11 Macquarie bought some sharesInstitutions sell early for tax losses. But some retail investors wait till December. You have to account for tax loss selling season too.
We could have 2008 type correction. China is the wild card. If they cash in part of their US debt to support their economy & stock market then watch out.
China has US 3.65 trillion in foreign reserves mostly in US govt & institutional bonds. About 2/3 are in US dollars & the rest in Euros & other currencies.
If China cashes around trillion dollars in foreign reserves which it requires according to some analyst to support the collapsing stock market then who is going buy & replace the that amount of debt ? It can cause a serious liquidity crisis.
When Chinese stock market started it collapse. Huge number of stocks were halted which caused lot of hardship for Chinese middle class. Aus & Canadian resource stocks collapsed further. Now US markets are correcting had a delayed reaction to China impact & our markets are going down too.
Our banks are very healthy & are making huge profits. The true impact of the melt down in recourse sector has not yet be reflected in their books. Bankruptcies in resource sector have not yet started. At present commodity price it is a now a matter of time. Our big banks are strong enough to absorb the losses.
The next plunge in TSX is going to come from the banks.
Broker 11 bought some shares. He is not running any buying program. I scanned the entire market book of SGY I see no bids by broker 11 at this time. Not even at lower prices.
Looks like just two buys like al time. This time the size is bigger.
| Trades for C:SGY on 20150824 for broker #11 - 61 trades displayed |
| 13:48:26 |
T |
2.11 |
-0.18 |
13,300 |
11 Macquarie |
80 National Bank |
K |
| 13:48:20 |
T |
2.11 |
-0.18 |
1,200 |
11 Macquarie |
80 National Bank |
K |
| 13:48:19 |
T |
2.11 |
-0.18 |
200 |
11 Macquarie |
72 Credit Suisse |
K |
| 13:48:19 |
T |
2.11 |
-0.18 |
500 |
11 Macquarie |
1 Anonymous |
K |
| 13:48:16 |
T |
2.11 |
-0.18 |
1,800 |
11 Macquarie |
80 National Bank |
K |
| 13:48:11 |
T |
2.11 |
-0.18 |
3,000 |
11 Macquarie |
80 National Bank |
K |
| 13:43:46 |
T |
2.12 |
-0.17 |
22,000 |
11 Macquarie |
80 National Bank |
K |
| 13:43:18 |
T |
2.12 |
-0.17 |
3,000 |
11 Macquarie |
80 National Bank |
K |
| 13:26:23 |
T |
2.20 |
-0.09 |
1,300 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:20:15 |
T |
2.20 |
-0.09 |
1,000 |
11 Macquarie |
3 AltaCorp |
K |
| 13:20:15 |
T |
2.20 |
-0.09 |
700 |
11 Macquarie |
13 Instinet |
K |
| 13:20:15 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
1 Anonymous |
K |
| 13:20:15 |
T |
2.20 |
-0.09 |
300 |
11 Macquarie |
79 CIBC |
K |
| 13:19:58 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
15 UBS |
K |
| 13:19:58 |
T |
2.20 |
-0.09 |
600 |
11 Macquarie |
79 CIBC |
K |
| 13:19:58 |
T |
2.20 |
-0.09 |
1,200 |
11 Macquarie |
79 CIBC |
K |
| 13:19:58 |
T |
2.20 |
-0.09 |
10,000 |
11 Macquarie |
1 Anonymous |
K |
| 13:19:58 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:19:58 |
T |
2.20 |
-0.09 |
300 |
11 Macquarie |
79 CIBC |
K |
| 13:19:58 |
T |
2.20 |
-0.09 |
2,400 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:14:07 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:14:07 |
T |
2.20 |
-0.09 |
300 |
11 Macquarie |
79 CIBC |
K |
| 13:14:07 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
79 CIBC |
K |
| 13:14:07 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
79 CIBC |
K |
| 13:14:07 |
T |
2.20 |
-0.09 |
2,400 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:14:03 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
79 CIBC |
K |
| 13:14:03 |
T |
2.20 |
-0.09 |
2,400 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:14:03 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
79 CIBC |
K |
| 13:14:03 |
T |
2.20 |
-0.09 |
300 |
11 Macquarie |
79 CIBC |
K |
| 13:14:03 |
T |
2.20 |
-0.09 |
2,400 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:14:03 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
79 CIBC |
K |
| 13:14:03 |
T |
2.20 |
-0.09 |
2,400 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:14:03 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
79 CIBC |
K |
| 13:14:03 |
T |
2.20 |
-0.09 |
2,400 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:02:06 |
T |
2.20 |
-0.09 |
1,300 |
11 Macquarie |
3 AltaCorp |
K |
| 13:02:06 |
T |
2.20 |
-0.09 |
1,000 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:02:06 |
T |
2.20 |
-0.09 |
700 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:02:06 |
T |
2.20 |
-0.09 |
400 |
11 Macquarie |
3 AltaCorp |
K |
| 13:02:06 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
79 CIBC |
K |
| 13:02:06 |
T |
2.20 |
-0.09 |
300 |
11 Macquarie |
79 CIBC |
K |
| 13:02:06 |
T |
2.20 |
-0.09 |
2,400 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:02:05 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:02:05 |
T |
2.20 |
-0.09 |
300 |
11 Macquarie |
79 CIBC |
K |
| 13:02:05 |
T |
2.20 |
-0.09 |
2,400 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:02:04 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
1 Anonymous |
K |
| 13:01:58 |
T |
2.20 |
-0.09 |
2,400 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:01:58 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:01:58 |
T |
2.20 |
-0.09 |
300 |
11 Macquarie |
79 CIBC |
K |
| 13:01:58 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
79 CIBC |
K |
| 13:01:58 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
79 CIBC |
K |
| 13:01:58 |
T |
2.20 |
-0.09 |
2,400 |
11 Macquarie |
39 Merrill Lynch |
K |
| 13:01:53 |
T |
2.20 |
-0.09 |
1,800 |
11 Macquarie |
79 CIBC |
K |
| 13:01:53 |
T |
2.20 |
-0.09 |
200 |
11 Macquarie |
72 Credit Suisse |
K |
| 13:01:53 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
72 Credit Suisse |
K |
| 13:01:53 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
15 UBS |
K |
| 13:01:53 |
T |
2.20 |
-0.09 |
300 |
11 Macquarie |
79 CIBC |
K |
| 13:01:53 |
T |
2.20 |
-0.09 |
600 |
11 Macquarie |
99 Jitney |
K |
| 13:01:53 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
79 CIBC |
K |
| 13:01:53 |
T |
2.20 |
-0.09 |
100 |
11 Macquarie |
72 Credit Suisse |
K |
| 13:01:53 |
T |
2.20 |
-0.09 |
200 |
11 Macquarie |
99 Jitney |
K |
| 13:01:53 |
T |
2.20 |
-0.09 |
1,700 |
11 Macquarie |
39 Merrill Lynch |
K |