TSX:AX.PR.E - Post by User
Post by
garyreinson Oct 28, 2024 7:49pm
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Post# 36285983
WED DEC 11
WED DEC 11REIT traders should start looking to that day, BOC to go from 3.75 to 3.50 or 3.25.
That coupled with a reverse trend of the US yields will provide another +15% for the sector by early Dec.
CAD income investors will get low GICS and if you're interactive brokers or low margin borrowing you can just net some additional income without your own money.
The trade can definitly be bullish, and thats why ol' gary is in cautious accumulation mode, netting a 1%-3% on margin purchases.
It might actually benefit me if these dawgs go sideways/down for a few more weeks