For FullyInformed members here is the Market Direction Outlook for the Toronto Stock Exchange for Tuesday Dec 8 2015.
Toronto literally collapsed on Monday, falling 313.94 points for a 2.37% decline and taking the TSX down to within a handful of points of 13000. Oil fell to a 7 year low collapsing 6% on the news that OPEC was unable to set production guidelines in an effort to shore up the price of oil. Many analysts were so bearish on Monday that they were openly predicting oil would reach $20 before a bottom to the price of oil would be reached. For those who are contrarian investors, this might be advising that oil is nearing a bottom with so many bears coming out against oil…….. the rest of the TSX Market Direction Outlook is for FullyInformed Members.
TSX Market Direction Outlook for Dec 8 2015
FullyInformed Members can login through this link to read the latest market direction outlook for the Toronto Stock Exchange or they can sign in to the full members site here. Non-members can join here or review the benefits of a membership.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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