RE:BK unit nav to July 11 = approx: $20.27As far as Canadian banks go, I hardly see record highs. Since 2022...
TD -39%
BMO -24%
BNS -24%
CM -19%
RY +2%
NA +10%
mouserman wrote: Spreadsheet shows a gain of 56 cents since the start of JULY... commons would be valued at $10.27 before dist. are figured in. Last trade @ $10.89 equates to a premium of 62 cents , or about 6%.
As far as the banking sectors and general markets go, i believe they are at a high.. most of that because of an election year, and the puppet BIDEN regime propping up the markets in hopes of winning another election. Once the democrats lose the election ( or maybe before) they powers that be will crash the markets, but not before they position themselves . I see a very high likelihood of BIDEN getting booted given his lack of mental acuity. WHoever runs they will of course blame the market crash on the lack of faith in TRUMP to handle the govt finances.
I really believe , given that we have seen, 37 new highs this year ( anomaly or what), the severity of the crash will be on a grand scale. But jmho.... and I am admittedly nervous about the TRUE health of the economies and go to a high % of cash nearly every month after ex divvy date.
I am getting into the habit of using traling stop losses to protect my ASSets.