RE:RE:Next Monday should be very interestingCash is KIng.....for sure....I too am cashed up and just waiting to spot the opp.....it might be like 2008 when even the Canadian Banks were half price and an easy double at that time....fear was really high in 2008....I think the SVB fiasco is just the tip of the iceberg
Buying stocks that are going down is really challenging....even after all the technical analysis
Another factor is both Fed and BOC will continue to raise rates for the rest of the year and any chance of rate reduction is maybe 2024 if then.......its easy to find a guaranteed GIC for 5% now and maybe pushing 6.5% later into 2023....
Should be a fun trading week....buckle up and put your helmut on!