Market mahemStellar earnings and decent guidance. Of course, they "sell the news". That's just what's done.
But from here, where to?
I see the CDN$ dragging itself upwards from $0.75 and the TSX is showing some strength.
I can's see the TSX continuing lower with the S&P500 gaining strength.
So, I am buying in. I feel this is a good price. I see the buyback having a positive influence in the coming days. There's no reason to go lower unless there's a hugely negative world event.
Then ...they sell everything, because, as you know, having cash when zombies roam the Earth in a post-apocalyptice haze is your best bet at survival.