For FullyInformed Canada members, here is the Market Direction Outlook for the Toronto Stock Exchange for Tuesday Feb 03 2015.
TCanadian bank stocks recovered some of the lost ground on Monday although the bigger moves were in the energy stocks again as oil continued its climb and closed at $49.57 a barrel on Monday. With oil nearing the $50 level, many investors are wondering if the bottom is in for the oil decline.
Meanwhile the Canadian dollar had a very nice move and closed up at 79.31 cents US. Both of these were the major contributing factors to the TSX moving higher on Monday.
This TSX market direction outlook is for FullyInformed Canada Members.
TSX Market Direction Outlook for Feb 3 2015
FullyInformed Canada Members can login through this link to read the market direction outlook for the Toronto Stock Exchange for Feb 3 2015 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.
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.
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