text: First off the TSX index is a leading indicator.  Generally the performance of the market is tied to what The Street thinks 6 months forward.  Today’s news was baked into the market weeks ago. 
  
  But even if you just consider current news consider these points, NAFTA talks aren’t going well and neither are the softwood lumber negotiations.  The Can$ has been weak over the last month as well. 
  
  If you look at the combined results of the current earnings season, they are mixed to negative. 
  
  https://beta.theglobeandmail.com/globe-investor/investment-ideas/research-reports/tsx-earnings-scorecard-how-third-quarter-results-have-fared-so-far/article36824699/
  
  Yes, the price of oil is a positive but it needs to hold or get better going into next year before we see positives on the market. 
  
  As for me, I’m buying today on sectors that have been beaten down as of late. (Yes, not everything is up)
  
  I hope you don’t base your investment decisions on today’s news. You need a long term outlook.