In today’s premarket update, Stephen Whiteside from TheUpTrend.com discusses how Taiwan Semiconductor’s 8% premarket surge could help erase recent semiconductor sector losses. He also highlights Netflix’s upcoming earnings report after hours, noting the stock’s recent pullback and second day of a sell signal.
Stephen reviews key market movements, including the rise in crude oil benefiting the transportation sector, the steady performance of major indexes like the TSX 60 and S&P 500, and notable stocks such as Apple, Boeing, and Canadian Natural Resources. He also discusses the resilience of the insurance sector and provides insights into the week’s major stock signals.
Stephen Whiteside
TheUpTrend.com
Thursday, October 17, 2024
