For FullyInformed Canada members here is the Market Direction Outlook for the Toronto Stock Exchange for Jul 8 2015.
My outlook for the Toronto Stock Exchange for Tuesday was for stocks to push lower but not a large move down. I was wrong as instead of light selling, stocks plunged in the morning dropping more than 200 points before investors stepped back in and bought stocks again. The entire day was an emotional roller coaster and indicative of why stocks are such a risky investment for most people. The drop in the morning saw dozens of emails flowing to my inbox asking if this was the time to get out or buy or move to the short side of the market. To each of the investors I basically said the same thing. I would wait and do nothing.
TSX Market Direction Outlook for July 8 2015
FullyInformed Canada Members can login through this link to read the latest market direction outlook for the Toronto Stock Exchange or members can sign in to the full Canada members site here. Investors can join FullyInformed’s Canada section or read about the benefits of being a member through this link.
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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