Bullboard - Stock Discussion Forum Dividend 15 Split Corp II T.DF

Alternate Symbol(s): T.DF.PR.A | DVDDF

Dividend 15 Split Corp. II is a mutual fund. The Company invests in a portfolio of 15 dividend-yielding, Canadian companies. It offers two types of shares, a Class A and Preferred. The investment objectives with respect to the Preferred shares are to provide holders of the Preferred shares with fixed, cumulative preferential monthly cash dividends in the amount of $0.04792 per Preferred share... see more

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Dividend 15 Split Corp II > Market direction will be determined by Nvidia results

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Post by flamingogold on Aug 28, 2024 12:47pm

Market direction will be determined by Nvidia results

They need to knock it out of the park and CEO Jensen Huang's language has to be upbeat on future guidance. Rate reduction is already priced in so anything negative will see selling pressure. Today Abercrombie & Fitch surpassed expectations but is getting nailed based on the CEO raising concerns of "potential" market uncertainty.

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Comment by mouserman on Aug 28, 2024 5:24pm

Signs of a market bubble when 1 stock determines the direction of the markets.... Nvidia did surpass expectations of revenue and earnings, but sold off initially in after hours.. I do think it has since bounced back into positive numbers. Forecast for NVIDIA earnings was upbeat...

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Dividend 15 Split Corp II