PowerShares QQQ ETF (QQQ) Forms $168.54 Double Top; Continental Advisors Has Cut Toronto Dominion Bk Ont (Put) (TD) Position

PowerShares QQQ ETF (QQQ) formed double top with $183.71 target or 9.00% above today’s $168.54 share price. PowerShares QQQ ETF (QQQ) has $62.82B valuation. The ETF increased 0.42% or $0.71 during the last trading session, reaching $168.54. About 29.48M shares traded. PowerShares QQQ ETF (NASDAQ:QQQ) has risen 30.89% since March 7, 2017 and is uptrending. It has outperformed by 14.19% the S&P500.

Continental Advisors Llc decreased Toronto Dominion Bk Ont (Put) (TD) stake by 72.22% reported in 2017Q3 SEC filing. Continental Advisors Llc sold 52,000 shares as Toronto Dominion Bk Ont (Put) (TD)’s stock declined 12.05%. The Continental Advisors Llc holds 20,000 shares with $1.13M value, down from 72,000 last quarter. Toronto Dominion Bk Ont (Put) now has $109.81 billion valuation. The stock increased 1.12% or $0.65 during the last trading session, reaching $58.67. About 1.77M shares traded or 40.54% up from the average. The Toronto-Dominion Bank (NYSE:TD) has risen 8.67% since March 7, 2017 and is uptrending. It has underperformed by 8.03% the S&P500.

Continental Advisors Llc increased Spdr S&P 500 Etf Tr (Put) (SPY) stake by 38,000 shares to 198,000 valued at $49.74 million in 2017Q3. It also upped Goldman Sachs Group Inc (NYSE:GS) stake by 36,050 shares and now owns 43,050 shares. Perrigo Co Plc (NYSE:PRGO) was raised too.

Among 10 analysts covering TD Bank (NYSE:TD), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. TD Bank had 23 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of The Toronto-Dominion Bank (NYSE:TD) has “Outperform” rating given on Friday, August 28 by RBC Capital Markets. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Monday, March 13. The stock has “Outperform” rating by BMO Capital Markets on Monday, August 31. The stock has “Buy” rating by Bank of America on Tuesday, November 1. Scotia Capital maintained the shares of TD in report on Friday, August 28 with “Sector Perform” rating. The stock of The Toronto-Dominion Bank (NYSE:TD) earned “Buy” rating by Citigroup on Wednesday, September 14. The rating was downgraded by IBC on Friday, August 26 to “Sector Performer”. Bank of America maintained The Toronto-Dominion Bank (NYSE:TD) on Tuesday, January 30 with “Buy” rating. National Bank Canada upgraded the shares of TD in report on Friday, September 1 to “Outperform” rating. The stock of The Toronto-Dominion Bank (NYSE:TD) has “Equal-Weight” rating given on Tuesday, May 23 by Barclays Capital.