For FullyInformed members here is the Market Direction Outlook for the Toronto Stock Exchange for Wednesday Feb 17 2016

Toronto Stock Exchange Rallies 173.74 Points

The rebound in the TSX at times was weak in the early going but by midday the Toronto Stock Exchange was moving higher.  The index saw a fairly wide swing moving to 12,373.15 during the morning but closing at 12,554.98 by the close. This marked a gain of 1.40% and the second day of  rally away from Thursday’s intraday low which touched just below 12,000.

Among the biggest winners were financial stocks which investors had dumped at the fastest rate in 10 years. As well the amount of cash being raised over the past several weeks has been among the highest levels since the dot.com crash. With fear of the 2008 credit crisis replaying for many investors, they dumped financials particularly with Deutsch Bank last week adevised “they had enough capital for Tier 1 clients” which for many investors meant, Deutsch Bank was in trouble……… the rest of the TSX Market Direction Outlook is for FullyInformed Members.

TSX Market Direction Outlook for Feb 17 2016

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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