Canada is underperforming the U.S. today, likely due to a pullback in resources, which have been having a strong month so far in October. Youssef Zohny More Quotes by Youssef Zohny More Quotes From Youssef Zohny Right now the market is very stretched. Youssef Zohny energy The resource areas of the market have been extremely strong this year and likely are going to see a pullback here given they look pretty stretched and likely overbought. Youssef Zohny energy It seems like some investors are maybe booking some profits ahead of that (U.S. earnings), canadian investors are going to be watching U.S. bank earnings, it is probably the strongest correlation to Canadian bank earnings. Youssef Zohny company-news With a weak loonie strategy going forward, definitely there are certain sectors of the Canadian economy that are going to be benefiting. Youssef Zohny company-news Some of them are resource-related, some of them are in manufacturing, and some of them are industrial. Youssef Zohny company-news It wouldn't surprise us to see the Canadian market cool down in the coming months. Youssef Zohny company-news We're seeing a very strong rebound in the commodity complex, particularly in energy. Some buying is coming back to the sector. Youssef Zohny company-news (It) seems like some pretty good demand for commodities today which is helping the TSX. Youssef Zohny company-news There's some anticipation of interest rate increases and some investors are taking that as potentially good for some bank profit margins. Youssef Zohny company-news Global growth has been slowing, in particular in China, and that's going to definitely keep equities in check. Youssef Zohny company-news The markets were expecting calming words from the Fed. Youssef Zohny company-news We've had a nice relief rally but definitely the risks are to the downside. Youssef Zohny company-news We see further weakness in the equity markets in the medium term. Youssef Zohny company-news I think a lot of people will be looking toward the Fed meeting next week and its impact on the U.S. dollar, should the Fed be a bit more dovish and hold off on rates, that could give a boost to commodity prices. Youssef Zohny company-news It seems that the global economy is weakening, and we'd still be very cautious on the consumer, especially in Canada. Youssef Zohny company-news There's quite a bit of panic in the energy sector right now. Youssef Zohny company-news There's quite a bit of bad news priced into the sector and there could still be some short-term pain, but it's definitely starting to look more attractive. Youssef Zohny company-news We're seeing pretty broad-based selling today. It looks like investors are getting a little nervous ahead of tomorrow's U.S. jobs report. Youssef Zohny company-news When a sector is oversold and beaten up as it is right now, long-term investors can see some good entry points. Youssef Zohny company-news The resource areas continue to trade at oversold levels. Youssef Zohny company-news
 seems like some pretty good demand for commodities today which is helping...&pic=https://whatsmyquote.com/images/quote-e4257232f88357dfe2ba858de6c4ba42.jpg&ralateUid=&language=zh_cn){kind=link}
 seems like some pretty good demand for commodities today which is helping the TSX.&media=https://whatsmyquote.com/images/quote-e4257232f88357dfe2ba858de6c4ba42.jpg){kind=link}
