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Bullboard - Stock Discussion Forum Doman Building Materials Group Ltd T.DBM

Alternate Symbol(s):  CWXZF

Doman Building Materials Group Ltd. is an integrated national distributor in the building materials and related products sector. The Company operates various distinct divisions with multiple treating plants, planing and specialty facilities and distribution centers coast-to-coast in various cities across Canada and select locations across the United States. The Company operates 19 treating... see more

TSX:DBM - Post Discussion

Doman Building Materials Group Ltd > Chasing the Santa rally?
View:
Post by Donwaan on Dec 21, 2023 2:03pm

Chasing the Santa rally?

I am not saying this applies to DBM but it's worth a read. I'm sure many of us have chased a stock. https://www.marketwatch.com/story/chasing-the-santa-rally-look-out-below-844887b7?mod=home-page
Comment by Donwaan on Dec 21, 2023 2:14pm
An interesting comment following this article: What was the purpose of that article? In 2022, the FED had aggressive interest rate hikes and kept promising for more. The stock market crashed even though companies were making record profits. This year, the FED has slowed it's interest rate hikes, and it looks like rates will be lowered in 2024, so the market it shooting through the roof. No ...more  
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