Investment Advice on the Radio

It must be all the rain we have had Dave because my screen is pretty green this morning. Energy and material shares are leading the charge in Canada. The TSX appears to be finding a bottom at the 200 day moving average which is roughly 11,600. That doesn't mean we are out of the weeds yet. We can't seem to push through 12,200 on the upper end.
In the US the Dow is trading below the 200 day moving average and doesn't appear to have found it's support level. In fact in the last rally it came into resistance at the 200 day moving average and reversed back down.
Today pending homes sales rose to the rescue and provided a lift and tomorrow retail sales come out but i think the really important numbers are going to be the job numbers on Friday. This Friday we are hosting another live rallies and reversals event where we will discuss the HST and your investments. For more on this visit yourlifeyourplan.ca.