The outlook for the Canadian Stock Market for ednesday was for a bounce back following the substantial losses on Tuesday. The TSX Composite Index obliged as oil prices rose when stats from the US showed a decline in US stockpiles for the 5th week in a row. This pushed Suncor Energy Stock along with the entire energy sector, higher.
TSX Composite Index Rises 89.57 Points
The TSX composite Index rose on Wednesday following 3 previous down trading days for a gain of 0.62% and to close back above the 14,500 level at $14610.58.
Here is the Canadian Stock Market outlook for Thursday Oct 6 2016 and an update to the TSX Market Direction Portfolio along with 5 trade ideas for Thursday……………………..the rest of the Canadian Stock Market Outlook for Tomorrow is for members.
TSX Composite Index – Canadian Stock Market Outlook for Oct 6 2016
FullyInformed Members can log in through this link to read the latest Canadian Stock Market Outlook for tomorrow for the TSX Composite Index or they can sign in to the full members site here. Non-members can join here or review the benefits of a membership.
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.
Internal Stock and Option Trades Links
Put Selling Strategies For Members
Covered Calls Strategies For Members
Profit And Income Strategies Index
Stock and Option Strategies For Members
Stock And Option Trades Explained For Members
Ask A Question About A Trade You Are In