TSX Composite Index – Canadian Stock Market Outlook

TSX Composite Index is the primary Canadian stock market located in Toronto, Ontario Canada. This is the daily TSX Composite Index Canadian Stock Market outlook which reviews the day’s activity to predict the next trading day’s outlook.

TSX Composite Index – Market Breadth Outlook For Mar 24 2017

Categories: TSX Composite Index - Canadian Stock Market Outlook

TSX Composite Index – Market Breadth Outlook For Mar 24 2017

On Thursday Mar 23 2017, The TSX spent the first hour relatively flat, but then buyers entered and the TSX shot higher. Within half an hour the TSX Composite Index was at $15,441. By 1:00 PM the TSX Composite Index was at 15463. The market then drifted sideways until shortly after 3:00 PM. When the larger US markets fell back and turned negative, investors took some profits and stocks moved lower. But the day was still strong with the TSX up just over half a…

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TSX Composite Index – Market Breadth Outlook For Mar 23 2017

Categories: TSX Composite Index - Canadian Stock Market Outlook

TSX Composite Index – Market Breadth Outlook For Mar 23 2017

On Wednesday Mar 22 2017, the TSX Composite Index started the day the same as the neighbours to the south, lower. With financial stocks again pulling back, most sectors followed the financials lower. However when Utilities didn’t fall but instead rose, financials gained a foothold and began to climb back. The rest of the market followed and by the close the TSX managed to end the day up 35.33 points to 15,348.46. Let’s take a look at the market breadth indicators from March 22 2017…

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TSX Composite Index – Market Breadth Outlook For Mar 22 2017

Categories: TSX Composite Index - Canadian Stock Market Outlook

TSX Composite Index – Market Breadth Outlook For Mar 22 2017

On Monday the TSX Composite Index start to the day seemed promising. But investor concerns south of the border over the ability of the President to push through his healthcare bill to replace Obamacare, resulted in many investors worrying that any tax reforms would not come about. In short it was a day when investors lost confidence in the ability of the Trump administration to get their key platforms of tax reform, banking deregulation and repatriation of overseas profits into reality. Considering that it is…

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TSX Composite Index – Market Breadth Outlook For Mar 21 2017

Categories: TSX Composite Index - Canadian Stock Market Outlook

TSX Composite Index – Market Breadth Outlook For Mar 21 2017

On Monday the TSX Composite Index started the day weak but as the day wore on the weakness turned into selling. With concern mounting about US protectionism under President Trump the G20 meeting ended without an agreement on global trade. Added to this concern was more rumors about banking regulators looking deeper into Canadian banks which sent the financial sector lower. By the end of the day the TSX was closing below 15500 but well off the lows Let’s take a look at the market…

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TSX Composite Index – Market Breadth Outlook For Mar 20 2017

Categories: TSX Composite Index - Canadian Stock Market Outlook

TSX Composite Index – Market Breadth Outlook For Mar 20 2017

The third week of March saw stocks turn sideways again. A drop on Tuesday was quickly recovered on Wednesday and while it looked like Thursday might continue to trend, it failed and Friday saw the TSX Composite Index fall back below the 15500 level. For the week the TSX Composite Index lost only 16.19 points but it was the second week of losses for the index. Let’s take a look at the market breadth indicators from Friday March 17 2017 and see the outlook for…

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TSX Composite Index – Canadian Stock Market Outlook For Mar 20 2017

Categories: TSX Composite Index - Canadian Stock Market Outlook

TSX Composite Index – Canadian Stock Market Outlook For Mar 20 2017

Friday was a down day for the TSX Composite Index. By the end of the day the index was down just shy of half a percent at 71.92 points lower. The day closed with the index back below the important 15500 level, at 15,490.49. The decline was lead by financials which slipped further following two days of dropping prices. As well resource based stocks pulled back despite commodity prices rising. Telecoms were higher. Here is the Canadian Stock Market outlook for Monday Mar 20 2017…

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TSX Composite Index – Market Breadth Outlook For Mar 17 2017

Categories: TSX Composite Index - Canadian Stock Market Outlook

TSX Composite Index – Market Breadth Outlook For Mar 17 2017

While the American markets were negative for almost the entire day on Thursday, the TSX Composite Index built onto Thursday’s rally and ended the day higher. By the close the TSX Composite Index was up 41.50 points much of which was on the back of a falling US dollar and rising Canadian dollar, a rise in crude prices, rise in gold prices and a rise in most of the bank stocks. Let’s take a look at the market breadth indicators from Thursday March 16 2017…

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TSX Composite Index – Market Breadth Outlook For Mar 16 2017

Categories: TSX Composite Index - Canadian Stock Market Outlook

TSX Composite Index – Market Breadth Outlook For Mar 16 2017

Wednesday saw a big jump in the TSX Composite Index marking the largest rally since March 1. Much of the strength came from oil prices moving higher to push above $49. 9 of 10 sectors rose while banks fell on concerns that all major banks may have sold consumers products without their consent. By the close of the day the TSX was up 141.30 points to close at 15,520.91. This article focuses on the Market Breadth of the TSX Composite Index after the close on…

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TSX Composite Index – Canadian Stock Market Outlook For Mar 15 2017

Categories: TSX Composite Index - Canadian Stock Market Outlook

TSX Composite Index – Canadian Stock Market Outlook For Mar 15 2017

Tuesday saw another triple digit decline. This was the largest decline since February 24. Yesterday the outlook for the TSX Index was whether the bounce on Monday was just technical and thereby suspect for a second decline. Tuesday we got the answer as the index fell 1.06% to close at 15,379.61. Here is the Canadian Stock Market outlook for Wednesday Mar 15 2017.  The outlook includes the latest update to the TSX Market Direction Portfolio and a technical review of Tuesday’s action. The rest of…

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TSX Composite Index – Market Breadth Outlook For Mar 15 2017

Categories: TSX Composite Index - Canadian Stock Market Outlook

TSX Composite Index – Market Breadth Outlook For Mar 15 2017

Tuesday saw the biggest decline in the TSX Composite Index since Feb 24. With oil sinking below $48 and the Canadian dollar down, the market sold lower in a broad sell-off. This is the second broad sell-off in 5 days. By the close the TSX was down 165.21 points to close at 15,379.61. This article focuses on the Market Breadth of the TSX Composite Index after the close on Tuesday March 14 2017 and the outlook for the next trading day. The TSX Composite Index…

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TSX Composite Index – Canadian Stock Market Outlook For Mar 14 2017

Categories: TSX Composite Index - Canadian Stock Market Outlook

TSX Composite Index – Canadian Stock Market Outlook For Mar 14 2017

After four days of declines for the TSX Composite Index in the last week, the TSX Composite Index ended last week with a total loss of 101 points. But it did end the week at 15,500 which is important for the TSX Composite Index in the present rally. It was food to see the TSX Index stay positive all day on Monday and finally close up 38 points for the best gain since March 3. Here is the Canadian Stock Market outlook for Tuesday Mar…

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TSX Composite Index – Market Breadth Outlook For Mar 14 2017

Categories: TSX Composite Index - Canadian Stock Market Outlook

TSX Composite Index – Market Breadth Outlook For Mar 14 2017

Monday March 13 2017 started with a small bounce at the open that built into a bigger bounce after 10:00 AM. By noon the TSX Composite Index was still holding the intraday highs but a dip in the early afternoon threatened the advances made. Another rally attempt after 2:00 PM saw the TSX hit the intraday high of 15,566.26 before the index pulled back into the close. Unlike the prior week when the index gave back all the day’s rally, on Monday the TSX Composite…

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TSX Composite Index – Market Breadth Outlook For Mar 13 2017

Categories: TSX Composite Index - Canadian Stock Market Outlook

TSX Composite Index – Market Breadth Outlook For Mar 13 2017

Friday was actually quite bearish for the TSX Composite Index. The index started the day with a rally above 15,570 and then lost it all and the index fell to 15,422.06 short before 2:00 PM. When the US markets began to climb late in the day the TSX Composite Index joined in the rally as crude oil prices tried to move higher. The index managed to close at 15506.68 up just 9.84 points. This article focuses on the Market Breadth of the TSX Composite Index…

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TSX Composite Index – Market Breadth Outlook For Mar 9 2017

Categories: TSX Composite Index - Canadian Stock Market Outlook

TSX Composite Index – Market Breadth Outlook For Mar 9 2017

Wednesday Mar 8 2017, saw the TSX Composite Index give back another rally. This is the second straight give-back from the TSX Composite Index. This is indeed bearish signals. This article focuses on the Market Breadth of the TSX Composite Index after the close on Wednesday Mar 8 2017 and the outlook for the next trading day. The TSX Composite Index Market Breadth Outlook for tomorrow is for FullyInformed Members. TSX Composite Index Market Breadth Outlook for Mar 9 2017 FullyInformed Members can read this…

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TSX Composite Index – Canadian Stock Market Outlook For Mar 9 2017

Categories: TSX Composite Index - Canadian Stock Market Outlook

TSX Composite Index – Canadian Stock Market Outlook For Mar 9 2017

On Wednesday Mar 8 2017, the TSX Composite Index started the day in positive territory and by 11:00 AM the index was up to 15,645.64. But as oil prices slid lower, down 5% at one point, the energy sector dropped. Selling was strong enough to impact financials and the industrial sector stocks as well. The Canadian dollar fell lower as traders anticipate a rate hike in the US next week. By the end of the day the TSX was down 111.80 points for a drop…

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