yesterdayMy takeaways from yesterday:
The relentless recovery of the Nasdaq off its low reached in the morning to end up in the positive. Bloody impressive!
Number 2 was the vigorous buying by Desjardins, RBC Scotia and I think TD. I don’t include Fidelity or Anonymous as they could be the market-makers. Of course, these could be from retail accounts just as I buy with my online through RBC. But they were in big chunks which suggests to me they emanated from the investment arm of those institutions. The buying coming in at that low point looked to me like, “Oh my isn’t this serendipity.”