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Bank of Nova Scotia T.BNS

Alternate Symbol(s):  BNS

The Bank of Nova Scotia (the Bank) is a Canadian chartered bank. The Bank's segments include Canadian Banking, International Banking, Global Wealth Management, Global Banking and Markets, and Other. The Canadian Banking segment provides a full suite of financial advice and banking solutions. The International Banking segment is a diverse franchise offering financial advice and solutions to retail, corporate and commercial clients. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across the Bank's footprint. The Global Wealth Management segment serves investment fund and advisory clients across 13 countries. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets. The Other segment includes Group Treasury, smaller operating segments and corporate items which are not allocated to a business line.


TSX:BNS - Post by User

Comment by Magliteon Oct 27, 2023 2:04pm
231 Views
Post# 35704585

RE:RE:RE:Look at the TSX for the past year…

RE:RE:RE:Look at the TSX for the past year…Ok, thanks for the advice, I'll liquidate my stocks right away...

As an aside, look at the longer term MACD and RSI, then you might be able to gain a clearer picture and insight. For the banks, this is definetely not a SELL indicator.

As for the broader stock market, I agree there is a little more room to the downside. As long that there is a prospect of higher interest rate, then we might see growth stalling. Inflation is still not under control in the US...

It is all good and part of an healthy pathway to recovery and prosperity.
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