For FullyInformed members here is the Market Direction Outlook for the Toronto Stock Exchange for Thursday Mar 10 2016.
Wednesday saw the TSX move higher by 81.85 points. Much of the rise was thanks to a resumption of the oil rally which had stalled on Tuesday following poor Chinese economic data.
Toronto Stock Exchange Rises 81.85 Points
The decline yesterday in the TSX was the first decline in 8 days. Today seems to have resumed the rally in the TSX. Oil moved higher today closing up $1.79 at $38.29. Brent Crude moved back up over $40 a barrel. Many analysts are now calling the oil rally, a “true recovery” and believe oil will not return to $30.00 or lower.
By the close of today, the TSX was at 13,392.90………..the rest of this article is for FullyInformed Members.
TSX Market Direction Outlook for Mar 10 2016
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