Crude oil is trading lower, possibly ending the day on a sell signal, while gold is rising, potentially challenging its previous high. The VIX is back on a buy signal, but significant market reactions are unlikely without a breakout above the 200-day moving average. Key indices like the TSX 60, SPY (NYSE:SPY), and Nasdaq 100 are at resistance levels. Financial stocks surged, with Bank of America (NYSE:BAC), Citigroup, JPMorgan (NYSE:JPM), and others reaching new highs. In the Canadian market, banks are lagging but remain on buy signals, with notable activity in National Bank, Royal Bank, and TD Bank (TSX:TD). Insurance companies like Great West, Industrial Alliance, and Sunlife are performing well. The overall sentiment remains positive for financials, with no major warning signals yet.
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