You can download today’s Channel Breakers report at the following link: … ChannelBreakers_031819-Mo
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Provisions for Credit Losses Increase in the Billions for BMO, CIBC, National Bank, RBC, Scotiabank, and TD
This week, major Canadian banks reported Q2/2020 earnings, with banks such as TD, who have a strong focus on consumer and commercial banking, impacted the most by the pandemic. Nevertheless, most Canadian banks are struggling to maintain bottom lines as PCL on loans were significantly increased to prepare for uncertainties in the economy. [more]
Channel Breakers, Daily: For Thursday, May 2, 2019
eResearch Corporation is pleased to provide our Channel Breakers report, which features all of the Canadian stocks that broke above or broke below their respective price-channels. We stress that these charts are based on daily closing prices and, therefore, are appropriate for use by short-term traders.
Our report is prepared courtesy of the technical charts of TheUpTrend.com. [more]
Channel Breakers: For the Week Ending August 23, 2019
eResearch Corporation is pleased to provide our Channel Breakers weekly report. It was a quiet week, until Friday. Six stocks broke out (buy) and ten stocks broke down (sell). [more]