Gold Drops, Oil Jumps: What Traders Must Watch Today
In today’s morning market outlook, Stephen Whiteside highlights weakness in stock index futures ahead of jobless claims, alongside a sharp rally in crude oil and a drop in gold. The TSX continues to show relative strength, while the S&P 500 and NASDAQ remain just below breakout levels after hitting resistance near their 200-day moving averages.
Energy stocks may rebound as oil rises, while metals and gold stocks could pull back after recent gains. The video closes with reminders about watching pre-market confirmation of signals and following the trend when timing the stock market.
Stephen Whiteside
Thursday, April 2, 2026
