The creator intends to buy more S&P 500 ETFs on a dip to continue their cost averaging strategy.
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Why Canadian Bank Stocks Dropped Today: Rate Spikes, Tariffs & VDY Update
Aug 19, 2026
The creator discusses the recent drop in Canadian bank stocks and the VDY ETF, attributing it to profit-taking and rising bond yields. Despite the sell-off, the creator remains bullish on VDY, intending to continue dollar-cost averaging into it, and notes that improving fundamentals in commodities and other sectors strengthen the Canadian market.
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The creator is eagerly awaiting earnings reports from Canadian banks, including Scotia, viewing them as a major event.
Palantir is mentioned as being up 4.2%, alongside Robinhood, in a market where speculative assets are performing well.
Robinhood is mentioned as being up 4.2%, alongside Palantir, in a market where speculative assets are performing well.
Nvidia is mentioned as being down today, in contrast to speculative assets like Bitcoin and Ethereum which are up.
Royal Bank, which represents 15% of VDY, has been on the greatest growth cycle in its history, but is now seeing a slight pullback.
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