'There are incredible opportunities when volatility spikes like this' [Wealth Professional (Canada)]
Canadian Natural Resources Limited (CNQ)
Last canadian natural resources limited earnings: 3/5 05:00 am
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Source: Wealth Professional
Portfolio manager went ‘hunting’ on ‘Black Monday’ as market panic overrides rational pricing By James Burton Mar 10, 2020 Share Chad Larson While the severity of what subsequently played out was not a surprise, Larson admitted the velocity at which it unfolded did. Jitters at the coronavirus outbreak and years of markets climbing a wall of worry were compounded to damaging effect by the oil plunge. Fear and panic gripped the market. Larson, director of Mayert, Larson & Derlago Wealth Management Group at Canaccord Genuity Wealth Management Canada took a battering, suffering its biggest drop since the 1987 crash. The S&P/TSX Composite Index plunged 10.30%., wiping out $218 billion in market value. The loonie was also hit while government bond yields plunged to record lows. Other global markets also collapsed. The FTSE 100 ended down 8%, while the Dow Jones fell more than 2,000 points, its biggest ever fall in intraday trading. Larson told WP that times like these separate the wolves fr
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CNQ
Sec Filings
- 12/6/24 - Form 6-K
- 12/4/24 - Form 6-K
- 11/12/24 - Form SC
- CNQ's page on the SEC website