Bullboard - Stock Discussion Forum Ceapro Inc V.CZO

Chemicals Specialty Chemicals

Ceapro Inc. is a Canada-based biotechnology company. The Company is involved in the development of extraction technology and the application of this technology to the production of extracts and active ingredients from oats and other renewable plant resources. Its primary business activities relate to the development and commercialization of natural products for personal care, cosmetic, human... see more

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TSXV:CZO - Post Discussion

Ceapro Inc > Up against two year high

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Post by prophetoffactz on Jan 08, 2024 4:28pm

Up against two year high

The S&P Biotech ETF is now up against its two year high after its best two months in history.
It precipitously fell to this level with inflation fears. A precipitous move up next?
The question: Are inflation/interest rate issues now a thing of the past and are we returning to a lower inflation world; potentially with a recession? If the index can break through this level the broken microcaps could see a surge as confidence returns to the sector. This is an election year in the US, however, with headline risk.