Q: Do downside targets need to be met or are they just a cautionary note on the price?
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Q: Do downside targets need to be met or are they just a cautionary note on the price?
Posted in Canada, Canadian Dividend Watch List, Downside Targets, GIB, PMI, Price Momentum
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The market ended the week slightly below the prior close, though year-to-date gains remain a strong 12%. Midweek trading showed signs of weakness as the market failed to sustain its highs. More concerning, the S&P 500 slipped beneath its October low of 6,552, closing Thursday at 6,538. This breakdown created a lower-low pattern, reinforcing a bearish signal. We will keep a close monitor on the market and search for quality companies at reasonable price. Continue reading
Posted in Dividend Achiever Watch List, Dividend Achievers, Dividend Watch List
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Posted in Canada, Canadian Dividend Watch List, Downside Targets, PMI, Price Momentum, TRI.TO
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Posted in Dow Theory, Dow's Economic Indicator, Macro, Twitter Tape, Unemployment
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