This morning’s market update highlights a quiet trading session due to U.S. Thanksgiving closures, resulting in sharply reduced volume despite an overall bullish market bias tied to holiday and month-end seasonality. The Canadian market continues to outperform the U.S., supported by strong bank stocks and resilient performance across major sectors. Key indices and sectors are reacting to support levels around major moving averages, with semiconductors, Bitcoin, and several Dow components showing mixed signals. Energy stocks remain strong despite commodity weakness, and the tech sector—led by Shopify—is recovering after recent pullbacks.
Gold and silver markets continue higher, reflecting investor concerns about global economic instability. Gold miners have generally followed this upward trend, with several names making new highs or returning to buy signals. The report also reviews signals across the banking, energy, and mining sectors, emphasizing investor willingness to buy dips and the importance of flypaper channel support. The video closes by noting continued Canadian market strength and encouraging viewers to follow theuptrend.com for more stock market timing insights.
Stephen Whiteside
Thursday, November 27, 2025
00:00 — Welcome & Market Overview
00:20 — Thanksgiving Week Bullish Bias
00:45 — Falling Volume This Week
01:20 — Black Friday Sale Announcement
01:55 — Upcoming Schedule & Site Update
02:15 — 2025 Market Performance Overview
02:45 — 200-Day Moving Average Trends
03:20 — Percentage Above 200-Day: Canada vs U.S.
03:55 — Bitcoin Breakdown & Resistance Levels
04:20 — Semiconductors at Support
04:45 — Dow 30 Stocks Below the 200-Day
05:15 — Microsoft Breakdown & Rebound Attempt
05:50 — Canadian Big Caps vs U.S. Tech Giants
06:20 — Canadian Banks Leading the Market
07:00 — Bank of Montreal & Royal Bank Signals
07:40 — National Bank Targets & Trend Strength
08:25 — National Bank: Not a Trader’s Stock
09:00 — Canadian Energy Sector Overview
09:20 — Crude Oil Seasonality & Recent Peaks
10:10 — Crude Oil Sell Signal & Energy Outlook
10:58 — Canadian Energy Stocks Pull Back
11:04 — Energy Sector Seasonality and Sell Signals
11:10 — Support Levels for Energy Sector
11:19 — Pros Still in Control of Energy Trend
11:27 — No Correlation Between Energy Stocks and Commodities
11:48 — Energy ETF Warning Signals
11:56 — Energy ETF Testing Channel Lines
12:09 — Energy ETF Upside Targets
12:26 — FlyPaper Channel Shows Strong Dip-Buying
12:47 — Energy Sector Still Bullish
12:51 — Sector Leaders Overview
12:56 — Canadian Natural Resources Update
13:06 — CNQ Risk Levels and Volatility
13:17 — Energy Stock Volatility Comparison
13:37 — BayTech Analysis and Sell Signal Level
13:54 — BayTech Upside Targets
14:12 — BayTech Open Gap Discussion
14:26 — BayTech Pros and Dip-Buying Behavior
14:52 — BayTech Volatility and Trader Profile
15:02 — Shopify Dominance in Tech Index
15:22 — Shopify vs Blackberry Comparison
15:40 — Canadian Tech ETF Monthly Outlook
15:49 — Pullback to 200-Day and Recovery
16:02 — Shopify Back on Buy Signal
16:07 — Shopify Chart Mirrors Tech ETF
16:15 — Other Canadian Tech Stocks Overview
16:25 — Constellation Software Status
16:35 — Celestica Trend Update
16:41 — CGI Group on Buy Signal
16:46 — OpenTec Waiting for Buy Signal
16:52 — Descartes Still on Sell Signal
16:57 — Kinaxis Holding Buy Signal
17:04 — Blackberry Still Weak
17:06 — Bitfarms Back on Buy Signal
17:09 — Lightspeed Continues Lower
17:21 — Transition to Mining Sector
17:25 — Gold and Silver Monthly Charts
17:37 — Concern Over Sharp Commodity Rallies
17:48 — Global Shift Away from USD and Precious Metals Buying
18:01 — Rising Precious Metals Could Signal Trouble
18:13 — Gold Stocks Moving With Metals
18:20 — Gold Stock Pullback and Recovery
18:29 — Agnico-Eagle Recent Signals
18:41 — Barrick Outperforming
18:49 — Gold Stock Group Strength
18:55 — Equinox and Franco Nevada Strength
19:03 — IAMGOLD and Kinross Rising
19:10 — B2Gold Weakness and Recovery
19:22 — Pros Regaining Control in B2Gold
19:30 — B2Gold Price Targets
19:48 — B2Gold Gap Fill Potential
20:00 — B2Gold Under and Over FlyPaper Channel
20:22 — Being Bullish Doesn’t Guarantee Success
20:29 — Comparing Agnico-Eagle and Barrick Strength
20:49 — Market Loves Barrick
20:52 — Closing Market Commentary
21:00 — Canadian Market Outpacing US
21:05 — Conservative Banks Supporting Canadian Market
21:09 — Canada May Fall Less in Next Downturn
