I t could be a grind on the Toronto stock market this week with little in the way of market moving data, while investors deal with concerns about sovereign debt and the latest move by China to slow down its vibrant economy. But they are also dealing with a market that is looking tired after charging ahead about 31 per cent last year and much more than that from the lows of March, making taking some profits an attractive alternative. “The second year of a bull market off of a big bear market low is always kind of iffy,” observed John Johnston, chief strategist at the Harbour Group at RBC Dominion Securities. “The big gains are in the first 12 months, and we’re transitioning into the second 12-month period where the gains tend to be a bit more mixed.” The Toronto stock market will…

February 14th, 2010
Money maker
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