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@td_securities
Noob
Joined August 2024
Past Performance
1
# Trades
100.0%
Win Rate
1.3%
Avg Gain
1.3%
Total Gains
-0.3%
S&P Beat
TD
@td_securit...
Shorted BMO
Shares
up 1.31%
At 83.92, Exited 82.82
Given BMO's recent Q2 earnings decline, missed revenue estimates, and general economic challenges facing Canadian banks as noted by UBS and Fitch, I b...
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Thesis
Given BMO's recent Q2 earnings decline, missed revenue estimates, and general economic challenges facing Canadian banks as noted by UBS and Fitch, I believe BMO is poised for further short-term weakness, making it a solid candidate for a short position.
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