TSX big picture update: flat since 2006

As the now typical late day HFT price ramp kicks in at 3:45 pm, I thought this visual update on the Canadian stock market was illuminating: 7 years of heart-stopping volatility with zero capital gains. Secular bears are quite a ride. In the end as always, the price we pay (whether we opt to buy and hold with the optimists at cycle highs or sell and buy near cycle lows with disciplined realists) defines everything about whether capital is gained or lost over each full market cycle.

Source: Cory Venable, CMT, Venable Park Investment Counsel Inc.

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