On Tuesday Feb 14 2017, the TSX Composite Index managed another gain marking 5 straight up trading days and leaving the index at its highest level to date.
TSX Composite Index Rises 29.45 Points
The increase on Tuesday was 29.45 points which left the TSX Composite Index at 15,786.03.
Once again, energy stocks and financial stocks led the TSX higher.
Most analysts are now indicating that if all oil producers, not just OPEC producers, fail to cut production, the second half of 2017 will see oil inventories rise and possibly surpass any oil inventory records from the past few years.
That will be quite bearish for oil prices and the TSX Composite Index.
Here is the Canadian Stock Market outlook for Wednesday Feb 15 2017. The outlook includes the latest update to the TSX Market Direction Portfolio and Market Breadth Outlook.
The rest of the Canadian Stock Market Outlook for tomorrow is for FullyInformed Members.
TSX Composite Index – Canadian Stock Market Outlook for Feb 15 2017
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