The outlook for Monday was for stocks to move lower. The key to today’s action for a lot of investors was the lack of any meaningful bounce on Friday. Investors are hemorrhaging from energy and commodity stocks and decided it was time to take profits in the few remaining sectors that have done well and get out. At times the selling felt like panic, especially when the market collapsed below 14000.
The rest of this TSX market direction outlook and trade ideas is for Canada Members.
TSX Market Direction Outlook for Dec 9 2014
FullyInformed Canada Members can login directly through this link to read the market direction outlook for the Toronto Stock Exchange for Dec 9 2014 or members can sign in to the full Canada members site here. Investors can join FullyInformed’s Canada section or read about the benefits of being a member through this link.
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