Canadian Imperial Bank of Commerce CM

Worst is over for banks

[Chefboy69]

I think the Short sellers have now released their grip..

I am pretty sure we see all banks move up....Bank earnings in US is this week
so will largely depend on what direction they go

good luck all

[Dibah420]

Recent corporate trend has been to announce layoffs by the thousands. Painful for the employees trying to keep their heads above water with persistent inflation.  If banks follow the trend it usually entails higher share prices

[Torontojay]

  Sure, wishful thinking. It is far from over! 

[Chefboy69]

do you care to revise your statement sir?? meaning do you want to come up with another story????

[Torontojay]

Are you talking to me?  Ok, the stock dropping 30% in the last year is a good sign?  Td is down 16.8% y/y  RBC is down 7.2%  Bmo is down 14%  Nova Scotia is down 28%  Ill throw another one out there. National bank is flat y/y so I ask the question. Why did Cibc underperform the other banks?  Are you convinced laggards of last year will become darlings