. He said he realized he was addicted when he found himself sitting in traffic on a city bus in Queens, nearly an hour from his office, to get to a pharmacy that could fill his prescription. He also said he has felt himself become antisocial and isolated from using the medication over the years. He said the amphetamines hinder his ability to have casual conversations at work because he feels anxious and laser-focused on working. Instead of socializing, he exercises almost every night at a gym near his apartment or plays videogames by himself. He said he felt the drugs make him robotic and highly transactional, unable to entertain the idea of socializing with strangers—because he sees no immediate value-add. One woman who worked in commodities finance in Boston found Adderall to be a miracle drug for the first year, giving her so much energy that she would work late into the night and stay at the office for 48 hours. She said that on the drug, she could focus on analyzing obscure trends in commodities markets and build complex forecasts of power prices for hours without needing a break. She lost around 30 pounds and was rarely eating, but she was succeeding at work and decided not to think too much about it. Over time, she said the drug altered her personality, making her overconfident and financially irresponsible. She would take short breaks at work to gamble with her savings by investing in penny stocks. After nearly two years, she realized she depended on the drug to have the energy to do anything. She tried to quit cold turkey. She stopped going to work and started to lose thousands of dollars on her risky investments in penny stocks, but she didn’t sell off the bad bets because she felt no motivation to go anywhere or do anything. In 2021, she quit her job, sold off the stocks and moved to California for a time. She has struggled with depression and relapses since then. Adderall is also widely bought as a street drug. But the risk is that counterfeit pills can be contaminated with fentanyl, an often deadly opioid. Two college students at Ohio State University died in 2022 after taking counterfeit Adderall pills that contained fentanyl. Glazer, the New York psychiatrist, said people who misuse stimulants are more prone to seek out other types of drugs. Michael Bloom, 29, joined Royal Bank of Canada in New York in 2022, eager to prove himself after transferring into investment banking. His team worked on deals in the financial technology industry, and two people who worked on the team said it was known for long hours and high turnover. A superior pulled Bloom aside and voiced concern that he was using Adderall to manage his workload, a person close to Bloom said. Bloom told him he didn’t think it was an issue that he was taking the pills, and that he needed them to concentrate. On April 11, 2023, Bloom went home from the office around 7 p.m. and worked through the night from home, according to three people familiar with his schedule. One person on his team pinged him around 9 p.m. to see if he had more bandwidth to start working on a new project, and Bloom said he couldn’t because he was already too busy, one of the people said. He took another call around 3:30 a.m. from someone he worked with, two of the people said. His wife found him dead on the floor the next morning. An autopsy concluded he died accidentally from acute intoxication from the combined effects of fentanyl and ethanol. It couldn’t be learned how the fentanyl entered his system. A spokeswoman for RBC said, “We remain extremely saddened by the loss of our colleague and friend. Our thoughts continue to be with his family.”

DSCN__034

I appreciate our polite discussion. I guess I need a reference for the study above to see how it is designed. Here is a study posted by rbcgam looking at the same concept and the results make more intuitive sense. They compare dollar cost averaging versus buying at ATH. [https://www.rbcgam.com/en/ca/learn-plan/investment-basics/investing-at-all-time-highs/detail](https://www.rbcgam.com/en/ca/learn-plan/investment-basics/investing-at-all-time-highs/detail) The take home lesson is that over the long term it doesn't really matter. The odds of the market being higher 1, 3 and 5 years out is good. To add to the data on RBC's website, this year we have had 56 new ATHs in SPX, which is roughly 25% of trading days. If you are under 50, don't worry about it, just keep investing. But it does not give the entire picture for someone closer to retirement. What the data does NOT look at is HOW MUCH the market drops when it does drop, and also whether other investments (bonds, commodities, small caps, etc) might outperform the SPX over various time frames from SPX ATHs. If you are retired or approaching retirement this question is very important. Okay, according to RBC, the market is only lower 9% of the time one year out, but HOW MUCH lower? An investor putting money to work from 1998 to 2000, with the market at all time highs pretty much every week (like this year), would have been under water 10 years out. Brutal. And in 2009, he/she would've been down 30% from ATH in 2000. That's a lot of pain. And then it begs the question, what does an investor do when the market is NOT at ATHs? Just wait, keep all the payroll deductions in cash? Like a decade or more? The SPX hit ATH of 1500 in 2000. Then it had a steady decline for years. I guess we should sit in cash until we hit 1500 again? Link to chart 2000-2010: [https://imgur.com/gallery/2000s-were-brutal-spx-vs-bonds-vs-gold-meHgw2D](https://imgur.com/gallery/2000s-were-brutal-spx-vs-bonds-vs-gold-meHgw2D) Okay, SPX hit 1500 in 2007, so we dump the seven years' worth of investment capital that we've been saving into the market, YAY! But we hit the Great Financial crisis the next year and our stash dropped another 50%. Now ALL the money you had invested in the 1990's and 2000's is underwater because you only invested at ATHs. All those years when the market was NOT at ATHs you sat in cash. Think about that. Since you are only investing at ATHs your entire investment capital for your entire working career is underwater. The study posted here is not intuitive and I need to see how it is structured. Even the RBC study does not give the entire picture. Only 9% of the time will the SPX be lower 10 years out, but if it's 30% lower 10 years out that could be a disaster for a retiree who is taking out capital to live on while the market is crashing. And a younger investor should still be investing regularly to take advantage of the sell-off and NOT wait for ATHs. A better study would be to look at what asset classes and stock sectors would be best to enter when one index, like the SPX, is at ATHs. My bet is that it is NOT the sector or index that is at ATHs. In 1998-2000 nobody was talking about Gold or bonds, I was there I remember, But those were actually the asset classes that investors should have been piling into at those SPX ATHs. (The Nasdaq ATHs were even more dramatic and would prove my point even more, but I won't belabor the point.) Right now, SPX and gold are at ATHs, and QQQ is close. What sectors and asset classes are out of favor (like gold was in 2000)? I have my answers, but I'd be interested to see what you think. These might be the places to go now.

avocadoroom

Bro uses RBC (I am like bro too)

upunup

Do companies pay tradingview to repost their old price forecasts over and over? Bank of America and now RBC Capital are spam posting in the official tradingview news feed, that they want MBLY to hit $11. We get it, they predicted that it would go to $11 while the price was low already, and now its way up, so they are wrong. But they still keep reposting this as fresh "news" in the official tradingview feed...

ash_thetwin

CM is looking strong IMO, you might be right about others but RBC did well today if I'm not mistaken.

Evenflow911

SNPS, RBC and S will go up toomorow!

Evenflow911

BMO and RBC Will benefit from deregulation as they have exposure in U.S.

This_Break_4848

Yeah the one suing RBC made and lost half a billion on Tesla options 🤣

M4verick87

…this guy is like the 400 Million RBC guy: clueless Everyone warned him

DontDrinkBongWater

How do I short Canada? Trump tariffs are about to fuck me harder than my uncle did when I was 6. Long dated puts on CAD? Short RBC?

baeconundeggz

SHOP, LULU, Cameco, Barrick Gold, Enbridge, Cn rail, CP rail, RBC, BMO, TD, Brookfield Asset Managment to name a few.

iAintOrdinary

Fvcking RBC issues this morning wouldn’t let me sell SPY 600c expiring this week. They were up 200% now I’m holding bags. What’s the best investment app in Canada?

etzel1200

How many accounts do you guys think exist that are this regarded, but just don’t post about it? He’s getting close to a small family office worth of aggressive call options in a single equity. I can’t think of seeing anything like this except the TSLA guy who sued RBC. https://x.com/z06z07/status/1860013822590980588

InsurancePro87

[https://www.dfs.ny.gov/system/files/documents/2024/06/16023f22.pdf](https://www.dfs.ny.gov/system/files/documents/2024/06/16023f22.pdf) Some notes stood out to me. Especially in relation to the comment above about A+ management. "All significant ceded reinsurance agreements in effect as of the examination date were reviewed and found to contain the required clauses, including an insolvency clause meeting the requirements of Section 1308 of the New York Insurance Law. Section 1308(e)(1) of the New York Insurance Law states, in part: 'During any period of twelve consecutive months, without the superintendent’s permission: (A) no domestic insurer, except life, shall by any reinsurance agreement or agreements cede an amount of its insurance on which the total gross reinsurance premiums are more than fifty percent of the unearned premiums on the net amount of its insurance in force at the beginning of such period . . .' During the examination period, the Company entered into reinsurance agreements that cede 75% of its premiums to reinsurers and failed to timely file the reinsurance agreements to the Department for approval." Plus running very high gross premiums to policyholder surprlus ratio. The industry average recorded in 2024 so far is under 0.5. Lemonades is several multiples at this point. I think anything over 9 triggers an RBC flag with regulators.

Maximum_Wash_8047

The company is expected to report preliminary data from another Phase 1 trial of PYX-106, including PK/pharmacodynamic results, by the end of 2024. Beyond that my main point is that this market reaction doesn't make sense. RBC Capital even increased their price target from $7 to $10. Most of the coverage on this news has been positive (check any article about it beyond the one you mentioned). I believe this is simply an overreaction that will correct soon. Then, of course by mid-2025, there will be new major catalysts, but there simply was no rationale for this huge collapse, especially considering the financial position which looks quite solid as of now considering it's a biotech.

the_usual_comment

Oh boy the RBC platform eh… been there bud, careful for when they go for system maintenance and you can’t open or close a position for an hour or two.

romt_25

Now RBC Ukraine is reporting they used ATACMS in Bryank Oblast of Russia.  They are gonna cancel the santa rally. 

AdhesivenessSpare598

That one guy suing RBC was up 400 million and pissed it all away.

fbmbassist

RBC sees Zeta Global’s stock reaction to short report ‘significantly overdone’ https://www.tipranks.com/news/the-fly/rbc-sees-zeta-globals-stock-reaction-to-short-report-significantly-overdone

Gold_Ad5357

Bullish on BTC, bearish on RBC.

BastionofIPOs

What does RBC mean?

Winning--Bigly

A real doctor (such as myself) would know that anaemia doesn’t meant low blood count. It’s when you have low RBC count….

ratherbchillin

**Hey ya'll just looking for a lil bit of advice. Probably the wrong area, my first post but always lurking. I have a TSFA with 7k max annual contributions in individual stocks with Wealth Simple.** **I am Canadian, I am looking to buy and invest more money this year and next. I've used up the 7k I'm allowed for this year, and have more than the 7k max for next year saved. I'd like to invest rather than sit.. I was thinking Qtrade Cash Account or RBC Direct Investing Cash Account, just would like to be free from my bank if at all possible.** **Any advice appreciated! Thanks**

benxschurer

RBC Direct Investing and Wealthsimple

benxschurer

so is RBC and wealthsimple

northdancer

The asks in some of these MSOS on the CSE are wild. RBC dumping GTII at $5.83, wild shit.

Ir0nhide81

Good ol' RBC Bank !

Impressive_Key_987

I trade with RBC and Questrade. TD bank work too.

Impressive_Key_987

RBC

GoZukkYourself

$TSLA: KGI Securities Upgrades to Outperform from Neutral - PT $276 $TSLA: Canaccord Genuity Raises target price to $278 (from $254) $TSLA: Piper Sandler Raises target price to $310 $TSLA: RBC Capital Raises target price to $249 (from $236) $TSLA: Wedbush Raises target price to $300 $TSLA: Goldman Sachs Raises target price to $250 (from $230)

Rude_Brick_1945

TSLA PT UPGRADES: KGI $276, CANACCORD $278, PIPER $310, RBC $249, WEDBUSH $300, GOLDMAN $250 

lovemyshittyBMer

TD is about to linger in mediocrity while RBC eats them at home. The US lending market is extremely competitive and both TD and BMO are waking up to that reality. Forget the fine, the bank is focusing on what made them great, Canada...and RBC has been doing that all along with great success.

0xAJS

My shares are a mix of Europe and the US still in portfolio accumulation time Hermes 55%(EUR) Ferrari 25% (USD) Amercan Express 9% (USD) Apple 8% (USD) and future, planned are Richemont (CHF), Itochu (JPY), Mitsubishi (JPY), RBC (CAD), CNR (CAD). Aim for slow growth regardless of inflation levels :)

Motorbarge

RBC shows the Morningstar value. Yahoo Finance gives the price target as $169, but that's just silly (scroll way down on the right hand side) [https://ca.finance.yahoo.com/quote/QNTM/](https://ca.finance.yahoo.com/quote/QNTM/)

JetsFanYEG

Yes I use RBC in Canada, there is still a trade fee of $10

InstructionNo4546

Yes you have to do that for Norbert’s Gambit unless you’re with RBC, in which case you can buy DLR and sell DLR.U immediately.

McKoijion

Bruh, Nilay Patel of The Verge and this guy from RBC Capital Markets look identical: https://www.youtube.com/watch?v=PnP3nogq-SQ I legit thought they were the same guy for the past few years. They both appear on CNBC and cover the same tech stocks.

D1toD2

It is of course more of a risk than something like the 500 and no one can predict which one will do better. But I believe a 3B fine (one quarters profit) and a few years (Might be 4, this isn't confirmed yet) of non-growth in the US only but Canada will still grow steady doesn't reflect properly on the price when comparing to RBC, which they used to be neck and neck with (Feb 2022). RBC is 235B CAD vs TD at 143B CAD. Is a few years of US growth really worth near 100B valuation discrepancy? Obviously TD has to execute now... and that's what I'm banking on. Edit: PUN NOT INTENDED lol

WorkingCareful7935

Christopher DeVocht from British Columbia alleges that RBC didn't acknowledge his limited financial acumen and advised him to donate millions to charities and trade using a margin account via a new holding company to avoid taxes.

Therecanbenopeace

I live in B.C. Used RBC Dominion years ago. They're terrible. They are not active advisors. They really just "work" for their management fees. My dad still uses them in retirement but his portfolio always seems to underperform the market. He's too stubborn to switch and at his age doesn't seem to care too much.

elpresidentedeljunta

I am sorry, but are we reading the same article? > DeVocht now claims that the advice he received, geared mainly toward minimizing taxes, was negligent and failed to take into account his level of financial sophistication. His Tesla investment strategy involved loans from a Royal Bank margin account. > >“RBC considered Mr. DeVocht to be a sophisticated investor,” according to the complaint. “While this was true in respect of his strategies for put and call options in the trading of Tesla shares, RBC failed to appreciate that Mr. DeVocht’s knowledge of investing more generally, of financial planning, and of tax was in fact limited.”

Ok-Employee-1727

I mean it's a lawsuit. They are public. Also RBC declined to comment, which means there is some truth to it. Article mentions that he had 100% in Tesla options? 

photon1701d

As much as I have my issues with RBC, my account manager would have taken me aside and say, "what the fuck are you doing". Because the bank also does not want to lose a big account like that.

Impressive-Potato

They got him to give millions to the RBC charity.

teh_lynx

Based on this information and my personal experience with RBC I can confidently say this guy is a certifiable idiot RBC definitely advised him to diversify and apparently so did his family. Lol sucks to suck 🤷‍♂️

FirmCD

If anyone actually believes that RBC DS would endorse this guys strategy and not advise him of the risks and recommend converting to something 'blue chip' and sustainable, then they need to get their head examined.

PlutosGrasp

That’s true on both accounts. Which is why this guy is suing! I suspect GT and RBC will settle.

TuskaTheDaemonKilla

> DeVocht also stressed how he approached RBC for a loan in 2020 to move out of a rental apartment and buy a home LOL - Instead of just selling his options, he used his equity to secure a loan to buy a house.

hv876

Next Canadian who will sue RBC sighted over here

real_ikonn

“RBC considered Mr. DeVocht to be a sophisticated investor,” according to the complaint. “While this was true in respect of his strategies for put and call options in the trading of Tesla shares…” The guy is a derivative expert but knows nothing else about money and finance? Looking forward to hearing about the evidence, but you know that the bank is going to have all sorts of documentation showing his sign offs on every decision and also his sign off on the mandatory Know Your Client requirements. Or at least they should have those things.

azraelum

Christopher DeVocht from Vancouver B.C. He currently suing RBC because of supposedly bad investment advice. Was on his way to becoming one, started out with $88,000 and turned it into 415 million. Here’s the story . https://www.cbc.ca/news/canada/british-columbia/man-sues-over-tesla-stocks-1.7343048

DIAMOND-HANS

Apparently RBC Wealth management inc. didn't manage anything. He will be entitled to a settlement as they are an entity that should have advised and managed his revenue. Since they did nothing of the sort they didn't do their job as advertised. This could bring on false advertising suits against the bank; they will not stand for that and settle out.