The market remains stable with crude oil prices rising and gold prices falling. The VIX has returned to a neutral position, suggesting market steadiness as we approach month's end. FedEx (NYSE:FDX) starts the day on a positive note with expected target achievements based on recent trends. While the transportation sector shows potential signs of reversing its bearish trend due to FedEx's performance, other market sectors like Home Depot (NYSE:HD) and DOW have shown declines. The technology sector, however, displayed resilience with the Nasdaq posting gains. Commodities generally weakened, with notable dips in gold and silver, potentially moving into sell territory. Canadian markets and commodities like crude oil and natural gas showed mixed signals, with some stocks like Cenovus (TSX:CVE) and TC Energy (TSX:TRP) maintaining strong positions.
This content was originally posted on the Stock Market Timing YouTube Channel
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