In today’s market update, Stephen Whiteside from TheUpTrend.com reports a quiet pre-market session with stock index futures flat and no major economic news before the open. While the U.S. market struggles to sustain recent gains, the Canadian market has been leading but showed a weak bearish reversal signal on Tuesday. Key sectors such as consumer staples, real estate, and healthcare remain under pressure, while micro-cap stocks, particularly in mining, gold, and energy, have been performing well.
Commodities saw notable movement, with copper and gold stocks maintaining buy signals, while silver experienced fluctuations. The energy sector remains strong, with crude oil and gasoline on buy signals, but natural gas has pulled back. Market sentiment appears to have stalled after a brief bounce, with no signs of aggressive selling but also a lack of strong buying momentum.
Stephen Whiteside
Wednesday, March 26, 2025
