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Bullboard - Stock Discussion Forum Baylin Technologies Inc T.BYL

Alternate Symbol(s):  T.BYL.DB | BYLTF

Baylin Technologies Inc. is a Canada-based diversified global technology company. The Company is focused on the research, design, development, manufacture and sale of passive and active radio-frequency products, satellite communications products, and supporting services. The Company's products are marketed and sold under the brand names Galtronics and Advantech Wireless. The Galtronics line of... see more

TSX:BYL - Post Discussion

Baylin Technologies Inc > Headwinds on the horizon
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Post by Duster340 on Jun 08, 2022 4:37pm

Headwinds on the horizon

the cpi # (inflation) comes out on friday. the last rate in the usa was 8.3% down from 8.5% in april. my guess we will see a new all time high on friday. i will take a guess at it and say 8.6%+,  mostly driven by the price of gas which is out of control. if this # is big it will spook the market, so i say big red day friday, the tech stocks will take a hit. also a possible recession coming before the end of the year. lots of fear in the market.
Comment by RayDonovan78 on Jun 12, 2022 7:27pm
Duster, you were right about Fridays trading. Suprisingly BYL held out well.