In today’s stock market update, Stephen Whiteside from TheUpTrend.com reports that stock index futures and gold are trading lower, while crude oil and natural gas are moving higher. Monday’s trading saw inside days across major US indices, indicating market indecision. The US dollar index moved up, while bond yields saw slight gains. Bitcoin remains range-bound between 93.75 and 106.25, awaiting a breakout. Among sectors, energy is back on a buy signal, while utilities and real estate hold steady. Financials and healthcare show signs of weakness, and consumer discretionary remains on a sell signal.
In Canada, major indices surged, led by energy and materials. Gold and copper saw strong gains, while silver lagged. Crude oil nears a buy signal, and natural gas remains bullish. Whiteside emphasizes the importance of market timing, urging viewers to stay informed. He closes with a reminder to like, comment, share, and subscribe for more updates.
Stephen Whiteside
TheUpTrend.com
Tuesday, February 11, 2025
