The TSX Composite Index closed up 101 points to end that day at a new 52 week closing high of 21,087.
The index is now up 21% on the year and 5% in October alone. In the recent correction in US markets, the TSX only pulled back about 2.3% but since then has rallied strongly pushing the index to over 21,000 today. There are some signals today after the close, worth a review by members who invest in Canadian equities or on the Canadian Stock Market.
Here is the TSX Market Breadth Analysis and TSX chart of the Canadian Stock Market outlook for Wed Oct 20 2021.
The Canadian Stock Market Outlook is for FullyInformed Members.
TSX Market Breadth Analysis – Canadian Stock Market Outlook For Wed Oct 20 2021
Members can read the TSX Composite Index outlook through this link
Members can sign in to the full members site here
Become a member. Join here, read comments, review benefits
Members can sign in to the full members site here
Become a member. Join here, read comments, review benefits
Canadian Stock Market Outlook Archives
TSX Market Breadth Analysis – Canadian Stock Market Outlook For Thu Dec 2 2021
The TSX Composite Index has had the worst several days of over 400 point losses since October 2020. Over the past 4 trading days the ....... Read More
TSX Market Breadth Analysis – Canadian Stock Market Outlook For Mon Nov 22 2021
The TSX Composite Index had another weak day on Friday marking the second worst trading day of the week. The index lost 82 points to ....... Read More
TSX Market Breadth Analysis – Canadian Stock Market Outlook For Fri Nov 19 2021
The TSX Composite Index had another weak day on Thursday. The index lost just 15 points to end the day at 21,637 but it a ....... Read More
TSX Market Breadth Analysis – Canadian Stock Market Outlook For Fri Nov 5 2021
The TSX Composite Index had another bullish day on Thursday. The index rose 77 points to end the day at 21,342 a new all-time closing ....... Read More
TSX Market Breadth Analysis – Canadian Stock Market Outlook For Thu Nov 4 2021
The TSX Composite Index had a good day on Wednesday recovering Tuesday's loss of 77 points and rising a total of 95 points to end ....... Read More