Bullboard - Stock Discussion Forum Bank of Nova Scotia T.BNS

Alternate Symbol(s): BNS

The Bank of Nova Scotia (the Bank) is a Canadian chartered bank. The Bank's segments include Canadian Banking, International Banking, Global Wealth Management, Global Banking and Markets, and Other. The Canadian Banking segment provides a full suite of financial advice and banking solutions. The International Banking segment is a diverse franchise offering financial advice and solutions to... see more

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TSX:BNS - Post Discussion

Bank of Nova Scotia > Look at the TSX for the past year…

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Post by mbuch on Oct 27, 2023 11:39am

Look at the TSX for the past year…

A bit of a recovery every quarter until now.

It has just begun. Reality is setting in.

Hold on to your hats folks!

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Comment by Maglite on Oct 27, 2023 12:02pm

The scheme of thought for pseudo-investors who like losing their shirt. Buy high and sell low...

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Comment by mbuch on Oct 27, 2023 1:46pm

Stocks are high right now.

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Comment by Maglite on Oct 27, 2023 2:04pm

Ok, thanks for the advice, I'll liquidate my stocks right away... As an aside, look at the longer term MACD and RSI, then you might be able to gain a clearer picture and insight. For the banks, this is definetely not a SELL indicator. As for the broader stock market, I agree there is a little more room to the downside. As long that there is a prospect of higher interest rate, then we might ...more

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Bank of Nova Scotia