Daily musings on stocks…
December 2, 2011 | In: Opinion
The Canadian stock market is, according to Wikipedia, the 8th largest in the world by market capitalization (around $2 trillion), which is saying something. In this post, I will try to examine what will happen to the major Canadian stocks in 2012. Gold...
September 5, 2010 | In: Financial, Opinion
In order to examine this topic, let us see the process of how a bank is created in the US: Uncle Joe: Them banks make a lot of money. Uncle Joe's friend: Yup. Uncle Joe: I want to make a bank and start making money myself. Uncle Joe's friend: Great...
August 27, 2010 | In: Financial
Yesterday I have recommended RY and I gave my own reasons why this stock will bounce back, after comparing it to BMO (just 2 bad days after the earning report, and then the stock will move up aggressively). The stock reached another historical low...
Royal Bank of Canada missed the estimates for the third quarter and revenue fell to 18% to US $1.21 billion from a year earlier. But there is nothing to be worried about, both BMO, and CIBC missed the estimates as well, and they're all blaming it on the...