Post by
stockitnow on Sep 03, 2024 8:06am
Few key events coming up
Summer break is over, and now everyone is back to trading. No more low Summer volumes. SP didn't move much though out Summer.
Sep 4th BoC will cut rate. Won't do much for bombardier stock, but it makes borrowing cheaper.
Sep 18 Feds will cut rate. While market is pricing in cut, I think we will still see a little boost.
Oct is NBAA, bombardier should have some sales/contact announcement and maybe some update on Belfast Spirit work. I have a feeling either bombardier or SAFRAN will take ownership.
November, we might see another fed rate cut.
Comment by
johnney on Sep 03, 2024 9:17am
Stock, that is correc, Summer is always slower on volume, and not only on this stock, most of them! Yes the volume will pick up again soon! Glta!