VDY: O Canada! How Your Dividends Tempt Me So! (Archive)
Bullish fundamentals, but I’m patiently waiting for technicals to align before buying VDY.
This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.
Elevator Pitch
- My search for global yield takes me to Canada.
- Increased Canadian interest rates and strong oil and gas growth prospects paint a bullish outlook for the VDY ETF.
- However, according to my technical analysis read that takes into account flow, location, and trap elements, this is not the time for buys. Not yet, but probably soon.
Read the full article here.
Disclosures and Disclaimers
Past performance ≠ future results. Not investment advice. See full Disclaimer.
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