Post by
SNAKEYBOY on Jul 18, 2023 11:12am
Double bullish news today
US banks like bank of america are rallying hard on earnings, and canada's inflation fell into the 2%. BUT Canadian reit sector ETF is stuck are resistance (XRE= $16.50) and overall the sector is not having a great bounce, though some names are up 1% or so.
All we need is the fed talking about more hikes for the shorts and selloff to begin. Thats how it usually goes!