In this morning’s update, Stephen Whiteside from TheUpTrend.com discusses the unique trading environment on Remembrance Day in Canada and Veterans Day in the U.S., where the bond market is closed, leading to minimal market supervision. With fear levels decreasing, the stock index futures are rising, suggesting support for higher stock prices, though commodities are trending downward.
Stephen analyzes key commodities and stocks, highlighting significant movement in crude oil, natural gas, and metals like copper and gold, as well as fluctuations in major U.S. and Canadian stocks. The TSX is lagging behind the U.S. market, and Stephen observes that while both markets rose last week, the Canadian stocks lack the upward momentum seen in the U.S. market. He also takes a moment to commemorate Remembrance Day and acknowledges those who have served.”
Stephen Whiteside
TheUpTrend.com
Monday, November 11, 2024
