The USA job numbers were the big catalyst for stocks on Friday, both in the US and at home in Canada. But while the US markets enjoyed a strong day of rallying, Toronto moved up just half a percent to 15,170.02. The move higher on Friday on the Toronto Stock Exchange seemed quite guarded and a lot of investors appeared to be staying on the sidelines. Volume was poor on Friday with a huge drop in shares traded.
For FullyInformed Canada members, here is the Market Direction Outlook for the Toronto Stock Exchange for Monday May 11 2015..
TSX Market Direction Outlook for May 11 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.
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