RE:23.03M at last minuteI did a fast calculation of the (buyers) at 4pm and here’s what I came up with + or - 1/2 million shares. RBC was the biggest buyer. These shares because they were bought basically after the market closes could date this transaction for Monday June 20th the date assigned to the addition of ATH to the TSX Index and the date of purchase is very important to institutions.
Now ATH will trade following the price of Oil unfortunately this will be the way all Energy stocks will trade. If Oil continues to slide investments will shift to other sectors like Health Care, Technology, Uranium, Lithium, Rare Metals even Gold if it heads higher on Global and Domestic worries and right now there’s alot of sectors that have been hammered from high Oil prices. This move of money to different sectors is still anyone’s guess. I feel that Oil needs to stay above $115 to keep the bullish buying on Energy stocks going and I really can't see Oil dropping below $100 at least not yet but if it does just be ready for a ride. The other thing is that at the end of July ATH will release Q2 and we all know that it should be record revenues and then July 1st we'll be into Q3 and ATH will trade inline with the price of Oil for the 3 months.
Best advice I could give is to read as much as possible on markets and sectors and watch where the money is flowing into and always look at the Futures before North America markets open it could give you the edge needed to trade. Of course this isn't bullet proof because alot has to do with the outlook that the FED's and OPEC gives during the trading day.
Futures
https://markets.businessinsider.com/futures/dow-futures
Figures in millions
RBC (10)
Anonymous (4)
TD (2)
Morgan Stanley (1.5)
CIBC (1.5)
National Bank (1.5)
BMO (1.5)
TOTAL (22)