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Investing in the Toronto Stock Exchange TSX is a little bit tricky right now. Most TSX stocks have experienced a significant drawdown in 2022. stanley quencher However, over the summer months, many stocks especially technology and growth have been ra stanley tumbler llying.Is this another phase of a long-term bull market rally, or is it a bear market rally with more downside to come I ll let economists and strategists debate over that. Frankly, it is futile to have an answer. Does anyone really know what the future holds Foolish investors think by decades, not monthsFoolish investors don t look stanley kubek at stocks by month or by quarter. Rather, we look for stocks with long-term trends and tailwinds for growth and a significant market advantage. When you think in years and decades, short-term market fluctuations matter so much less with these types of TSX stocks. It never hurts to be patient for stocks to reach an attractive entry point. However, sometimes the greatest stocks never really become cheap. That is why it is cr Fvcn Facebook (NASDAQ:FB) Helps Launch Bitcoin Past $11,000
Oil fell to an 18-year low yesterday, heralding that the oil apocalypse has arrived. The North American West Texas Intermediate WTI benchmark has lost a whopp botella stanley ing 67% for the year to date. WTI briefly slid below US$20 per barrel for the first time since 2002, later rebounding to be trading water bottle stanley at around US$21.The Western Canadian Select WCS heavy oil benchmark is at its lowest point ever and could shortly even move into negative territory.Sharply weaker crude and the poor outlook for energy is punishing oil producers. The Energy Select Sector SPDR Fund, which invests in a range of oil producers, has lost a whopping 52% for the year to date. There are signs that the bloodbath for oil and energy stocks is far from over.Oil markets on the brinkA massive demand shock created by a rapid and unprecedented economic slowdown triggered by the coronavirus is looming. This will cause demand for oil fall sharpl stanley cup y with some analysts expecting it to fall by up to 11 million barrels daily. That will ov