The Toronto Stock Exchange Was A Market Divided Today

The Gemini team discusses the Bill Cara Toronto Stock Exchange Daily Pulse Report from December 17, 2025, which provides a detailed technical and quantitative analysis of 208 instruments on the TSX. The report concludes that the market is polarized and transitional, characterized as a “stock picker’s market” with strong sector-specific divergences rather than broad momentum. Using the INSTAT System, the analysis identifies cohorts of Strong Bulls like Fairfax Financial and Severe Bears such as BCE Inc., with recommendations to focus on theme-driven opportunities in gold and financials. Extreme short-term volatility is linked to specific events, including Quipt Home Medical’s acquisition news causing a surge and Galaxy Digital’s price target revision leading to a sharp drop. Overall, Bill’s report advises highly selective investing, avoiding technically broken stocks, and focusing on high-conviction names.