• TSX Sell Signals & Tesla Rally: Key Market Moves to Watch This Monday

  • Oct 28 2024
  • Length: 5 mins
  • Podcast

TSX Sell Signals & Tesla Rally: Key Market Moves to Watch This Monday

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  • Summary

  • Stephen Whiteside of TheUpTrend.com provides an update on the TSX and U.S. markets as Monday brings notable activity. He discusses potential sell signals for the TSX 60, energy stocks, and the TSX Global Gold Index, which are impacted by declining crude oil and gold prices. Canadian energy stocks, including Baytex and Canadian Natural Resources, are analyzed, with a wave-off of potential buy signals as prices fall in the pre-market.In the U.S. markets, Stephen highlights strength in stock index futures and discusses a rally in Tesla. He mentions NASDAQ targets and expectations for major earnings releases, noting that large-cap stocks are set to benefit from the market's positive trend. He concludes with insights on currency fluctuations, particularly the Canadian and U.S. dollars, and anticipates a volatile day for both markets.Stephen WhitesideTheUpTrend.comMonday, October 28, 2024 https://theuptrend.com/morning-market-outlook-10282024/

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