An update on the TSX and U.S. markets as Monday brings notable activity. We discuss 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 (TSX:CNQ), are analyzed, with a wave-off of potential buy signals as prices fall in the pre-market.
In the U.S. markets, we highlight strength in stock index futures and discusses a rally in Tesla (NASDAQ:TSLA). We mention NASDAQ targets and expectations for major earnings releases, noting that large-cap stocks are set to benefit from the market's positive trend. We conclude with insights on currency fluctuations, particularly the Canadian and U.S. dollars, and anticipating a volatile day for both markets.
This content was originally posted on the Stock Market Timing YouTube Channel