The TSX depends heavily at times on the US markets for direction. In last night’s Market Direction Outlook I indicated that if the US markets sold off we should expect the TSX to follow. This is what happened. The TSX though has continually had trouble climbing over the past 3 weeks which we saw last night in the various charts I posted. Today the TSX decided to stop trying and investors took profits.
The rest of this TSX Market Direction Outlook article is for FullyInformed Canada members. … read more.
For FullyInformed Canada members, here is the Market Direction Outlook for the Toronto Stock Exchange for Tuesday Mar 4 2015.
TSX Market Direction Outlook for Mar 4 2015
FullyInformed Canada Members can login through this link to read the market direction outlook for the Toronto Stock Exchange for March 4 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.
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