TSX Market Direction Outlook, Trade Ideas and Strategy Notes For Jan 21 2016

Jan 20, 2016 | TSX Composite Index - Canadian Stock Market Outlook

For FullyInformed members here is the Market Direction Outlook for the Toronto Stock Exchange for Thursday Jan 21 2016.

The collapse of oil below $27.00 pushed the TSX into a negative open and lead to a decline of 466 points by the lunch hour. With the TSX down to 11,531.22 the market began to recover. The move higher in the mid-afternoon managed to cut the loss to 159.13 points by the close for a loss of 1.33%. The TSX closed the day at 11,843.11 back below the 12,000 level……….. the rest of the TSX Market Direction Outlook is for FullyInformed Members.

TSX Market Direction Outlook for Jan 21 2016

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.