If you're worried that growth stocks (the tech and now healthcare stocks) are just ridiculously valued, then perhaps you should think about Canadian bank stocks as a potential cushion against a potential market correction. Earnings beat analyst expectations. Yields are in excess of 4%. Loan loss provisions will gradually find their way back into bank earnings...
$BMO released its earning release with a positive under reaction following its earnings with the PEAD projecting a a slight bullish outlook, Placing the stock in Drift A If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Information Position: Long Size: 2 Price: 77.52
we are finally breaking the range market from March 2020. Price is respecting the uptrend. We expect price to go higher for next days.
Information Position: Long Size: 1 Price: 68.35
Bank of Montreal (BMO - US) has completed 4th wave (or X in WXY) pattern. It dropped in 5 wave and corrected up. Sell near box price with stops above 55.35.
I believe the stock is bouncing and will go up soon. It reached the support level.
Entry level $77.22 = Target price $79.30- $83 dependent on market, resistance could be to strong at Monthly horizontal. Stop loss $76.28 RSI battling to cross 70. Average analysts price target $91 | Overweight P/E ratio 10.12 very reasonable. Company profile Bank of Montreal engages in the provision of banking and financial services to individuals and...
without doubt the most lofty valuations in real estate, globally surpassing australia.. when observing the source of contagion all signals point back to chinese speculative money adding fuel to the fire. if china buckles like i expect.... what does that mean for big banks in certain areas where chinese speculative money was able to play?
Trade Plan Entry: $100.3 SL: 99.36 Major TP: 102.77 Final TP: 105.01
I like taking BMO:TSX here as I believe it is oversold to the downside. Closest support is marked in blue - very closeby, and good probablility of breaking next week if we see market weakness. However YoY growth on this stock is generally positive and unless we are heading into a recession I believe this is a solid buy here - the most oversold this stock has been...
BMO: BMO Financial Group 2019-02-26 06:02:00 BMO Financial Group Announces Intention to Repurchase Up to 15 Million of its Common Shares