EPISODE · Oct 29, 2024 · 4 MIN
Tuesday’s Market Update: Ford Dips, Energy Weakens, and Commodities Rally!
from Stock Market Timing Television · host Stock Market Timer
In Tuesday's premarket update, Stephen Whiteside from TheUpTrend.com reviews the market's latest moves, with stock index futures trading down while commodities trend higher. He highlights Ford’s 5% dip following earnings and Trump Media’s continued rally. Key stocks like iShares TSX 60, Circle K, and Cameco are discussed, showing mixed performance. Steel Dynamics approaches resistance, while inside days for major indices signal possible consolidation. In the commodity space, energy stocks show weakness, with the TSX Energy ETF and S&P Energy ETF on sell signals, joined by gold and mining stocks GDX and XGD. Stephen also shares that tutorials have been rescheduled due to his recent illness, promising a Wednesday morning update to continue guiding investors. Stephen Whiteside TheUpTrend.com Tuesday, October 29, 2024 https://theuptrend.com/morning-market-outlook-10292024/
What this episode covers
In Tuesday's premarket update, Stephen Whiteside from TheUpTrend.com reviews the market's latest moves, with stock index futures trading down while commodities trend higher. He highlights Ford’s 5% dip following earnings and Trump Media’s continued rally. Key stocks like iShares TSX 60, Circle K, and Cameco are discussed, showing mixed performance. Steel Dynamics approaches resistance, while inside days for major indices signal possible consolidation. In the commodity space, energy stocks show weakness, with the TSX Energy ETF and S&P Energy ETF on sell signals, joined by gold and mining stocks GDX and XGD. Stephen also shares that tutorials have been rescheduled due to his recent illness, promising a Wednesday morning update to continue guiding investors. Stephen Whiteside TheUpTrend.com Tuesday, October 29, 2024 https://theuptrend.com/morning-market-outlook-10292024/
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Tuesday’s Market Update: Ford Dips, Energy Weakens, and Commodities Rally!
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