Bad news, dust settling and the law of thirdsStock reactions to bad news events usually play-out over a period of three (3) days, with SP drops of about 1/3 for the two days following the first drop. I suppose computers make this happen...
Drop yesterday (close on 9th to close on 10th): -$5.35
Predicted drop today (close on 10th to close on 11th): -$1.78
Predicted close today ~$79.98
Predicted drop on October 15th: -$0.59
Predicted close on October 15th: ~$79.38
TD will get down to at least ~$78, hopefully only briefly.