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TSX Market Direction Outlook For June 12 2014

Jun 11, 2014 | Stock Market Outlook

The Toronto Stock Exchange pulled back on Wednesday just 12.25 points as the overbought condition of the market direction up has slowed the advance over the past few days. Today with US investors taking profits, Canadian investors decided to follow suit. The biggest gains today were in the gold sector with a rise of around 1.5 percent among major producers. Barrick Gold Stock was up 0.79% on the day as bullion climbed $1.10 to $1261.20 an ounce. Two of the biggest decliners among blue chips were Bell Aliant (symbol BA) which I do not trade and which fell 2.59 percent and Rogers (symbol RCI.B) which I do trade and which fell 3.3 percent.

TSX Market Direction Outlook for June 12 2014

FullyInformed Canada Members can can login directly through this link to read the market direction outlook on the Toronto Stock Exchange for June 12 2014 or FullyInformed Canada Members can sign in to the full members site here. Investors can join FullyInformed’s Canada section or read about the benefits of being a member through this link.

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