Morning Market Outlook 03282024

Welcome to the last trading day of the month and the quarter, with markets closed for the upcoming Easter holiday on Friday. Thepre-market activity appears quiet, with stock index futures trading around fair value and commodities like crude oil and gold showing an increase. Review weekly charts, we see the VIX still on a weekly sell signal, and slight gains in major indices including the Dow, S&P 500, NASDAQ 100 and the TSX 60. Additionally, we highlight the marijuana sector as the best performer for the week, particularly focusing on Canopy Growth's notable increase. It does look like the big tech stocks have run out of steam coming into quarter end. We look at Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, Shopify, and Tesla. We also take a look at the top-performing stocks in March across various indices, such as Kinross, New Gold, 3M, Micron, Dexcon, and Krispy Kreme. Stephen Whiteside TheUpTrend.com Thursday, March 28, 2024 https://theuptrend.com/morning-market-outlook-03282024/