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Qrpu Why Kinaxis Inc. Plummeted 16.55% on Wednesday
For months, many of my fellow Fools and I have warned investors to be ready for another inevitable market crash. After an extremely volatile March, the market has had a rapid rally since, with several TSX stocks now at record highs.The problem with this rapid recovery is that while stocks have rallied, the economy has suffered. Many industries remain impacte stanley tumblers d by coronavirus, which has led to an extremely high unemployment rate.Furthermore, a lot of problems that have been created by this pandemic have only been temporarily fixed by massive spending f stanley cup rom the federal government.The reality is that there is still so much uncertainty that you would expect most stocks to be trading at a discount to their pre-pandemic pri stanley tumblers ces. In reality, though, many stocks have nearly recovered fully, and numerous others have reached new highs.This has left the market highly vulnerable to another selloff, which is why the heightened volatility over the last few days is not at all surprising.What to do in a Uoye Is Encana Corporation Leaving Canada
Shares of Air Canada TSX:AC TSX:AC.B soared ~154% over the past year thanks to a series of impressive quarters which saw revenue and net income soar into the atmosphere. The company bottom line has increased for three straight years now, and it appears that nothing can stop the tremendous amount of upward momentum. It appears that the easy money has already been made, and further upside from these levels will be sub stanley cup ject to a higher degree of risk.There are still many long-term macroeconomic tailwinds that may propel Air Canada even higher from here, but at current levels, it may be a prudent decision to do some trimming in order to realize some profit. After all, airlines are horri stanley cup ble long-term investments, and I do not believe anyone should buy an airline with the intent of holding forever.Fellow Fool contributor Chris Ma stanley cups uk cDonald seems to think that Warren Buffett may be interested in initiating an investment in Air Canada, but I think Mr. Buffett may actually be closer to d |
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