My View on TSX (Canadian Stock Market)

Posted by Yong Pan | Jul 5, 2008 | Free Contents | 5 |

My view on TSX has only 2 charts.

2.4.4 TSE Advance-Decline Issues (Daily), while TSX was making a new high, the breadth was making a new low. This means only a few stocks were up and up while the majorities were down and down.

8.0.7 NYSE Advance-Decline Issues 1997-2003. Look at year 1999 to 2000. Exactly the same thing happened, NYSE was making a new high while the breadth was going down. Look at what had happened after year 2000.

I think TSX is about to repeat the history.

5 Comments

Yager on July 6, 2008 at 2:15 am
javamood on July 6, 2008 at 4:24 am
Joe on July 6, 2008 at 11:37 am
kurichh on October 28, 2008 at 6:00 pm
kurichh on October 28, 2008 at 6:03 pm

Trader's Calendar

Major U.S. Economic Reports are HERE
11/01: Nov 1st day, Dow up 10 of 14
11/03: Daylight saving time ends
Week before Nov OE, S&P up 9 of 14
11/07: FOMC
11/11: OE Monday, Dow up 12 of 19
Week before Thanksgiving, Dow down 6
11/15: OE Day, Dow up 15 of 21
11/28: Thanksgiving, market closed
11/29: Shortened trading day
11/29: Nov last day, S&P down 16 of 25
12/02: Dec 1st day, Nasdaq down 7 of 11

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