Monday, February 22, 2016

Markets are up, oil is up, why are banks down today?

I'm speaking about the TSX. All the major banks are hurting today but everything else is positive? Usually there is a parallel correlation but today it's the opposite.

Also, earnings reports are coming out for the Canadian banks. Assuming they are negative, do you expect bank stocks to take another big beating, or do you think the expectations/negative sentiment have already been worked into the value?



Submitted February 22, 2016 at 03:22PM by MustardTiger88 http://ift.tt/1WEuvXH

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