The outlook for the TSX on Wednesday was for stocks to try to rally at the open and then close lower.  The morning did start with a nice rally attempt but it faded within the first 30 minutes of the market being open. By 11:00 AM the TSX was down at the day’s low of 14,948.28. That brought in some buyers who were unable to recover the 15000 level. Once that level failed to be captured by investors more selling emerged into the afternoon. A small rally in the last half hour of trading managed to push the TSX up off the lows for the day, but the index still lost 62.43 points to close at $14,980.72

For FullyInformed Canada members, here is the Market Direction Outlook for the Toronto Stock Exchange for May 14 2015

TSX Market Direction Outlook for May 14 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.


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