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Royal Bank of Canada and Pan American Silver Corp: Technical comments on equities in today’s news.

Notable Stocks 2 Comments »

 
Royal Bank of Canada (NYSE:RY – $53.93, TSE:RY – $56.74Cdn.)
News event: Upgraded from Neutral to Buy by UBS
Source: FP Trading Desk
Link: http://network.nationalpost.com/np/blogs/tradingdesk/archive/2009/11/10/royal-bank-upgraded.aspx
Technical and seasonality comment: ‘Tis the season for analysts to comment favourably on Canada’s major banks. Royal Bank as well as Canada’s top six banks have a period of seasonal strength from the end [...]

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