Choose your own ETH "Black Death" adventure, likely will mimic the Bubonic Plauge (aka black death) and turn sour in the mid 1300s. The solid black path is the adventure I choose because its the most likely. Dashed black path 2nd most likely. Dotted black path not likely unless Jesus comes back. .
The CAD - USD ratio has traded within a range throughout most of 2021. Recent USD weakness, however, has shown up in trend reversals for the S&P500 index against both emerging & developed foreign market indices. Canada's stock market features many financials and resource stocks, two areas that are trending in the right direction at present. It might be worth...
EWC is based mainly on financial sector and banking depends on house debt. Real estate market in Canada didn't suffer as US RE so the potential is reall big. I am looking for an entry.
CAD dollar showing slight uptrend since early 16'. break out watch of triangle $SPY $EWC
With a lot of uncertainties in the US market and US dollar, commodity rich canada and the canadian dollar seem to be setting up for a run back to 0.90 cents. Already on a bullish trend with recent consolidation.