FullyInformed.com

TSX Composite Index – The Week Ahead – 4th Week Of June 2015 – Investing Strategy Notes

Jun 20, 2015 | Investing Strategy Notes, Stock Market Outlook - The Week Ahead, TSX Composite Index - The Week Ahead

The past week on the Toronto Stock Exchange was significant. Technically the Toronto Stock Exchange has been unable to recover the all-time high of 15,685.13 which was made on September 3 2014. This week the TSX broke its support level set in January 2015 which was tested and held in March 2015.

The chart since January 2 2015 below shows the extent of the continuing decline on the Toronto Stock Exchange. While for the past few days I had been hopeful that the TSX was forming a bottom around the important 14750 level, investors were obviously not buying into that bottom. On Friday as the TSX fell through 14600, volume picked up and the TSX experienced the heaviest volume day in more than a year with 608 million shares traded. 72% of the volume on Friday was to the downside. The low for the day was 14,584.43. While many analysts were jumping on the “bounce bandwagon” with so much volume on Friday as they pointed to the rebound in prices from that low to a close of 14,653.12, the outlook remains poor for the TSX even if there is a bounce to start the week off.

Toronto Stock Exchange 2015 Chart

On January 2 the TSX opened at 14,637.34 and by Jan 14 it had reached a low of 13,892.57. That sparked what turned out to be a failed rally which by early March had the TSX back to the 14600 level. This time the level held and the TSX tried to climb into April. The problem is commodity prices are depressed. While the USA is watching unemployment improve and their economy expand, the Canadian economy is not expanding but instead Canada is experiencing “sideways growth”. Momentum since April has turned decidedly negative and remained as such. Friday saw momentum turning lower again. Since the start of January, the TSX has basically gone nowhere and is sitting with a slight loss.

TSX Jan 2 to June 19 2015

TSX Jan 2 to June 19 2015

 TSX Daily Chart

Looking at the past couple of weeks and in particular this past week, it is obvious the …………….. the rest of this strategy discussion article is for FullyInformed Canada Members..

TSX – The Week Ahead – 4th Week Of June 2015

FullyInformed Canada Members can login directly through this link to read the the latest investing strategy notes for the week ahead.  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

Portfolio Listing by Years

My Principal Stocks Index

Trade Ideas for Members

Trade Alerts for Members

Put Selling Strategies

Put Selling Strategies For Members

Covered Calls Strategies

Covered Calls Strategies For Members

Profit And Income Strategies Index

Stock and Option Strategies For Members

Stock And Option Trades Explained For Members

Ask A Question About A Trade You Are In

Sign My Guestbook

Visit My Shop

Join The Free Options Forum

Search

Select to view all results...

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Recent Outlooks

Morning Investing Strategy Notes for Mon Feb 10 2025

For FullyInformed Members the morning Investing Strategy Notes for Mon Feb 10 2025 review the outlook for the start of the second week of February. Stocks discussed include VIX ETF, McDonalds Stock (MCD), Shopify Stock (SHOP) and more. The morning …

Morning Investing Strategy Notes for Fri Feb 7 2025

For FullyInformed Members the morning Investing Strategy Notes for Fri Feb 7 2025 review the outlook for Friday and the January payroll numbers. Stocks discussed include VIX ETF, Amazon.com Stock (AMZN), Cloudflare Stock (NET), McDonalds Stock (MCD) and more. The …

Morning Investing Strategy Notes for Thu Feb 6 2025

For FullyInformed Members the morning Investing Strategy Notes for Thu Feb 6 2025 review the outlook as we head into the January employment report on Friday before the open. There are a large number of trades outlined today. Stocks discussed …

Morning Investing Strategy Notes for Wed Feb 5 2025

For FullyInformed Members the morning Investing Strategy Notes for Wed Feb 5 2025 review Tuesday’s bounce. Stocks discussed include Clorox Stock (CLX), Alphabet Stock (GOOGL), Chipotle Mexican Grill Stock (CMG), ARM Stock (ARM), Eli Lilly Stock (LLY) and more. The …

Morning Investing Strategy Notes for Tue Feb 4 2025

For FullyInformed Members the morning Investing Strategy Notes for Tue Feb 4 2025 review the sell-off on Monday and the outlook for today. Stocks discussed include Palantir Tech Stock (PLTR), NXP Semiconductor Stock (NXPI), Uber Tech Stock (UBER), Walt Disney …

Morning Investing Strategy Notes for Mon Feb 3 2025

For FullyInformed Members the morning Investing Strategy Notes for Mon Feb 3 2025 review the outlook for the start of February trading. Stocks discussed include Apple Stock (AAPL), Palantir Tech Stock (PLTR), PayPal Stock (PYPL), PepsiCo Stock (PEP) and more …

Morning Investing Strategy Notes for Fri Jan 31 2025

For FullyInformed Members the morning Investing Strategy Notes for Fri Jan 31 2025 review Thursday’s choppy day and positive close. Stocks discussed include Apple Stock (AAPL), Microsoft Stock (MSFT), Caterpillar Stock (CAT), United Parcel Service Stock (UPS), VISA Stock (V), …

Morning Investing Strategy Notes for Thu Jan 30 2025

For FullyInformed Members the morning Investing Strategy Notes for Thu Jan 30 2025 review Wednesday’s choppy trading and the outlook for the next few trading days. There are a large number of trades outlined for today. Stocks discussed include Microsoft …

Morning Investing Strategy Notes for Wed Jan 29 2025

For FullyInformed Members the morning Investing Strategy Notes for Wed Jan 29 2025 review Tuesday’s bounce and the outlook for today. Stocks discussed include IWM ETF, Tesla Stock (TSLA), Microsoft Stock (MSFT), Meta Stock (META) and more. The morning Investing …

Morning Investing Strategy Notes for Tue Jan 28 2025

For FullyInformed Members the morning Investing Strategy Notes for Tue Jan 28 2025 review Monday’s tech sell-off. Stocks discussed include IWM ETF, Starbucks Stock (SBUX), F5 Networks Stock (FFIV), Norfolk Southern Corp Stock (NSC) and more. The morning Investing Strategy …

Morning Investing Strategy Notes for Mon Jan 27 2025

For FullyInformed Members the morning Investing Strategy Notes for Mon Jan 27 2025 review the outlook for the start of the final week of January. Stocks discussed include Texas Instruments Stock (TXN), American Express Stock (AXP), Nucor Stock (NUE), General …

Morning Investing Strategy Notes for Fri Jan 24 2025

For FullyInformed Members the morning Investing Strategy Notes for Fri Jan 24 2025 review the outlook for the overbought markets. Stocks discussed include Abbott Labs Stock (ABT), Texas Instruments Stock (TXN), American Express Company Stock (AXP), Verizon Communications Stock (VZ) …

Morning Investing Strategy Notes for Thu Jan 23 2025

For FullyInformed Members the morning Investing Strategy Notes for Thu Jan 23 2025 review the outlook for Thursday following another higher close on Wednesday.. Stocks discussed include Abbott Labs Stock (ABT), GE Vernova Stock (GEV), Texas Instruments Stock (TXN), American …

Morning Investing Strategy Notes for Wed Jan 22 2025

For FullyInformed Members the morning Investing Strategy Notes for Wed Jan 22 2025 review the outlook for Wednesday. Stocks discussed include Netflix Stock (NFLX), United Airlines Stock (UAL), Discover Financial Stock (DFS), American Airlines Stock (AAL), GE Aerospace (GE)  and …

Subscribe For The Latest News