In this morning’s update, Stephen Whiteside discusses a quiet premarket session with stock index futures trading above fair value, mixed commodities, and slight gains in Bitcoin. The US markets will close early today due to the Thanksgiving holiday, making it a relatively uneventful trading day. Stephen highlights that month-end typically brings a bullish bias, with automatic money expected to flow into the market next week. He also reminds viewers of TheUpTrend’s Black Friday sale ending tonight, offering 30% discounts on memberships.
Market highlights include US regional banks and Canadian technology leading November gains, while US marijuana stocks and silver miners struggled. Stephen reviews notable stocks, including TD Bank’s promising performance, BCE’s continued underperformance, and Suncor’s mixed signals. He also examines specific opportunities in the TSX and New York markets, emphasizing potential breakouts and support levels. The session concludes with an outlook for a quiet Friday and a reminder to take advantage of current market opportunities and TheUpTrend’s promotional offer.
Stephen Whiteside
TheUpTrend.com
Friday, November 29, 2024
