TSX Market Direction Outlook and Strategy Notes For Dec 4 2015

Dec 3, 2015 | TSX Composite Index - Canadian Stock Market Outlook

For FullyInformed members here is the Market Direction Outlook for the Toronto Stock Exchange for Friday Dec 4 2015.

On Thursday the TSX lost 139.15 points for a drop of 1.03%. It did though close off the lows of the day. The problem was the sell-off in Europe that spread to North American equities over the lack of an expansion of the stimulus the ECB is providing. The big bank stocks pulled back despite strong profits in the latest quarterly results.

Canadian National Railway Stock fell to $77.85 on news that overall shipments have slipped. CP Rail fell in sympathy, closing at $188.41 down 1.3%.

Gold stocks rose along with the materials sector and energy stocks but the drop in financials outweighed their advances leading the TSX with a loss for the day…….. the rest of the TSX Market Direction Outlook is for FullyInformed Members.

TSX Market Direction Outlook for Dec 4 2015

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