Bank Stocks on the way back?

[dgodsell]

There's a lot of options activity around the ishares financial index and BMO as of today....indicative of bullishness?

[Thalo]

Really depends on what kind of options activity there is.

[questrader]

Why doesn't any1 comment on the fact that the TSX broke thru that ugly resistance level that sent stocks diving to their Jan lows yesterday? It should have been splashed all over on commentaries from sites, such as Yahoo! Finance Canada!

[pitz]

I think the issue with BMO today was due to the announcement of a half-billion dollar write-down.

[liquidzyklon]

Why doesn't any1 comment on the fact that the TSX broke thru that ugly resistance level that sent stocks diving to their Jan lows yesterday? It should have been splashed all over on commentaries from sites, such as Yahoo! Finance Canada!The general public has no idea what you mean there. They can only see short-sighted events like "the markets plunged 600 points today" or "the market surged 1000 points today".