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Thursday, February 4, 2021

My newest highest net worth value is now: $275,633.38

Good day for the TSX today. Derek Foster gave a nice presentation at the MoneyShow. I also partly listen to the 3iQ Corp presentation, but I miss the beginning. I had a rough morning at work today, it was a bit chaotic, but I am feeling better now. I am good at multitasking, but sometimes, it's hard to do different things at the same time. It's certainly the main reason why I am happy that The Ether Fund Class A units (QETH.U) is no longer from my portfolio.
 
It was quite of an exercise to check it out at every single opening, to see if I could sell my units or not at profit. I like to trade once in a while, trading have an appeal of its own, but I am more in an investor mood rather than as a trader mood. It required a lot of attention to be a trader. In the days I trade QETH.U, I was the refresher page Queen, and by far the best. Such exercise required a lot, especially while working full-time. I way prefer to hold to my assets rather than what Derek Foster may call: playing the casino. While trading The Ether Fund Class A units (QETH.U), I was doing exactly that, I was playing the casino. I won a couple of hundreds among the way, which was enough to please me. It's almost too easy to trade QETH.U, but the money is real. While playing the casino, you need to know when to stop and pull out the money, and I did that, my way.

As you may notice, I quickly updated my portfolio, and I am now sitting on a net worth of $275,633.38. The 300k is just around the corner! I will get back tomorrow regarding Derek Foster's presentation at the MoneyShow. He talked about inflation and I think he's right because it's just not quite normal to experience so many gains in a time of pandemic when so many are facing financial difficulties. You better not think too much about it if not you are going to collapse. I stop trying to understand a long time ago and it was the best decision ever. The financial system is just not natural enough.

Today, two of my stocks registered some interesting gains:
Methanex Corporation (MX): +6.44%
Saputo Inc. (SAP): +4.20%

MX had been in my non-registered since my early beginnings. I am ok with it because I had been holding it for a really long time now. But this stock is quite volatile and is not easy to hold. BCE Inc. (BCE) announced great financial results and had increased its dividend distribution. My annual dividend distribution, including RRSP, is now at $9,499.21. Getting closer to the 10k.

My investment portfolio on date of February 4, 2021

Cold cash: $3,733.33

Stocks and Units investment portfolio $CAN
Bank of Nova Scotia (BNS)
Methanex Corporation (MX)
Fortis Inc. (FTS)
Pembina Pipeline Corporation (PPL)
iShares S&P/TSX Capped REIT Index (XRE)
New Flyer Industries Inc. (NFI)
TMX Group Inc. (X)
K-Bro Linen Inc. (KBL)
TransCanada Corp (TRP)
Canadian National Railway Co (CNR)
Enbridge Inc. (ENB)
Emera Inc. (EMA)
Saputo Inc. (SAP)
Loblaw Companies (L)
Savaria Corporation (SIS)
WSP Global Inc. (WSP)
Aphria Inc. (APH)
George Weston Limited (WN)
Telus Corp (T)
Power Corporation of Canada Subordinate Voting Shares (POW)
TOTAL: $118,437.98

Stocks and Units investment portfolio $US:
Berkshire Hathaway Inc. (BRK.B)
General Mills Inc. (GIS)
Cash: $81.06
TOTAL: $3,787.78 USD: $4,852.15 CAN
 
Tax-free savings account (TFSA):
Dumont Nickel Inc. (DNI)
CT Real Estate Investment Trust (CRT.UN)
Canadian National Railway Co (CNR)
Exchange Income Corporation (EIF)
Brookfield Infrastructure Partners L.P. (BIP.UN)
Brookfield Renewable Energy Partners L.P. (BEP.UN)
Andrew Peller Limited (ADW.A)
Toronto-Dominion Bank (TD)
Boyd Group Services Inc. (BYD)
Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
Data Communications Mgmt (DCM)
Morneau Shepell Inc. (MSI)
Royal Bank of Canada (RY)
Park Lawn Corporation (PLC)
Toromont Industries Ltd (TIH)
BCE Inc. (BCE)
Boralex Inc. Class A Shares (BLX)
Richelieu Hardware Ltd. (RCH)
Savaria Corporation (SIS)
Northland Power Inc. (NPI)
Calian Group Ltd. (CGY)
Canadian Utilities Limited (CU)
WSP Global Inc. (WSP)
Granite Real Estate Investment Trust (GRT.UN)
Cargojet Inc. (CJT)
Nutrien Ltd. (NTR)
TFI International Inc. (TFII)
Canadian Imperial Bank Of Commerce (CM)
SIR Royalty Income Fund (SRV.UN)
ATCO Ltd. (ACO.Y)
Aecon Group Inc. (ARE)
Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A)
Metro Inc. (MRU)
Alimentation Couche-Tard Inc. (ATD.A)
Fortis Inc. (FTS)
CGI Inc. (GIB.A)
TMX Group Limited (X)
Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC)
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Suncor Energy Inc. (SU)
Rogers Communications Inc. (RCI.B)
JFT Strategies Fund Class A Units (JFS.UN)
Cash: $701.94 
TOTAL: $107,400.23

RSP investment portfolio: 
Emera Incorporated (EMA)
Ovintiv Inc. (OVV)
Toronto-Dominion Bank (TD)
Telus Corp (T)
Royal Bank of Canada (RY)
Savaria Corporation (SIS)
Thomson Reuters Corporation (TRI)
Park Lawn Corporation (PLC)
Richards Packaging Income Fund (RPI.UN)
Toromont Industries Ltd (TIH)
CAE Inc. (CAE)
CGI Group Inc. Class A Subordinate Voting Shares (GIB.A)
Boralex Inc. Class A Shares (BLX)
Quebecor Inc. (QBR.B)
Logistec Corporation Class B Subordinate Voting Shares (LGT.B)
Brookfield Renewable Partners L.P. (BEP.UN)
Leon's Furniture Limited (LNF)
Bank of Nova Scotia (BNS)
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Cascades Inc. (CAS)
JFT Strategies Fund Class A Units (JFS.UN)
Cash: $158.69
Total: $54,588.57 

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,302.85

Energy and Base Metals Term Savings (Indexed term savings): $577.30
Natural Resources Term Savings (Indexed term savings): $502.45

NBI Income Fund: $1,409.66

Manulife Fidelity NorthStar GIF CAP
Manulife Simplicity Growth Portfolio 
Maritime Life CI Harbour Seg Fund
Maritime Life Fidelity True North Seg Fund
Manulife GIF MLIA B World Invest
Total: $8,047.35

Other various: $20,648.50

TOTAL: $89,076.68

Social Capital at Desjardins Membership share: $35
Online money: $16.17
Savings + Stocks, units, mutual funds + Tax-free Savings account + RRSP:
$323,551.54

On the date of February 4, 2021

Wednesday, February 3, 2021

My net worth is now at it's highest value EVER: $274,318.36!

This is what pure perfection look like. Don't be shy, you can certainly go take a look for yourself!

With a net worth at now $274,318.36, I am exceeding my highest value of back January by a cutie little $20.13. Still, it's quite great to be in the $274k net worth.

Hairdressing salons and stores, as well as museums are about to open in Montreal. My hair had grown a bit and for now it's tolerable. I am letting them grow for now. I had them quite short for the past I don't know exactly how many years now so I wouldn't mind a little change. It’s my way to help save up some money at the same time. Usually, I like to get a hair cut every 2-3 months. I don't plan to go shopping. As for museums, I find it quite dangerous to visit museums at this time, to be walking around close by you know who that may or may not have the COVID... No thank you. Here in Montreal, I am pretty sure I will get the COVID if I do indoor activities among other people, or if I am in a line up with other people...

I now have $3,733.33 in savings. It's slowly growing. I would like to have at least a good 5k in savings, and eventually, a good 10k would be more than welcome. This pandemic had been really great for my personal finances.

TFI International Inc. (TFII) is still going strong and trade in the $90 per stock. It seems to me like $90 per stock is the new normal for TFII stocks. The results on my TFSA portfolio are awesome. Aphria Inc. (APH) made interesting gains again today, +12.46%. A new comer over the TSX, TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT). TIXT gains +30.13% today. It's going to be interesting to watch TIXT at the opening tomorrow morning, to see if the title will lose a bit or what. Usually, big gains like that are followed by some losses. Sometimes, it’s OK to sit down and just watch the show before doing anything. The best thing while investing in stocks is that you can do as you wish, you are the boss. At the present time, TIXT doesn't seem to be paying any dividend. It will be interesting to see how this one do over the TSX for the next couple days.

At now $2,123.6782, Ethereum CAD (ETH-CAD) is trading in its highest value ever. Chances are that The Ether Fund Class A units (QETH.U) is going to open on a higher value tomorrow morning. I don't hold to any QETH.U units in my non-registered account, but I like watching.

My investment portfolio on date of February 3, 2021

Cold cash: $3,733.33

Stocks and Units investment portfolio $CAN
Bank of Nova Scotia (BNS)
Methanex Corporation (MX)
Fortis Inc. (FTS)
Pembina Pipeline Corporation (PPL)
iShares S&P/TSX Capped REIT Index (XRE)
New Flyer Industries Inc. (NFI)
TMX Group Inc. (X)
K-Bro Linen Inc. (KBL)
TransCanada Corp (TRP)
Canadian National Railway Co (CNR)
Enbridge Inc. (ENB)
Emera Inc. (EMA)
Saputo Inc. (SAP)
Loblaw Companies (L)
Savaria Corporation (SIS)
WSP Global Inc. (WSP)
Aphria Inc. (APH)
George Weston Limited (WN)
Telus Corp (T)
Power Corporation of Canada Subordinate Voting Shares (POW)
TOTAL: $117,437.23

Stocks and Units investment portfolio $US:
Berkshire Hathaway Inc. (BRK.B)
General Mills Inc. (GIS)
Cash: $81.06
TOTAL: $3,761.14 US: $4,804.86 CAN
 
Tax-free savings account (TFSA):
Dumont Nickel Inc. (DNI)
CT Real Estate Investment Trust (CRT.UN)
Canadian National Railway Co (CNR)
Exchange Income Corporation (EIF)
Brookfield Infrastructure Partners L.P. (BIP.UN)
Brookfield Renewable Energy Partners L.P. (BEP.UN)
Andrew Peller Limited (ADW.A)
Toronto-Dominion Bank (TD)
Boyd Group Services Inc. (BYD)
Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
Data Communications Mgmt (DCM)
Morneau Shepell Inc. (MSI)
Royal Bank of Canada (RY)
Park Lawn Corporation (PLC)
Toromont Industries Ltd (TIH)
BCE Inc. (BCE)
Boralex Inc. Class A Shares (BLX)
Richelieu Hardware Ltd. (RCH)
Savaria Corporation (SIS)
Northland Power Inc. (NPI)
Calian Group Ltd. (CGY)
Canadian Utilities Limited (CU)
WSP Global Inc. (WSP)
Granite Real Estate Investment Trust (GRT.UN)
Cargojet Inc. (CJT)
Nutrien Ltd. (NTR)
TFI International Inc. (TFII)
Canadian Imperial Bank Of Commerce (CM)
SIR Royalty Income Fund (SRV.UN)
ATCO Ltd. (ACO.Y)
Aecon Group Inc. (ARE)
Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A)
Metro Inc. (MRU)
Alimentation Couche-Tard Inc. (ATD.A)
Fortis Inc. (FTS)
CGI Inc. (GIB.A)
TMX Group Limited (X)
Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC)
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Suncor Energy Inc. (SU)
Rogers Communications Inc. (RCI.B)
JFT Strategies Fund Class A Units (JFS.UN)
Cash: $658.14
TOTAL: $106,938.60

RSP investment portfolio: 
Emera Incorporated (EMA)
Ovintiv Inc. (OVV)
Toronto-Dominion Bank (TD)
Telus Corp (T)
Royal Bank of Canada (RY)
Savaria Corporation (SIS)
Thomson Reuters Corporation (TRI)
Park Lawn Corporation (PLC)
Richards Packaging Income Fund (RPI.UN)
Toromont Industries Ltd (TIH)
CAE Inc. (CAE)
CGI Group Inc. Class A Subordinate Voting Shares (GIB.A)
Boralex Inc. Class A Shares (BLX)
Quebecor Inc. (QBR.B)
Logistec Corporation Class B Subordinate Voting Shares (LGT.B)
Brookfield Renewable Partners L.P. (BEP.UN)
Leon's Furniture Limited (LNF)
Bank of Nova Scotia (BNS)
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Cascades Inc. (CAS)
JFT Strategies Fund Class A Units (JFS.UN)
Cash: $158.69
Total: $54,789.39

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,298.04

Energy and Base Metals Term Savings (Indexed term savings): $577.30
Natural Resources Term Savings (Indexed term savings): $502.45

NBI Income Fund: $1,412.73

Manulife Fidelity NorthStar GIF CAP
Manulife Simplicity Growth Portfolio 
Maritime Life CI Harbour Seg Fund
Maritime Life Fidelity True North Seg Fund
Manulife GIF MLIA B World Invest
Total: $8,038.55

Other various: $20,652.87

TOTAL: $89,271.33

Social Capital at Desjardins Membership share: $35
Online money: $16.17
Savings + Stocks, units, mutual funds + Tax-free Savings account + RRSP:
$322,236.52

On the date of February 3, 2021

My debt situation on date of February 3, 2021

Margin account debt: $47,918.16 @ 4%

Annual interest: $1,916.73

On the date of February 3, 2021

**For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.

Tuesday, February 2, 2021

My net worth is on the high, just like Aphria Inc. (APH) = +17.58%

The stock market is confusing as always, today's gain is not making much sense to me. Having a TSX getting closer and closer to the 18,000 points, after - for a short period of time - being in those exactly 18,000 points - is something strange to watch, but I am enjoying it anyway. The TSX closed today session at 17,874.49  points. In result my non-registered portfolio closed at $117,014.96, my TFSA portfolio at $107,398.38 and my RRSP portfolio - stocks only - at $55,122.25. 

Some of my stocks registered really great gains today:

Aphria Inc. (APH): +17.58%

New Flyer Industries Inc. (NFI): +8.50%

CAE Inc. (CAE): +4.78%

With all of those great numbers, I estimate my net worth to be in the $274,343.61. I am exceeding a bit my highest net worth value EVER - which was of $274,298.23 on January 19 of this year, but I won't be publishing an update of my portfolio this evening.

I currently have over $650 in cash inside my TFSA portfolio. The Ether Fund Class A units (QETH.U) is no longer from my non-registered portfolio, I told the story of my recent QETH.U trade in this post. Today, The Ether Fund Class A units (QETH.U) registered great gains. I am thinking about investing that TFSA cash I currently have in QETH.UN, and just hold to it to play and see how much it can possibly grow.

Sunday, January 31, 2021

Saying thank you and good-bye to The Ether Fund Class A units (QETH.UN)

It's been a crazy day this past Friday, but I manage to make the most of it! The TSX closed down at 17,227.02 points. This left me with a somewhat feeling of an ongoing market correction. It wasn't making any kind of sense to see the TSX hitting on the 18,000 points while we are dealing with a worldwide pandemic. The TSX could go lower. It won't be pleasant if it happens. This past Friday wasn't a good day for the TSX, but I was able to finally sell my The Ether Fund Class A units (QETH.UN). The morning before the opening of the market, Ethereum (ETH) was trading on a high value, which made it obvious that QETH.UN was going to open on a higher value for the opening. While trading QETH.UN, the opening is certainly the most important part of the day. I knew that it was going to be my day. 

I was closely watching The Ether Fund Class A units (QETH.UN) when I notice that it hit on the $37 per unit, and so I quickly place my sell order. This time, the sell order took longer than usual to go through. Usually, when I place a buy or sell order, it goes through and the second after, the buy or sell order had been performed. On that Friday morning, my sell order for QETH.UN didn't happen as expected. My order took time before being performed. I was able to sell at the price I wanted, but I got lucky. After commission and margin fees, I manage to make a little profit of $115.04. This trading move had been less spectacular than the one I performed back earlier on January 4. On January 4, the profit made was more generous, $591.19.

I was happy anyway with this past Friday trade because I wanted to lower my margin debt, and also, I felt that the TSX was taking a more volatile turn. With the money coming from the sell of my The Ether Fund Class A units (QETH.UN), I had been able to pay down my margin, and also registered a small gain, which was all good. I am done trading QETH.UN. With my experiencing with The Ether Fund Class A units (QETH.UN), I can say that it's a fund that is actively traded over the TSX, that's why buy orders, as well as sell orders, are slow to be performed. Back on January 4, I didn't have any problem selling my QETH.UN units, but this past Friday, my sell order was slow to take form. It was so slow that I taught I may have pressed the wrong button or something... I made my little money, $706.23, and it's enough for me. I am done trading The Ether Fund Class A units (QETH.UN).

I find however the crypto world to be interesting. A few days ago, 3iQ Corp announced on their Web site that the Net Asset Value of The Bitcoin Fund (QBTC) was now at 1 billion. I had registered for their Webinar, which will happen on February 4, noon. I will be listening to 3iQ Webinar until 12:38, because at 12:40, on the same day, Derek Foster will be giving a MoneyShow conference. It's free to register.

Following the sell of The Ether Fund Class A units (QETH.UN), my non-registered portfolio closed this past Friday session at $113,716.87, my TFSA portfolio at $104,319.06, and my RRSP portfolio - stocks only - at $53,960.61. My margin debt is now at $47,929.51. I now have close to $650 in cash inside my TFSA portfolio. Currently, I estimate my net worth to be in the $268,000, which is not too bad.

Tuesday, January 26, 2021

TFI International Inc. (TFII) continues its road to stardom!

I have to admit, it was quite impressive to watch TFI International Inc. (TFII) hitting on the $90 per share today! This is bringing on amazing value for my TFSA portfolio. TFI International Inc. (TFII) closed today session at $88.66 per share, +2.997%. In my TFSA portfolio, TFII is now at +129.15%. My TFSA portfolio closed on its highest value EVER: $107,058.42. My non-registered portfolio closed today session at $122,219.78, and my RRSP portfolio - stocks only - at $54,411.09.

Currently, my obsession is to sell at profit The Ether Fund Class A units (QETH.UN). Unfortunately, it didn't happen today. However, this little obsession is keeping me busy. I like to watch the relation existing between the value of the crypto Ethereum (ETH) and its dedicated fund, The Ether Fund Class A units (QETH.UN), trading over the TSX.

Once I will be selling my investment in The Ether Fund Class A units (QETH.UN), the value of my non-registered portfolio will still be still higher, but quite close to my TFSA portfolio.

Here are a few numbers to give you an overview of how went my trading day - with no sell yet, but it was a good day anyway:

12:13 pm:

Ethereum (ETH): $1,671.7273 CAN

The Ether Fund Class A units (QETH.UN): $33.93 (-5.64%)


12:41 pm:

Ethereum (ETH): $1,673.94 (-0.44%)

The Ether Fund Class A units (QETH.UN): $34.16 (-4.90%) 

1:22 pm:

Ethereum (ETH): $1,691.2634 (+0.5891%)

The Ether Fund Class A units (QETH.UN): $34.86 (-2.951%) 


2:13 pm:

Ethereum (ETH): $1,712.39 (+1.85%)

The Ether Fund Class A units (QETH.UN): $35.61 (-0.863%) 


2:58 pm:

Ethereum (ETH): $1,700.6129 (+1.1451%)

The Ether Fund Class A units (QETH.UN): $35.37 (-1.53%) 


3:47 pm:

Ethereum (ETH): $1,702.6218 (+1.2646%)

The Ether Fund Class A units (QETH.UN): $34.93 (-2.756%) 


And finally, the closing...

4:02 pm:

Ethereum (ETH): $1,695.61 (+0.8862%)

The Ether Fund Class A units (QETH.UN): $35.08 (-2.339%)


Currently, at exactly 7:09 pm, Ethereum (ETH) trades at a good $1,719.74 CAN. We are hitting in the right direction. Right now, I hold The Ether Fund Class A units (QETH.UN) inside my non-registered portfolio. If QETH.UN continues to be weak, one option for me would be to proceed with a contribution in kind with my units and get them transferred inside my TFSA portfolio. Since I didn't contribute to my TFSA so far in 2021, that could be a good option. I am in no hurry to sell QETH.UN, as this little adventure in the word of trading is my little pandemic hobby.


Monday, January 25, 2021

Historic day for TFI International Inc. (TFII), and we are celebrating it with a +32.248%!

This is just: WOW! This actually came as a surprised this morning. I was watching BNN's The Open when Amber Kanwar talked about TFI International Inc. (TFII). I listened carefully because TFII is from my TFSA portfolio. Resulting from the news of an acquisition, TFII closed today's session on a +32.248% gain. Inside my TFSA portfolio, my investment in TFI International Inc. (TFII) is now at +122.49%. My TFSA portfolio closed today's session on it's what I think is its highest value ever: $106,906.33. TFII had been in my portfolio since October 2018.

My non-registered portfolio closed today session at $122,533.26 and my RRSP portfolio - stocks only - at $54,518.40. Also today, my precious NFI Group Inc. (NFI) registered a +4.92% for no obvious reason. Let's go NFI!

On this good day, my investment in The Ether Fund Class A units (QETH.UN) closed at -0.47%. I only need another good day and following what, I will be able to sell QETH.UN for an interesting profit. At a point today, I could have sell QETH.UN for profit. After commission fees and margin fees, I would have made a $70 profit, but I decided that it wasn't enough. I don't mind holding for now. Currently, ETH is at $1,682.94 CAN.

The following are a few screenshots to provide an overview of how the day went for ETH and The Ether Fund Class A units (QETH.UN). Today at the opening, Ethereum (ETH) was in the $1,799.57 CAN, which was quite good. This has a positive effect on the Ether Fund Class A units (QETH.UN), which open on a strong +10.58%.


While betting on The Ether Fund Class A units (QETH.UN), the opening is the most important part of the day. I would say between the opening and noon, it's the timeframe where you are most likely to be able to sell your units at profit. If you don't get a strong opening for QETH.UN, chances that you'll have to sell at profit are low. Generally speaking, you can consider that if QETH.UN doesn't begin the day on high gains like this morning for example, that +10.58% was quite amazing, you can consider that it probably won't be the day where you'll be able to sell The Ether Fund Class A units (QETH.UN) at profit.

Also, it seems to me that Ethereum (ETH) gains in value during the weekend, like if people were buying ETH because the stock markets are closed or something like it. Also, a period of great gains for ETH is usually followed by some almost automatic losses. Ethereum (ETH) is quite volatile. I can easily image thousands and thousands of investors, big or small, who are betting on Ethereum (ETH), and selling some crypto when ETH reached some peeks in value. IT'S the reason why I keep saying that you should only invest an amount that you feel comfortable losing while trading The Ether Fund Class A units (QETH.UN) or other 3iQ's funds.

Sunday, January 24, 2021

Practical tips on how to day trade The Ether Fund Class A units (QETH.UN) and other 3iQ Corp funds

This past Friday session, my non-registered portfolio closed at $121,859.97, my TFSA portfolio at $104,691.26, and my RRSP portfolio at $54,179.70. I now have accumulated over $600 in cash coming from dividend distribution inside my TFSA. I will soon have to think in what to invest that money. Aphria Inc. (APH) closed this past Friday on a good +2.74%.

I previously explain my situation with The Ether Fund Class A units (QETH.U). Now, since The Ether Fund trades in Canadian dollars, my investment in The Ether Fund Class A units (QETH.U), which was in US dollars, had been automatically converted into The Ether Fund Class A units (QETH.UN). This past Friday, QETH.UN closed on a nice gain of +8.148%. Currently, Ethereum (ETH-CAD) trades in the $1,812.414, which is really close to its highest value ever reached within the past 52 weeks: $1,864.7079. Early today, Ethereum (ETH) reached $1,864.708, which is quite good. Those are all super good positive signs that tomorrow at the opening, both The Ether Fund Class A units (QETH.UN) and The Ether Fund Class A units (QETH.U) will open the market with positive gains. I could have sold at profit back on January 19, but my profit would have been quite low. At that time, Ethereum (ETH-CAD) was trading at $1,813.20.

I had been stuck with my The Ether Fund Class A units (QETH.UN) since January 8, but tomorrow, I  may have all my chances to finally sell my units at profit. If not, I will be patiently waiting. My day trade hot move would have been extended for a couple of days, but it doesn't matter much, as long I can make my money. Here's to give you an idea of the correlation that certainly exists between Ethereum (ETH-CAD) and the trading value of The Ether Fund Class A units (QETH.UN) over the TSX.

On January 14:




On January 14, while ETH was at $1,530.92, QETH.U was trading at $24.40.

On January 22:



On January 22, while ETH was at $1,562.6571, QETH.U was trading at $25.30. 

It doesn't take much gain coming from Ethereum (ETH-CAD) to make The Ether Fund units gain in value. Trading 3iQ's The Ether Fund is, however, not an enjoyable task. The two buys order that I performed so far on The Ether Fund took long before going through, which is quite annoying. My first sell order was, however, performed smoothly and without any unusual delay. At now 10:19 pm, ETH value is at $1,807.1837. We'll see how it goes tomorrow morning at the opening.
 

Thank you

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