Loonie Falls to More Reasonable Levels - National Bank Financial [View article]
Loonie is more than an oil play. Minerals should continue a nice run boosting the C$. Canadian banking is strong. Technically Loonie is poised for a nice bounce. For a while, it looked like a head and shoulders pattern would emerge; with today's action jump, that's off the table. Nice start to MCD. I suspect we make new highs and get true "reasonable" valuation.
Loonie Falls to More Reasonable Levels - National Bank Financial [View article]
Loonie is more than an oil play. Minerals should continue a nice run boosting the C$. Canadian banking is strong. Technically Loonie is poised for a nice bounce. For a while, it looked like a head and shoulders pattern would emerge; with today's action jump, that's off the table. Nice start to MCD. I suspect we make new highs and get true "reasonable" valuation.