For FullyInformed members here is the Market Direction Outlook for the Toronto Stock Exchange for Thursday Dec 3 2015.

On Wednesday a rising US dollar and discord at OPEC’s latest meeting in Vienna led to Oil collapsing below $40. This dragged the TSX lower as energy stocks led most commodity stocks lower, including gold stocks. Financials tried to rally but by the close only Bank of Montreal held a positive close as the remaining large banks all pulled back despite good quarterly numbers from National Bank of Canada which raised its dividend and Royal Bank of Canada producing record high revenue numbers and beating all estimates on earnings.

By the close of the day on Wednesday the TSX was down 172.25 points wiping out all the gains from the previous day and a small part of Monday’s rally…….. the rest of the TSX Market Direction Outlook is for FullyInformed Members.

TSX Market Direction Outlook for Dec 3 2015

FullyInformed Members can login through this link to read the latest market direction outlook for the Toronto Stock Exchange 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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