Four out of five canadian bank stocks forming descending triangles
Canadian bank stocks have some challenges to deal with when it comes to moving higher.
September 3, 2010 | Posted in Banks | Read Article »
Category archives for:
Financial Services
Bank of America needs a bounce off $12.30
Hi Lou,
What do you think? Is Bank of America Corp (NYSE: BAC) a good value at this point, or am I waiting for a deeper discount before I will consider buying some?
Vincent
Hi Vincent,
Thanks for the assignment. I recently screened over 60 mid cap U.S. banks for the Trade By Numbers feature published exclusively on globeinvestor.com, so this [...]
August 30, 2010 | Posted in Banks | Read Article »
Spotlight on Sprott
SII is having trouble holding onto support so you want to seriously consider how you approach the opportunity. SCP could remount a test of its previous high of $5.00 but it has to get through resistance at $4.50 to do that.
Visa and the temple of doom
Hello Lou,
I have been following your posts for a few months and I always find your analysis helpful.
I was wondering what you think of Visa as a value option now that it has taken such a nosedive in the last two weeks. The decline has come on the heels of a vote by the Senate [...]
May 19, 2010 | Posted in Financial Services | Read Article »
Looking for a bounce from Manulife
Your interest in buying in at the $17.33 level does have some merit but you’ll have to watch May 6 when MFC reports their Q1 results.
April 30, 2010 | Posted in Insurance | Read Article »
Freddie’s Not Dead
From a risk management perspective I would say the best play would be the ride from $2.50 to $5.00 if it gets there.
April 26, 2010 | Posted in Banks | Read Article »
Citigroup needs to get through $5
Back on February 26 th it was noted that a good entry point would be in the $3.85 range and at yesterday’s close it has provided a 26.49% return. Yes you have to manage the foreign exchange risk but still sweet!
April 23, 2010 | Posted in Banks | Read Article »
