Profile avatar
socialdave1168.bsky.social
27 posts 28 followers 33 following
Regular Contributor

CDN Bank Q1 earning season starts next week BNS & BMO on Tuesday 25 Feb NA on Wednesday RY, TD and CM on Thursday Provisions for credit losses for loans that could default have restrained profits for CDN lenders in recent years amid higher borrowing costs and inflation.

Congratulations to team Canada and Connor. The executive order ” Canada is the Hockey Capital of the World”

look no further than down south

Crude oil production in western Canada reached record highs in 2023, Canadian crude oil volumes exported by rail declined by 31% overall in 2023, averaging 98,300 barrels per day (b/d) in 2023, down from 143,300 b/d in 2022.

Interestingly which sector ended the day green and which sector did the worst.

Real-time Pre-markets for Monday 3rd Feb 2025. O&G is up tRump 25% tariff affect.

Telecoms show a minuscule bit of life. Telus is the one recovering a bit from tax loss selling. Gold continues to be the best sector. Renewables and REITs continue their downtrend. Utilities going the wrong way. Banks, financials and composite index holding their own.

To support buying CDN I'll shop at Superstore > Walmart A&W > Macdonalds Tim's > Starbucks 🤔Can't do this one. I can't start my day wrong

2024 performance of TMX Index and sub-index. Hope everyone placed most of their money and time in the correct index. Now will there be a rotation into other areas after-tax loss selling

Here is the TMX stock’s YTD performance for 2024 and dividend yield. Some good names at the bottom here may rebound in 2025 from their 2024 performance.

Tax loss selling until the end of the week, and the Santa Claus rally will start next week.

To no one's surprise, were TD results. Everyone but BNS and LB raised their dividends. CM had a solid quarter, I hope they can keep it up. I'm surprised by how the market reacted to BMO report. Scott Thomson is making me believe in BNS.

This week is an important week for the Canadian Big Six banks. It will be an inflection point. Decrease in interest rates, Loan growth will be in 2025 in residential housing and commercial loans. Q4 bank earnings by rising loan loss provisions, higher expenses and min profits.

what a story from Doug Murray www.si.com/onsi/breakaw...

Spot Nat Gas price at this moment up 0.245 to 3.531🤑

How much will you pay me if I tried to sell you this?

CDN Nat Gas companies had a very nice day today