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.
Canadian bank stocks have some challenges to deal with when it comes to moving higher.
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 [...]
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.
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 [...]
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.
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.
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!