News Snapshot:
Today’s TSX is an opportune time for investing ideas to flourish. Buy the dip, sell the rally is the universal formula for all investing strategies – growth, income, and value. The TSX Composite Index slipped 5% in December as the Bank of Canada continued to grow its interest rate by 50 basis points (bps). As economists and the central bank warned of a mild recession in the first quarter of 2023, investors started selling stocks. Amid the weak macroenvironment, one stock bottomed out to its 52-week low due to company-specific reasons. The current state of the TSX is an attractive...
