January and February 2015 have been quite the months. January particularly was extremely volatile and the TSX collapsed under the plunge in oil. Canadian Banks collapsed as well as analysts spread dire warnings about severe revenue drops that our banks would report for the start of the year. But here we are at the end of February and the TSX is back pushing hard to retake the old highs. Oil while certainly not stabilized has hung in around the $50 valuation. The big 6 Canadian banks reported good revenue aside from Bank of Montreal and all of them, including Bank of Montreal have recovered a lot of lost ground.
To end the month here are 4 trades I am considering for Friday February 27. Remember that you always trade at your own risk.
4 TSX Trade Ideas To Say Goodbye To February 2015
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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