Financials. A big bet on the market right now with what is coming up with stress testing this Thursday. What happens in the US will definitely affect Canadian markets. Banks tend to do well from mid December to the end of April. If you own, sell into the rally in the next month or so.
HXD-T and HFD-T are for traders. 2X market risk every time you buy them. Very volatile. Would have been a great play while the financial markets where tanking earlier in the year.
Gone down because banks on both sides of the border have gone up. Canadian financials were guilty by association with US banks. On the wrong side of the banks.
Financials Bear+ ETF. If you own, this will have paid off very well in the last few days. He thinks we are still in a trading range environment and are probably at the lower end of it. He would take profits.
Financials had a pullback today. Are they going to be able to continue paying their dividends. He doesn’t see a risk, but if you take a short position you have to think so. There are more Americans buying our banks right now
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