Bank of Montreal ( NYSE:BMO ) shares gained in trading as investors await the Canadian bank's Q2 earnings results on May 29. Analysts are expecting earnings per share to come in at C$2.77 on revenue of C$8.054 billion, a decline from the C$2.93 per share seen in the year-ago period. The bank has not had a good track record lately when it comes to beating...
Analyzing the options chain and the chart patterns of BMO Bank of Montreal prior to the earnings report this week, I would consider purchasing the 85usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $3.80. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
BMO has broken down a previous Demand Line and Confirmed it as a present Supply Line. I am now looking for BMO to break below the 200-week Simple Moving average; upon doing that, there will be nothing left for BMO to hold on to and should take it down to about $43.
The situation at Silicon Valley Bank (SVB) is not particularly complicated. In short, they borrowed short and invested long, mismanaged their liquidity, and caused their own demise. The specific steps were as follows: low-interest deposit-taking, overzealous investment in Mortgage-Backed Securities (MBS), short-term liquidity gaps, forced selling of assets, and...
BMO has formed a very large Ascending Triangle Price has broken out of this ascending Triangle and is looking to continue this bullish action, this is shown with the bars pattern in white Ascending Triangles most of the time break out bullishly, especially one of this magnitude
There is a Bullish Piercing Line Reversal Pattern on the Monthly Timeframe as well as many instances of Bullish Divergence on The Daily Timeframe so i will be buying shares here and targetting the Daily Gap/200 day Moving Average above.
Earnings coming up end of month looking like it wants to go back to ATH
we are finally breaking the range market from March 2020. Price is respecting the uptrend. We expect price to go higher for next days.
I believe the stock is bouncing and will go up soon. It reached the support level.
Green line is CA10Y bond minus the average of the 5,2,1 and 3 month.
Trade Plan Entry: $100.3 SL: 99.36 Major TP: 102.77 Final TP: 105.01
CIBC and BMO fell the most in 2008
I think last week's pullback in equity markets was a good thing. The market got overheated and it gave us a reminder that stocks don't always rise. Memories and patience are short in the finance industry especially with some recent trends (blockchain) skewing people's perception that building wealth gets built overnight. Not the case, in the past 50 years of the...
www.fool.ca HCG Contagion idea
NYSE:BMO 21MAY16: - POSITION: Long - PRICE: $63.02 - TARGET PRICE: $67 - STOP LOSS: $61.80 - TARGET ENTRY: - Looking for entry on Monday on upward price movement. - Appears to be a pullback on a strong upward trend. - Aggressive stop loss to be pursued.