TSXV:NYX.DB - Post by User
Comment by
Infirstmoneyon Jul 27, 2015 2:59pm
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Post# 23964090
RE:RE:RE:RE:RE:RE:WHAT IS GOING ON?
RE:RE:RE:RE:RE:RE:WHAT IS GOING ON?Canadian Stocks in freefall, (all resource based economies falling). Markets facing a big correction here, after 7 years of climbing. Small caps fair very poorly in sell-offs. Made worse with low volume in the summer. Very popular sell-Canada theme in the markets catching momentum. Happens all the time, this time no different. Canadian drivers, Gold, Metals, Oil heading lower. U.S. dollar climbing against Canadian, making Canadian companies buying power very poor. (Mind you, 78 to 80 Cents kinda perfect....but 70 cents not very good for most. Some do benefit)