The Canadian Stock Market outlook for Thursday was for stocks to close above 14000 on the back of earnings from another 3 of the big banks, TD, CIBC and Royal (RBC).

CIBC sold lower on their earnings but TD and Royal moved higher.

Bank of Nova Scotia reports their earnings on Tuesday May 31 before markets open.

National Bank of Canada reports on Wednesday June 1 before markets open.

TSX Composite Index Falls 4.54 Points

Thursday was a choppy day of trading with a rally in the morning that took the TSX Composite Index to a high in the early morning of 14143.50 before selling started. The morning low around 11:00 AM was at 14050. That sparked a small rally into the lunch hour which gained more momentum shortly before 3:00 PM only to have investors sell the market off into the close. The close was 14,049.50 which kept the TSX above the 14000 level………….the rest of the Canadian Stock Market Outlook for Tomorrow is for members.

TSX Composite Index – Canadian Stock Market Outlook for May 27 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.


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