NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

Key Movements in US & Canadian Markets Amid Inside Day Action

Published 2024-08-09, 08:38 a/m
NDX
-
US2000
-
HG
-
NG
-
GSPTSE
-
VIX
-
MFC
-

The elevated VIX and its implications for market volatility, as well as the performance of key indices like the S&P 500, Nasdaq 100, and Russell 2000. The video also covers the recent movements in bonds, including a drop in bond prices and a rise in high-yield bonds, which have contributed to market gains. Additionally, the performance of commodities, noting an inside day for copper, a bullish close for gold, and a new buy signal for natural gas futures.

The analysis extends to the Canadian market, where the TSX and TSX 60 had varied performances. Key sectors, including financials, energy, and infotech, are examined, with particular attention given to the bearish trends in Manulife (TSX:MFC) and the positive momentum in the telecom sector.

This content was originally posted on the Stock Market Timing YouTube Channel

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.