Investors are being advised by Scotiabank to consider switch trades as the tax-loss selling season approaches. This is due to the fact that there are limited options for tax losses this year, which could lead to increased selling pressure in the market.

This highlights the importance of making strategic trading decisions in a year where the overall market has seen gains, as investors navigate the complexities of tax-loss harvesting.

As a result, certain stocks may continue to face downward pressure leading up to the end of the year.