News and resources for Canada's top financial advisors
Market Insights
The Toronto stock market could be in for a negative showing at the open Wednesday amid lower oil prices and deteriorating earnings in the energy industry. The TSX edged 25 points lower Tuesday, breaking a six-session winning streak that sent the main index up almost 800 points in the wake of positive second quarter earnings […]
By Staff |July 22, 2009
3 min read
The Toronto stock market closed lower for a second session as gains in mining stocks were offset by sliding energy and industrial stocks. The S&P/TSX composite index fell 82.97 points to 10,432.35. The main index’s 25-point dip Tuesday broke a six-session winning streak that sent the main index up almost 800 points. Other analysts warned […]
2 min read
The Toronto stock market could be in for a positive showing for a seventh session in a row Tuesday. Earnings news continues to impress while investors look ahead to the Bank of Canada’s scheduled announcement on interest rates. The central bank is expected to keep its interest rate unchanged at a quarter point. But investors […]
By Staff |July 21, 2009
4 min read
The Toronto stock market closed lower despite another series of positive earnings reports and optimistic outlooks. The S&P/TSX composite index broke a six-session winning streak, falling 25.39 points to 10,515.32. The drop came after the main index jumped almost 800 points in recent days, riding a wave of higher oil prices and earnings reports that […]
The Toronto stock market was set to get a lift Monday from higher oil prices and reports that U.S. commercial lender CIT Group has agreed with key bondholders on a deal that will help it avoid bankruptcy. The TSX jumped 622 points or 6.38% last week as a string of U.S. earnings reports raised hopes […]
By Staff |July 20, 2009
The Toronto stock market finished sharply higher Monday, extending its winning streak to six sessions on the likelihood that a major U.S. financial institution will avoid bankruptcy while improving sentiment send commodity prices higher. The S&P/TSX composite index jumped 171.29 points to 10,540.71, following a surge of more than six per cent last week as […]
Products
If you believe everything you read and heard in the media about the financial crisis, you would think hedge funds are responsible for the mess we currently find ourselves in. This is a myth that needs to be dispelled. When we examine what is occurring in the hedge fund industry, the truth is that we […]
By Tristram S. Lett |July 20, 2009
5 min read
The Toronto stock market appeared headed for a lower open Friday following mixed earning results in the United States and lower commodity prices. The main TSX index is coming off four days of substantial gains that have yielded 557 points or 5.7% as a string of better than expected earnings reports from the likes of […]
By Staff |July 17, 2009
The Toronto stock market closed higher for a fifth session in a row, wrapping up a week of strong gains sparked by good earnings news that gave fresh life to the spring rally. The main S&P/TSX composite index advanced 65 points to 10,369.42, led by sharp gains in energy and mining stocks. The TSX surged […]
The Toronto stock market appeared heading for a weak opening following three solid days of gains amid falling oil prices and a disappointing earnings report from Canadian energy company Nexen Inc. (TSX:NXY) The Toronto stock market is up 468 points or 4.8% this week as solid earnings reports from Goldman Sachs Group and chip giant […]
By Staff |July 16, 2009
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.