The market is taking a breather. 4200 – 4300 points looks like a good support. Take advantage of the weakness....
Markets are becoming overbought on the short term basis. A pullback would be a good buying opportunity....
The most recent market rally was strong enough to break through the previous resistance level. There is a good chance that a new bull market is upon us....
Oil continues to struggle against the overall stock market, though a relief rally is possible....
As the market is trying to advance, fewer stocks are participating in the rally. Proceed with caution....
Large companies continue to outperform smaller companies on both sides of the border....
Global markets continue to outperform Canada and the US. These indices deserve a spot in a diversified portfolio....
Bond market expects the FED to cut rates soon. If that takes place, longer term high quality bonds would outperform....
Large companies continue to dominate stock performance....
While the market is trying to set in a new uptrend, the participation of stocks in this rally is waning. I would not rule out a pause or a slight pullback in the near term....