In investment lingo a bellwether is a stock that can lead us to safety or lead us to slaughter
The term is derived from the Middle English bellewether and refers to the practice of placing a bell around the neck of a castrated ram (a wether) in order that this animal might lead its flock of sheep.
Two U.S. bellwethers Fannie Mae and General Electric
Important Price Levels
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1 comment:
Great show on BNN today Bill. If Fannie Mae doesn't hold do you still like the Canadian financials that you recommended in the last market letter?
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