Those shorts on FNC are just a continuation, actually 18,932 shorts covered since Dec 31st.
I can't believe BMK would put news out on Monday, when the American market is closed. Unless it was bad news. Good news would be put out probably Thursday for the best market timing effect. I think Tuesday the DOW puts in a low and bounces hard to the upside. Monday with the US markets closed I doubt we see much direction in the Canadian indices. When you look at the chart of the TSX-v it looks way oversold, sideways possible, but a big bounce to the upside more probable. JMHO
Al