RE:I was holding to buy verenBetween now and January I expect the democrat swamp heading up the current government will do everything they can to leave the country in as big a mess as they can before Trump's inaugeration. I see this week as the honeymoon phase. By next week I expect the hype will be wearing thin as legacy media crank out recession fears along with econonomic doom and gloom hit pieces relating to Trump's proposed policies.
Perhaps a reasonable Santa Claus rally mid December as markets start to get excited about the inaugeration, and in Canada realization setting in that sparkle sock's reign will end in 10 months. I see 2025 being a rough year for Canada and Canadian companies as Trump policies are going to suck more investment, skilled workers and professionals away from Canada, all while Trudeau and NDP provincial governments impose more taxes on citizens.
Where I live, the NDP are about to increase land transfer taxes, sales tax, fuel tax and impose a new tax on home delivery of goods (ie, Amazon, Canada Post and other parcel delivery services). The only solution these people can ever see is more and more taxes. Apparently they are following in the footsteps of the democrats taxation strategy in Minnesota.
Marty47 wrote: So now election over , anybody have a feeling about buying veren , maybe wait oil get to 50$ , if we get to 50$ how much veren should be then 5.50$ ..... one thing for sure is oil will go down .... trump is not Biden , trump won't stop ....