Toronto, Canada, February 3, 2016 – Learn-To-Trade.com Inc. (www.Learn-To-Trade.com), Toronto’s leading provider of professional stock market trading courses designed to create successful traders on the financial market, reacts to November’s gross domestic product (GDP) data and announces Tuesday, February 16 and Thursday, February 18 as the next dates for its complimentary two-hour stock market trading workshops.
The Canadian economy advanced 0.3% in November. In September, the Canadian economy decreased by 0.5% and reported zero growth in October. November’s gross domestic product (GDP) growth came mostly from increased retail activity and wholesale trade, energy extraction, and manufacturing. (Source: “Gross domestic product by industry, November 2015,” Statistics Canada web site, January 29, 2016; https://statcan.gc.ca/daily-quotidien/160129/dq160129a-eng.htm.)
“The Canadian economy continues to feel the negative effects of low oil and commodity prices that began in late 2014,” says George Karpouzis, co-founder and director of education at Learn-To-Trade.com, Inc. “The overall weak data has led the Bank of Canada to lower its GDP forecast for the fourth quarter to just 0.3%; this is significantly lower than its initial 0.7% forecast. It also sharply lowered its GDP predictions for the first quarter to 0.8% and 1.4% for the second quarter.” (Source: “Monetary Policy Report, January 2016,” Bank of Canada, last accessed January 20, 2016; https://www.bankofcanada.ca/wp-content/uploads/2016/01/mpr-2016-01-20.pdf.)
Karpouzis explains that the Canadian economy fell into a technical recession in the first half of 2015 when GDP fell for two straight quarters. While Canada is no longer in a recession, it is not showing signs of sustainable growth. Low commodity prices and the weak outlook have been hurting the TSX; in the first three weeks of the year, the TSX shed almost 8% of its value.
Despite the downward pressure, there are proven investing strategies investors can use to profit in any market condition. And investors can learn about these strategies at Learn-To-Trade.com’s free stock market trading workshops. The first free two-hour stock market trading workshop will take place on Tuesday, February 16, from 7:00 p.m. until 9:00 p.m. at the Learn to Trade.com Inc. head office at 885 Don Mills Road, Suite 200 in Toronto. The second free workshop will occur on Thursday, February 18 from 7:30 p.m. until 9:30 p.m. at Humber College North Campus, which is located at the corners of Finch Ave. W. and Highway 27.
“Those in attendance will learn strategies that can help investors secure their stock positions against losses, how to rent stocks to others to create monthly cash flow, and speculate on stocks using options,” Karpouzis explains. “They will also learn about trading currencies, stock index markets, and the Learn-To-Trade.com Lifetime Membership.”
Anyone interested in attending the free two-hour Learn-To-Trade.com stock market trading workshop on Tuesday, February 16 or Thursday, February 18 can register online at www.learn-to-trade.com, email info@learn-to-trade.com, call 416-510-5560, or visit the Learn-To-Trade.com offices at 885 Don Mills Road, Suite 200, Toronto.
Learn-To-Trade.com Inc. is the leading provider of stock market training courses in the Greater Toronto Area. Led by licensed, industry professionals, its extensive courses provide its members with the necessary tools to trade financial products in today’s complex and fast-paced markets. Stock trading training courses with Learn-To-Trade.com, Inc. teach investors both basic and advanced stock market investing principles, including how to read and understand stock prices and quotes, fundamental analysis and technical analysis, and various trading strategies. Through its Lifetime Membership, Learn-To-Trade.com Inc. also provides extensive training and knowledge in stock option trading, stock index trading, futures trading, futures option trading, forex trading, risk management, and capital preservation. Members utilize real-time, simulated trading platforms to paper trade until they gain the confidence to make independent market decisions and produce consistently profitable results. As the leading and oldest financial educator in Canada, Learn-To-Trade.com Inc.’s instructors are also educators for the Toronto-Montreal Exchange, through which its instructors host educational sessions for the major banks across Canada.
