In Tuesday’s Morning Market Outlook, Stephen Whiteside reviews pre-market activity showing stock index futures and crude oil higher, while gold and Bitcoin trade lower. Bitcoin dropped roughly $3,000 overnight. Monday’s session saw strength in metal-related sectors including gold, silver, copper, and mining stocks, while crypto, software, cybersecurity, digital payments, banks, and cloud stocks led the market lower. Despite selling pressure, the VIX did not spike aggressively.
Crude oil is testing key resistance near 64.06, with 65.63 as the next upside target. Gold and silver are back on buy signals, while copper remains on a sell signal. U.S. markets continue to show weakness, with the Dow and S&P 500 on sell signals and financials making new lows. In contrast, Canadian markets remain relatively strong, with the TSX-60 hitting new highs and gold stocks leading gains.
Stephen Whiteside
Tuesday, February 24, 2026
