No replies to this topic

[Cirrus]

I've been trading these two from the bullish side for about three months. FWIW I think they are two banks to buy near a bottom if you're an investor and want financial exposure in this environment. Canadian banking is flat out conservative and they have exposure to the right customer mix. They are trading at low historical ratios with divys around 4 to 6%. They also don't have the risk of US banks. Looking for an IT entry on both around previous lows. They are both already showing a small positive divergence verse the XLF on the daily and a huge performance divergence on the weekly and monthly.