• Good morning, everyone, and welcome to Tuesday morning. .
• It's Stephen Whiteside here from theuptrend. .
• com. .
• In the pre-market this morning, things are fairly quiet out there. .
• Stock index futures trading right around fair value. .
• We do have consumer confidence coming out .
• later this morning, and that could add some volatility to the markets. .
• Looking at the VIX, the VIX is still on a sell signal here. .
• Inside day yesterday. .
• Of course, inside day is a day of .
• indecision, so the market generally had a pause day. .
• Fairly quiet trading Starting for the Dow, for the S&P 500, and for the Nasdaq 100. .
• We continue to see interest in the .
• mid-caps and small-cap stocks right now, which is a healthy sign for the market. .
• Well, hopefully that will continue over time. .
• Now, looking We did the Canadian market, it was fairly quiet on Monday. .
• We did see a pullback for the TSX and the .
• TSX-60, but we did not close below the previous day's low. .
• Mid-caps and small-caps had an inside day, .
• while the Venture Exchange actually closed higher on the day, so no trend there. .
• We're still on a buy signal for the venture exchange. .
• What worked on Monday, while InfoTech and .
• Energy were the big winners, utilities, real estate were the losers, with .
• utilities being the biggest loser of the day. .
• Looking at InfoTech, we're still on a sell signal here. .
• It would be helpful if we could get .
• Shopify to get back on a buy signal, but we do have Bitfarm with a big reversal day .
• yesterday, shooting right back up to the previous There's highs. .
• Celestica made a new high on Monday, no change there. .
• Inside day for Docebo with a small pullback. .
• Then we saw a new high for CGI before closing lower on the day. .
• No joy for Lightspeed, and unfortunately, no joy for Opentext. .
• Moving on to the energy sector. .
• Energy stocks made a new high for this move on Monday. .
• Athabasca made a new high. .
• We've got Birchcliff just treading water at the moment, still on a buy signal here. .
• We saw a Bayek close higher by five cents on Monday. .
• Looking at Crescent Point, we added nine cents. .
• And then looking at Cenovus, Cenovus was .
• up 15 cents on the day with a new closing high for this move. .
• And We're going to be looking at White Cap .
• and Inside Day on Monday, no change in trend. .
• Now, we've got Canadian banks releasing .
• earnings this week, and we're getting some today. .
• The financial sector hit a new high yesterday before pulling back. .
• That had a lot to do with With Canadian .
• banks pulling back, we're sitting right on the upper channel .
• line there, so not a very strong sector at the moment. .
• We've got Bank of Montreal closing in the channel. .
• We've got Bank of Nova Scotia closing in .
• the channel, so those two Could certainly generate sell signals here. .
• Little more interest in CIBC and the National Bank, but not by much. .
• The Royal Bank still treading water here. .
• Yes, we're technically on a buy signal, .
• but closing right under the upper channel line. .
• So again, the Royal Bank has not been trending for a couple of months now. .
• And then looking at the TD Bank, once .
• again, we've got a bank closing in the channel. .
• So we're setting ourselves up here for some sell signals in the banking sector. .
• Last up, let's take a look at the gold mining stocks. .
• And gold miners had an inside day on Monday, so there's something hopeful. .
• And we do have the price of gold up in the pre-market on Tuesday morning. .
• Inside day for Barrick on Monday, new low .
• for B2Gold, and then just a sample of a silver stock, Wheaton Precious Metals, new .
• closing low, and a new low for this move for Wheaton. .
• Okay, folks, that is all for this morning's presentation. .
• So far, it looks like we're going to have a fairly quiet open at 9:30. .
• Have a great day. .
• Next time, you'll hear my voices on .
• Wednesday morning, and at that time, we'll take a closer look at the US stock market. .