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Toronto-Dominion Bank T.TD

Alternate Symbol(s):  TD | TDBCP | T.TD.PF.A | TDOPF | T.TD.PF.C | T.TD.PF.D | TDBKF | TDOMF | T.TD.PF.E | T.TD.PF.I | T.TD.PF.J

The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank's segments include Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. Its Canadian Personal and Commercial Banking segment offers a full range of financial products and services to approximately 15 million customers in the Bank’s personal and commercial banking businesses in Canada. Its U.S. Retail segment offers a range of financial products and services under the brand TD Bank, America’s Most Convenient Bank. U.S. Retail Segment also TD Auto Finance U.S., TD Wealth (U.S.) business. Wholesale Banking segment operates under the brand name TD Securities, which offers a range of capital markets and corporate and investment banking services to corporate, government, and institutional clients. Its Wealth Management and Insurance segment provides wealth solutions and insurance protection to approximately six million customers in Canada.


TSX:TD - Post by User

Bullboard Posts
Post by Stockbaggeron Feb 06, 2015 9:49am
189 Views
Post# 23403247

***Strong sign of short Covering this morning***

***Strong sign of short Covering this morning***I follow TD stock very closely as I own Leap options, share on TSX, and NYSE.  I have been waiting for signs of short covering and I see very strong signs this morning.  Normally TD goes up and down very closely with the Canadian dollar.  It does because it is interlisted on both exchanges.  What is interesting this morning is that the usual trading patern is reversed or broken.  When the Canadian dollar goes down the TD bank almost always goes down on NYSE.  The Canadian dollar is down this morning and the TD bank on TSX and NYSE is both up.  That to me is a very strong sign of short covering.  I think the shorts are being squeezed because of the earnings release end of month and oil is finding a floor.
Bullboard Posts