For FullyInformed members here is the Market Direction Outlook for the Toronto Stock Exchange for Friday Jan 8 2016.
Thursday Jan 7 was another down day for the Toronto Stock Exchange with oil collapsing and the Shanghai Composite Index halted within the first half hour of trading, Toronto followed the rest of the global stock markets lower. The day ended with the TSX at 12,448.21, down 278.59 points for a drop of 2.19%. In the last hour hour of trading the TSX made a new 52 week low at 12,439.14. This is now a decline of 3085.61 points from the all-time high of 15,524.75 for a drop of 19.8% as Toronto enters into bear market territory.
Tonight’s TSX Market Direction Outlook for Frday Jan 8 looks at the market direction, and the trades I outlined last night for today (Jan 7) and outlines some additional trades I am considering for Jan 8 (Friday)…….. the rest of the TSX Market Direction Outlook is for FullyInformed Members.
TSX Market Direction Outlook for Jan 8 2016
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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