Stephen Whiteside’s February 27th market outlook highlights a weak start to the final trading day of the month, despite the typical bullish bias. Stock index futures and Bitcoin are lower in pre-market trading, while commodities like gold and crude oil are rising — a potential positive for Canadian markets. NVIDIA reversed sharply after a pre-market rally, losing professional support and returning to a sell signal.
Weekly charts show modest gains in major indices, with strength in gold stocks and financials, while semiconductors weaken. The TSX remains strong with professionals in control, unlike the Nasdaq where institutional leadership has been absent. With the VIX showing signs of potential seasonal strength into March, investors may be preparing for increased volatility.
Stephen Whiteside
Friday, February 27, 2026
