Short sellers still have a concerning percentage of the share float at TD Bank (TD.T), totalling 22% as of May 31, 2023 according to the Short Sale Trading Summary…
Macroeconomics
While US stock markets, European stock markets, and many other Asian stock markets continue to chop around and range, one market in Asia is on a tear. Japan is…
Home Depot (HD) reported fiscal first quarter 2023 earnings which mostly missed estimates and has raised concerns that the consumer is being tapped out. Put it another way in…
As earnings continue to come out mixed, and raising the probabilities of an upcoming recession, leave it to the regional banks to once again take center stage. Many analysts…
Two weeks ago, Canadian bank Toronto-Dominion (TD) became the world’s most shorted bank. Hedge fund bets against TD hit $4.2 billion. This news raised some concerns for Canadians as…
Contrarian headline, I know. But as we start the week off, the US Dollar is picking up an early bid. A bid which could have been foreseen on the…
As has been the case in recent months, US consumer price index (CPI) data have been highly anticipated. This is due to the market moving narrative of the Federal…
Toronto Dominion (TD) Bank has recently become the world’s most shorted bank, sparking concerns of a potential banking crisis in Canada. Hedge fund bets against TD Bank reached a…
Some choppy price action in the US stock markets recently, and it will make more sense when we discuss the charts below, but we seem to finally have direction….
Fed chair Jerome Powell definitely is speaking with a hawkish tone as his two day Senate testimony continues. Weeks ago, I told readers that the market action in bond…