For a complete market review and a look at a few big movers on the day, click here for the Canada Colour Guard Video Report: http://www.screencast.com/t/OgBQJZkR You can pause, fast forward and rewind by clicking in the slider bar at the bottom of the video.
The TSX started an explosive rally when the Federal Reserve statement was released around 2:00 p.m. The size of the large green candle on the adjacent 5-minute current day graph shows the exact time investors received and digested the news. A pullback near the end of the day and then a small rally again at the end. Watch the news tonight and the futures tomorrow for any signs of changing sentiment as investors continue to digest the news and what it means for the equities market.
At right are the top percent gainers among the Capped Indices found in your Viewers tab. Insurance companies and the banks led financials index lower, one of only two indices that posted negative results today.
Not currently a VectorVest subscriber? Sign up for a 5-week trial for just $9.95 USD. You’ll have premium access to all our VectorVest educational videos as well as complete stock analysis on more than 3,000 Canadian stocks and 8,000 US stocks. Go to vectorvest.ca or call 1-888-658-7638 to access your trial.