Bitcoin nears a historic $100,000 level, driving global market attention as commodities like gold and crude oil show mixed performance. Weekly trends for major indices, including the S&P 500 and Nasdaq, remain steady, reflecting no significant trend changes despite notable moves in energy and natural gas sectors.
Stephen Whiteside highlights sector-specific signals, noting how Spirit Airlines continues its long-term downtrend while other stocks like Nvidia and Tesla show nuanced behavior tied to market psychology. He also covers commodities, with Canadian gold stocks and natural gas gaining momentum, while silver and its miners remain subdued.
Stephen Whiteside
TheUpTrend.com
Friday, November 22, 2024
