Markets are looking to stabilize midweek after a sharp reversal, with buying interest returning across futures, commodities, and crypto. NVIDIA earnings dominate the focus, as the stock sits on a buy signal but faces overhead resistance. AMD shows upside potential toward a gap target, while Workday breaks below projected support levels, pointing to further downside risk.
Canada’s TSX hit a record close, supported in part by the energy sector, though enthusiasm appears to be slowing. Several major Canadian energy stocks are trading near upper projected targets and panic zone extremes, suggesting higher risk conditions. With volatility indicators still on buy signals, traders are watching key channel levels closely.
Stephen Whiteside
Wednesday, February 25, 2026
