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S&P/TSX Composite (GSPTSE)

Toronto
Currency in CAD
Disclaimer
21,807.37
+98.93(+0.46%)
Closed

S&P/TSX Composite Discussions

record unemployment , just how stupid do you have to be to buy into this market
Apparently the record unemployement is actually below some analysts forecast so that might have something to do with it as well
we are expecting 99% unemployment and all the released numbers are below 99%. Hence the market going up
not true. I am not sure if youve noticed our shift to a service economy. Most people can WFH and keep their jobs. Something near 30-40% of the labour force is doing this about another 20% are working at work and the remaining 40% are “unemployed”. Thats what my understanding of the breakdown of the estimates were
Unemployment at 13% in april. If the TSX goes up again today im taking my ball and going home
it will be up.
this market is very fake dont buy in
we need to start driving more and raise oil prices lol
Need to buy some barrels and just light them on fire.
tsx wont let go and go deep red , what is holding it up ?
It may be that Trudeau is supposed to give a bail out plan for Aviation, tourism & energy industries, this week.
  print print print , what a hole we have dug
market about to go deep into the red
What would you think that?
Lots of reasons... investors need to wake up
It's gonna go up
going for the green
coming back strong now
wtf stop falling!!!!!!!!!!!!
  potato , tomato , just let it ride , we all should have right , lol , if you have some cash left , put in a bid at $50 and see what happens , i have a bid in at $49 , lets see if luck is a lady
 Look at Italy and NYC... we have 1-2 years to go
Exactly.  Frankly it's ridiculous that we are as high as we are and truly never went as low as we should have.  This is going to be the mother of all recessions.  30% unemployment etc.  It's going to be horrific and the damage has already been done no matter how soon we contain corona.
Canadian GDP 0.0% in Feb before Covid-19.
Two quarters of declining GDP growth rates means we are in a recession not one month of negative growth rates, if you look back in 2019 Q3 and Q4 and Q12020 all saw GDP growth rates decline
wrong, a recession is not characterized by declining growth. It is actually based on contraction if there is positive growth the economy in not in a recession. So any negative gdp growth rates are potential to cause a recession if followed by another quarter of negative growth. But if there is growth there is no recession.... Just think about it logically, do you think people are more worried about slowing growth, or contractions?
“It had been typically recognized as two consecutive quarters of economic decline, as reflected by GDP” -Investopedia. But i can go pull the definition from my intro to macro textbook if you still dont believe me
Initial jobless claims totaled 3.84 million in the week ended April 25 following 4.44 million in the prior week, according to Labor Department figures Thursday. Economists had projected 3.5 million claims.
what time is the real cost of all this to be announced today ?
No growth in february without even the virus crisis and the shitty oil price, I can't imagine how bad the numbers will be in the April and May...
so why isnt the tsx down a 1000 points ,  everyone is just dreaming and blind
 Give it time.. I have a lot of HXD atm :)
 There we go
What about the statement that says: Sell in May and stay away!
Common sense screams short, but dont think the manipulation will stop any time soon
i thought about shorting after yesterday's green surge
Was short on several indexes and heavily leveraged. Up sometimes 15% on a day. But the feds money printer came in and all the indicies went up.... not betting against the damn printer again...
Anyone please tell me....why has TSX been rallying for almost one week! When is it going to correct! No way! this is really so weird and hard to believe!
I think it will happen somewhere in May all the way down to October...
this is so normal.when the market drops heavily.the federal reserve injects money in the market to correct it
If you see gold going up that will be the sign that this false rally is about to have it's arse fall out!
what has to happen to make these markets correct themselves , what has to happen , what news has to come out , nothing seams to matter , what the fuck has to happen , never before seen job losses , markets rally , , google reports a profit , markets rally ,
  and look the markets just closed and guess what , the futures are rallying ,
honestly just wait make sure to have lots of cash ready good opportunities will come in coming months, the harder this rally is the harder the crash will be
 Daniel, thanks for your reply. But this is really crazy...all bad news around us except they are going to open up the economy cautiously. But what does that mean exactly! COVID-19 is still around and oil prices are terribly low!
Way too hot, we're gonna wake up one morning soon and say oh shhh...
such low volume to on a spike
ECONOMY More than half of Canadian businesses saw revenue cut by at least 20% as pandemic took hold: survey ,, AND YET THE  TSX SOARS , WTF IS GOING ON HERE
Perfect analogy 👍
  if it keeps going like this , it will snap out ,
 No cant go much higher this is dumb and everyone knows it
Canada's economy in deepest recession on record, U-shaped recovery likely: Reuters poll
Hey, guys. If someone is thinking of buying TSX stocks these days, what would you recommend, please. Should he wait until some correction occurs, as it has been going up for a while now, especially it has gone up today the most in 7 weeks! And any top picks you would recommend please, such as energy stocks. Thanks ahead for your contribution, guys! Wish you happy and successful trading!   What do you expect is going to happen till the rest of this week, please. Thanks again!
fairfax financials
thanks for your reply. Actually, I am planning to be a swing trader.
Why is Fairfax flat?
such a wonderful opportunity this crisis was. once in a decade to really dump cash into funds. I was so happy. despite the tragedy. in a year we will look back and see that this was about a 4 month blip start to finish. I remember hearing after 2008 experts say stocks would never ever again be as they were. hahaha. and the experts are saying it again. Honestly, we will be flying high again so soon it's ridiculous.
years? vaccine will be done in a year tops. Many places will be opening back up the economy within the month in Canada which will steady the economy. If a large Seco d wave happens then yes I agree the market will crash like never before
 They tried for for 18 years to make a SARs vaccine and they couldnt. They have never create a vaccine that worked for a corona virus. Most likely a vaccine will never happen. The first wave is also not going to end in North America its going to continue for months.
even if a vaccine is created in a year they must manufacture and administer it to the global population which could take... possibly another year? who knows by then many businesses small and large will have gone bankrupt
"Canada's economy in deepest recession on record"....yep hot air!
Short canada for sure
flying on hot air
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