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Daily Market Reports
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Stock Market Outlook for April 18, 2024
The prospect that the Bank of Canada may be gearing up to cut interest rates has pushed the Canadian Dollar down to multi-year support, a break of which could see a test of multi-decade lows.
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Stock Market Outlook for April 17, 2024
Increasingly, economic data for March is coming in weaker than average as the mild winter weather benefit from February failed to carry over to the start of the spring season.
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Stock Market Outlook for April 16, 2024
With the US dollar and yields on the rise, a derailment compared to the seasonal norm is presented, threatening the intermediate-term rising path of stocks.
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Stock Market Outlook for April 15, 2024
This week, the market was reminded of the importance of the path of interest rates and the dollar for the strength of equity market performance.
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Stock Market Outlook for April 12, 2024
Apple (APPL) is attempting to peg support at last October’s low, threatening to disturb the rotation away from the Technology sector that had been playing out over the past couple of months as its optimal seasonal holding period gets set to begin.
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Stock Market Outlook for April 11, 2024
Bond prices and the US Dollar are breaking their multi-month consolidation ranges, adding instability to the equity market.
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