TSX Market Direction Outlook For May 1 2015

Apr 30, 2015 | TSX Composite Index - Canadian Stock Market Outlook

The Market Direction Outlook for the Toronto Stock Exchange for Thursday Apr 30 2015 was for a mixed day with weakness throughout the day and a negative close. By the close the TSX was down 122.82 points but for much of the day it was down only a few dozen points.

The day started off poorly with earnings from Goldcorp disappointing. The stock plunged 6.2 percent to close at $22.71. As well Potash Corp missed on their quarterly earnings and that stock dropped 1.3% but will probably fall further as they also cut their full year profit outlook.

While I do not trade either Goldcorp or Potash I do trade Suncor Stock and their earnings were poor due to the collapse of oil prices. The stock closed down just 1 percent to $39.40.

The other stock I trade which reported earnings today is ……… the remainder of the TSX Market Direction Outlook is for FullyInformed Canada Members.

For FullyInformed Canada members, here is the Market Direction Outlook for the Toronto Stock Exchange for Friday May 1 2015..

TSX Market Direction Outlook for May 1 2015

FullyInformed Canada Members can login through this link to read the latest market direction outlook for the Toronto Stock Exchange 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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