On Friday Feb 9 the TSX collapsed to 14785 marking a full 10% correction to date in the index.
Here is the Canadian Stock Market outlook for Mon Feb 12 2018, along with a review of the Market Breadth Indicators from Fri Feb 9 2018.
Tonight’s outlook is expanded and starts a new format that I will be expanding on throughout the week to keep those investors who follow Canadian stocks more up-to-date on the index, market breadth and trade methods and ideas.
Tonight outlook includes a look back at the 2015 to 2016 correction and how it can be used to assist in the present correction.
I also explain how I am trading in this correction and the methods being used to both continue to earn profits while focusing on capital preservation.
It also includes the advance decline numbers for the Canadian Stock Market including new 52 week highs and lows, up and down volumes for the day and the past week and the percentage of advancing and declining stocks.
It outlines the support levels to be aware of and discusses key aspects of the TSX Composite Index which when combined with the Market Breadth Indicators for the day, assess what investors should anticipate for the next trading day.
The rest of the Canadian Stock Market Outlook for tomorrow is for FullyInformed Members.
TSX Composite Index – Canadian Stock Market Outlook for Mon Feb 12 2018
Members can sign in to the full members site here
Non-members can join here or review the benefits of a membership
Internal Stock and Option Trades Links
Put Selling Strategies For Members
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