TSX Composite Index – Canadian Stock Market Outlook For Aug 2 2017

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

Portfolio Listing by Years

My Principal Stocks Index

Trade Ideas for Members

Trade Alerts for Members

Put Selling Strategies

Put Selling Strategies For Members

Covered Calls Strategies

Covered Calls Strategies For Members

Profit And Income Strategies Index

Stock and Option Strategies For Members

Stock And Option Trades Explained For Members

Ask A Question About A Trade You Are In

Sign My Guestbook

Visit My Shop

Join The Free Options Forum