RE:RE:RE:Where to?My wife & I have a very small investing universe - TSX listed dividend income/growth stocks in 5 sectors - banks, utilities, midstream, telcos, and REITs. I think there is still quite a bit of room to run for the banks and midstream. The banks are going to ahve a pretty big bump for their divys once they get the green light to raise again. Also, the higher bond yields are going to be a tailwind.
I also think the utilities have pretty much had their correction and will stay flat for a while. I still think the pure renewables have a bit more downside (which is why we sold all our BEP.UN and 60% of our NPI a while back).
On the ENB front,as mentioned earlier, I'm sticking to my $50 by end of May prediction that I made a couple months ago. I'm not guaranteeing it will stay there but I think it will hit it along the way.
Ciao
Sarge
silkos wrote: Bump for Sarge and all.
So new records for major indexes DOW, SP500. Nasdaq within 6% of max afer Monday correction. Markets adjusting and slowly pushing higher. Until when? What's the next stop?
silkos wrote: Just wanted to bump this to the top. Anyone?
silkos wrote: So the market has been moving up quite nicely from the recent deep. New highs today in financial / banking sector. Major recovery in all tickers I follow.
Question is how do we prepare for next downturn? What signs should we look at? We know is just a matter of time until inflationary winds kick in.