With Canadian banks reporting earnings the results are below estimates so far. That has selling pressure on the banks. That allowed for this trade to be put together.
These trades are being done in Canadian dollars on the TSX Composite Index.
The rest of this Canadian Stocks trade alert and ideas article is for FullyInformed Members.
Canadian Stocks Trade Alerts and Ideas for May 24 2023
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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