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Income Financial Trust T.INC.UN

Alternate Symbol(s):  ICFNF

Income Financial Trust (the Trust) is a Canada-based investment trust fund that invests in a diversified portfolio. The Trust’s investment objective is to provide unitholders with a stable stream of monthly distributions by investing in a diversified portfolio consisting primarily of common shares issued by corporations whose shares are included in the S&P/TSX Capped Financials Index, the S&P 500 Financials Index or the S&P MidCap 400 Financials Index. The Trust’s objective is also to provide tax-effective monthly distributions targeted to be 10% annualized, based on the volume-weighted average market price of the units for the last three trading days of the preceding month. Quadravest Capital Management Inc. (Quadravest) serves as the investment manager for the Trust.


TSX:INC.UN - Post by User

Post by pulcanon Nov 15, 2024 2:31pm
144 Views
Post# 36315424

Latest updates, making the moves for January 2025

Latest updates, making the moves for January 2025hi all,  well time to make a change in my portfolio and now is the time while all is moving higher. Taking profits where you can and hold onto cash. Pay your bills and move forward.  This post is a big one for me as i just made a big position in INC stock. For now lets look at my typical post on the markets and the tools.

so lets go and this will be a long post for you to read and maybe enjoy

The market is correcting today and we need it so we can review our holdings and make some moves. Right now the US Buffet indicator is very high and in a bubble...be very cautious as to what you hold!!
see the link https://en.macromicro.me/charts/406/us-buffet-index-gspc so right now we are over 203% and could see 210% as we move towards December.

The Fear and Greed indicator is nuetral and not bad for a bubble we could go higher until the end of the year. The stock price strength is extremem FEAR today and we all  know this can change next week. Its Friday and why not take some profits.  see the link for the latest...  https://www.cnn.com/markets/fear-and-greed

CME Fedwatch is showing another rate cut in 33days. This is very good for the US Banks and thank you Trump. Be ready for next year and watch what happens in January....see the link for the latest. https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html 

Next Civilian unemployment rate is modest and i'm sure Trump would want more Americans to work so lower rates will help.  See the link  https://www.bls.gov/charts/employment-situation/civilian-unemployment-rate.htm

US Consumer spending is key also as you lower rates more money flow...Trump will make this happen.  Check out the link...latest is positive! https://www.mckinsey.com/industries/consumer-packaged-goods/our-insights/the-state-of-the-us-consumer

Now the latest on DF stock as i know many saw my post over the year and months, and last year. I told so many about the cylcle and targets so i sold off 70%. Made a huge profit and took all my money out today. The stock has reached its high and could move at the best $6.50 and no more. The stock is capped with the holdings Quadravest has and you want to be in a stock that has more banks in the US and Trump on the way. We do not know what comes soon in the coming months and January 2025 can be very scary for this stock. We saw how fast this stock dropped $3 a share in two weeks and hurt your investment. So i took a lot of profits and done with DF!

FFN, sold a big position at 50% only as this stock still has room to move higher as i have a Target of $7.25 to $7.50 if we can get there. Thanks to Trump and how he will take care of the banks this stock has Goldman Sachs and FFN has this as a big holding!  see the chart

User image

Now for the biggest move and high volume today i almost made a 6 figure move into INC. This stock has all the banks and is ready for the cycle. Target price in the coming months is $13 a share. The VWAP on this stock is the last 3 trading days. Do not look at the dividend as this will increase and move with the share price. We are behind the curve and ready to make the moves as the banks are ahead thanks to Trump win. see below chart...targeting $10 this year, With only 2million shares outstanding this stock can make your portfolio move and the chart below does not lie!! would you rather own DF stock and watch is stay in the $6.30 range until its sells off on some unannounced news again? Or follow the banks and Trump just like Bitcoin? Make some money and take profits. 

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Now as we move into next year....this is a reminder the Trump show will start in January so you have time to think about what you want to do. As for myself is sold off DF took profits and FFN just 50%. 
INC has very little shares and its hard to buy so today i saw a trader try to dump 8000 shares so i took my chance today!!

So remember in January its all about who lives in The White House!! check out this video...Trump and the banks will be on top!!








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