Markets are quiet in the pre-market session, with notable shifts in major tech names as NVIDIA trades lower while Alphabet rises on news it is developing competing chips. AMD is also under pressure. Economic data including retail sales, consumer confidence, and PPI are scheduled for release. With the Thanksgiving holiday ahead, today is effectively the last full trading day of the week, as U.S. markets will close Thursday and operate on a half-day Friday. Broad market indices saw gains Monday, largely driven by big-cap tech stocks, while Bitcoin remains in a downtrend and continues to act as an important indicator of risk appetite.
Across U.S. and Canadian markets, several individual stocks and sectors showed notable performance divergences. Bitfarms has held up better than other Bitcoin-related names like MicroStrategy, Coinbase, and Mara. Broadcom led the S&P 500 with an 11% gain, while Carnival was the day’s major loser. In Canada, Barrick, Kinross, and Shopify were strong performers, while TELUS continues to weaken. Overall, the tone for the week is expected to be quiet, with traders completing most of their activity before the holiday slowdown.
Stephen Whiteside
Tuesday, November 25, 2025
00:00 Morning Market Overview
00:20 Pre-Market Movers: NVIDIA, Alphabet, AMD
00:45 Gold, Crude, Bitcoin Early Action
01:00 Upcoming U.S. Economic Reports (Retail Sales, Confidence, PPI)
01:15 Schedule Update: Office Closed Monday & Tuesday
01:30 Thanksgiving Week Market Schedule
02:00 VIX Update & Market Pressure Eases
02:15 Bitcoin Update & Risk-Tolerance Insight
03:00 Bitcoin ETFs & Bear ETF Profit-Taking
03:40 Bitcoin-Related Stocks: Bitfarms vs. MicroStrategy, MARA, Coinbase
04:15 Stock Comparisons & What to Watch on the Rebound
04:40 Market Recap: Monday’s Positive Session
05:00 Dow Winners & Laggards
05:25 S&P 500 vs Equal-Weighted Performance
05:45 S&P Winners: Broadcom, WDC, Micron
06:05 S&P Laggards: Carnival, Paramount, Copart
06:25 Nasdaq 100 vs Equal-Weighted
06:45 Nasdaq Winners: Marvell, AppLovin, Tesla
07:05 Alphabet vs NVIDIA Chip Competition
07:25 Nasdaq Laggards: Comcast, Starbucks, Cintas
07:40 Canadian Market Overview
08:00 TSX-60 Targets & Top Performers
08:30 TSX Laggards: CNR, TELUS, Others
08:55 TELUS Pattern Breakdown & Sector Comparison
09:25 Vanguard Canada ETF Outlook
09:45 Canadian Stock Highlights: Celestica, Fortuna, Aris Mining
10:10 Canadian Laggards: Maple Leaf, Empire, TFI Reversal
10:30 Final Market Thoughts & Tuesday Open Outlook
