TSX Market Direction Outlook, Strategy Notes and Trades For Dec 1 2015

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

For FullyInformed members here is the Market Direction Outlook for the Toronto Stock Exchange for Tuesday Dec 1 2015.

On Monday stocks rallied, led by resource stocks, the financials and Valeant Pharmaceuticals International Stock which moved up 4 percent. On Tuesday we start our big bank quarterly results. Analysts are pessimistic but I am not as “down” as they are on the Canadian banking sector. They have done a good job so far with the decline in oil prices. While I am or expecting “out of the park” results I do not think the results will continue to be positive which is sure to upset the bears and those who remain short Canadian Bank stocks.

Oil rallied slightly on Monday ahead of OPEC meeting in Vienna this week but by the close it was lower again. Suncor though did well today as did Canadian Oil Sands Stock……. the rest of the TSX Market Direction Outlook is for FullyInformed Members.

TSX Market Direction Outlook for Dec 1 2015

FullyInformed Members can login through this link to read the latest market direction outlook for the Toronto Stock Exchange or they can sign in to the full members site here. Non-members can join here or review the benefits of a membership.

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.