In the US market, Wednesday saw relatively subdued activity. However, a notable trend persists: traders continue to exhibit exaggerated reactions to earnings reports.
Meanwhile, in the Canadian market, Wednesday brought heightened volatility, spurred by investor disappointment in Shopify (TSX:SHOP)'s earnings results.
It's worth noting that the S&P 500's level of 5200 remains a significant psychological barrier for many traders.
Don't forget to check out today's video for further insights. I'll be back tomorrow morning to delve deeper into the commodity sectors.
This content was originally posted on the Stock Market Timing YouTube Channel