Canadian Watch List: January 2019

In the last year, the Toronto Stock Exchange has declined and increased in line with the U.S. markets, as compared to the Dow Jones Industrial Average and the S&P 500.

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From the December 24, 2018 lows, the Toronto Stock Exchange has the following upside resistance targets.

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If the trend is up then we should see a retest and support at the 13,780.20 lows.  If the trend is down then we should see a retest and failure of the 16,567.40 highs.  For now, the Toronto Stock Exchange is expected to achieved the 15,647.62 level.

January 2019 Watch List

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Watch List Ranking

Below is the ranking of stocks in the 1st, 2nd, & 3rd categories and the 2nd, 3rd, & 4th categories.

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The categories low p/e, low p/b, & high yield tend to perform the best for Canadian stocks.

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