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Bank of Nova Scotia T.BNS

Alternate Symbol(s):  BNS

The Bank of Nova Scotia is a bank in the Americas. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. Its segments include Canadian Banking, International Banking, Global Wealth Management and Global Banking and Markets. The Canadian Banking segment provides a full suite of financial advice and banking solutions to retail, small business and commercial banking customers. The International Banking segment is a diverse franchise with Retail, Corporate, and Commercial customers. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across its footprint. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets.


TSX:BNS - Post by User

Comment by SargeXon Mar 28, 2023 4:00pm
189 Views
Post# 35365379

RE:RE:RE:RE:Irrational Market

RE:RE:RE:RE:Irrational MarketHey Dean 

I hope all is going well.

We definitely do agree on most investing stuff. I like Cdn banks in general and my wife and I hold full positions in BNS, RY, TD, and BMO. I do like the extra diversification amongst the 4 and really like the BNS high yield.

I think the banks have pretty much bottomed out here and the dip was totally irrational. (good old automated trading).

I'm also expecting the midstream to have a good run both this and next year. I figure they're good for the next 3-5 years but not sure after that. I guess we'll see how it plays out.

Take her easy
  Sarge



DeanEdmonton wrote: Sarge - I agree about longterm, the markets are predictable. You and I don't see BNS the same, but that is one of our few divergences. Stay well.
SargeX wrote: Totally disagree on the market being dangerous for the average investor. The markets are illogical in the short term but they are consistent and fairly predictable in the long term. It's only the short term traders that can get hurt. The longs will be fine if they invest in solid companies (like banks, utilities, midstream, and telcos).

As an aside, I'm actually expecting to see BNS hit $73 sometime this year.

Ciao
  Sarge

Goldluck wrote:
Not irrational market but AI controlled.  Computer algorithms have evolved into AI.   Market is now a very  dangerous place for average investor.  Cannot guess the market anymore even based on fundamentals.






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