Another factor to consider is that according to investment seasonality expert Brooke Thackray the period of strength for financials runs from mid January to mid April.
That with a strong uptrend on the chart and other supporting patterns make the risk reward trade off worth taking.
The sanctity of the dividend is the foundation that supports investor confidence in a company.
The bulk of the resources we spend as a society for law enforcement is spent chasing the same bad actors day in and day out.
Dave from Cobourg, ON writes about BWC:
Hi Lou,
Crescendo Partners is looking to force a shareholder meeting of Bridgewater Systems Corp. to force a sale of the company.
They evidently think the board is keeping the stock price too low , given their cash and sales projections. BWC closed at $3.69 today.
Would this be a good investment to [...]
Raj from Toronto, Ontario writes about RBC profits:
Hey Lou,
I have lost money in mutual funds which RBC sold me.
The bank invested my money into different commodities and now RBC claims to have made profit?
How is that possible when all the investors have lost their investment… something does not make sense?
Raj,
The banks make money by charging fees [...]
Gabe from North York, Ontario writes about bank stocks:
Hi Lou, Love the program on AM640, I listen without fail. I am wondering what you think about the timing on getting into bank stocks ie. TD, BMO etc. Have they bottomed?
Hi Gabe, That’s the Nine Trillion Dollar question! But the charts are fairly clear [...]
