It's about to get better fast. There's been a lot of folks waiting for the events that just took place. The step towards a Canadiana solution is the right move. It removes favouratism and can act on the spot when a problem comes up. We have learned what to do and exactly what works. So the next time the response will be immediate. This is a monumental shift in their thinking. What business craces is stability and that's where it thrives. They do have to deal with RBC et al and send a clear message to business in the capital markets that manipulations and deceptions will not be allowed. Public outrage is having an effect on them. Too bad the same can't be said for the USA.
A while back I said there would be a rise before the Election in the USA. This is it. But it could be a false rally. Don't get caught up in the euphoria. Sell when your gut says to. (Obviously hold cuu). The election cycle is going to happen. The outcome will shape the Fall markets. I'm still playing defense until there's a solid indication in the markets. Once a trend is set I'll be looking at the more risky guys ie the guys without deep pockets but high prospects. There should be trading opportunities there.
Our next events will be mid Aug or mid Sept. One event should be followed by a second within 2 weeks if they happen at all. Given what appears to be a general pattern of positive things I hope these will not occur at all.