|Day's Range||15,851.51 - 15,900.57|
|52 Week Range||14,481.60 - 15,943.10|
Here's why Enbridge Inc. (TSX:ENB)(NYSE:ENB) and Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) should be on your radar.
"The fear trade, which is the gold trade, has helped buoy the Toronto Stock Exchange," said Allan Small, a senior investment advisor at Holliswealth. Some investors are on edge after U.S. President Donald Trump warned North Korea of "fire and fury." Secretary of State Rex Tillerson later insisted the U.S. isn't signalling it's about to mete out a military response despite threats from North Korea suggesting it could attack Guam, a U.S. island territory in the Pacific.
How stock picking can provide every investor with upside, and why companies such as Fortis Inc. (TSX:FTS)(NYSE:FTS) should be considered a pick in today's uncertain investing world.
Here are two key factors I believe will contribute to or hinder the bid for a 16,000 level for Canada's S&P/TSX Composite Index (TSX:^OSTPX) in 2017.
Whether or not the S&P/TSX Composite Index (TSX:^OSTPX) will correct depends heavily on the following sectors: financials, energy, and materials.
The market is enjoying one of the best periods of growth, but the S&P/TSX Composite Index (TSX:^OSPTX) is overdue for a correction, which may actually be good thing.