Q2 earnings season is nearly complete.
Earnings were mixed with big wins coming from the likes of Apple. The technology sector has been leading the market year-to-date (think tech ladden Nasdaq index).
Q2 earnings season is nearly complete.
Earnings were mixed with big wins coming from the likes of Apple. The technology sector has been leading the market year-to-date (think tech ladden Nasdaq index).
Here is what the recent correction looked like, primarily in the last quarter of last year and the significant upward rally that took place during the first four months of this current year….
The Canadian (TSX) and the American (S&P 500) bottomed on December 24. Both markets have been rallying up since then. The Canadian market has rallied up from 13,800 to 15,540 +12.6%. The U.S. market has rallied up from 2350 to 2704 +15%.
Both markets recovered in January, more than half of what they gave up over 5 months in Canada and 3 months in the U.S.