For those who can't figure out why markets don't crash ...

N

Nine_Ender

Canada had annualized GDP growth 4th quarter of 6.7%; Bank of Montreal last quarter profit of $3B up 45%. Never mind all the Oil stocks putting up massive numbers at $80 WTI never mind $100. Earnings and economic growth matter.
 
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maxinger said:
Does Canada drive the whole world markets?!?!

Anyway, the answer is irrelevant / not important at all.

We just focus on our charts and trade based on what the chart says.
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It is important but yes just trade the charts if you struggle with reads on fundamentals and macro calls. Do what you need to do.
 
Laissez Faire said:
The market's already corrected quite a bit, though. Yesterday was end-of-month window dressing and today is the first trading month of March. Historically, quite bullish.

Let's see where she goes...
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Sure, even more reason not to correct more. other then the war getting worse. TSX however it should be noted never corrected.
 
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MKTrader said:
What did that oh-so delicate Canadian snowflake Rear_Ender post this time? I'm evidently blocked by him/her/whatever pronoun.
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If it's really important for you to know you can log out and read all the posts you are blocked from.
 
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