For FullyInformed members here is the Market Direction Outlook for the Toronto Stock Exchange for Monday Jan 18 2016.
Friday saw the market break the 12,000 level intraday reaching a low of 11,950.85 before closing at 12,073.46. This is the first day for the market to reach the 12,000 level and the level held the market in check.
Panic is starting to set in as many investors jumped into oil and commodity stocks believing they would recover quickly or at the very least, there would be a sharp rally. That has not happened and many investors are now in these stocks at prices that are down significantly from where they thought these stocks would bottom……… the rest of the TSX Market Direction Outlook is for FullyInformed Members.
TSX Market Direction Outlook for Jan 18 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.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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