Tue Aug 1 2017 was a better day for the TSX with 8 of the 10 TSX sectors rising. It was also the second day in a row with a positive close.
At the outset though it wasn’t pretty, with the TSX plunging to 15052 on the back of declining oil prices from a two month high. However with better earnings from Air Canada, Shopify, Thomson Reuters and West Jet the index recovered within half an hour and then spent much of the day holding the 15200 level. It closed at 15202.10.
Here is the Canadian Stock Market outlook for Wed Aug 2 2017.
The outlook for the next trading day, includes the latest technical review of the prior trading day’s action on the TSX Composite Index. It outlines the support levels to be aware of and a Canadian stock trade idea.
The rest of the Canadian Stock Market Outlook for tomorrow is for FullyInformed Members.
TSX Composite Index – Canadian Stock Market Outlook for Aug 2 2017
Internal Stock and Option Trades Links