Canadian Banc Corp T.BK

BK unit nav to July 11 = approx: $20.27

[mouserman]

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.

[flamingogold]

As 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]

37 new US market highs... and if u think CAD banks wont be affected by a US crash, maybe look back thru the history...

[flamingogold]

Not much ever escapes a US crash since it's the leading global economy. I'm still in the soft landing camp. Canadian banks are still in recovery mode, which is why I posted their % changes in the last 2 years. However, I think a general market correction of up to 10% is to be expected over the next year and would be healthy to clear the deck. Banks, like everything, will feel the