From pullback to correction risk, the concerns in the market continue to grow.

Stock Market Outlook for March 30, 2026

From pullback to correction risk, the concerns in the market continue to grow.

Real Time Economic Calendar provided by Investing.com.

*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities. As always, the use of technical and fundamental analysis is encouraged in order to fine tune entry and exit points to average seasonal trends.

Stocks Entering Period of Seasonal Strength Today:

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Stock Highlight:

Tectonic Metals Inc (TSXV:TECT.V) Seasonal Chart

Optimal holding period from March 29th to June 17th
This mineral exploration company saw large jump in its shares in January amidst a high-grade gold discovery in Alaska, producing a bull-flag pattern on the chart of the stock; flag portion of the pattern now maturing.
Stop loss appropriate below January 26th weekly candlestick at $1.40
Company is still unprofitable and should be treated as highly speculative

Caesars Entertainment, Inc. (NASD:CZR) Seasonal Chart

Meta Platforms, Inc. (NASD:META) Seasonal Chart

Service Corp. (NYSE:SCI) Seasonal Chart

AerCap Holdings NV (NYSE:AER) Seasonal Chart

NN, Inc. (NASD:NNBR) Seasonal Chart

Airgain, Inc. (NASD:AIRG) Seasonal Chart

Summit Midstream Corporation (NYSE:SMC) Seasonal Chart

Tectonic Metals Inc (TSXV:TECT.V) Seasonal Chart

Dawson Geophysical Co. (NASD:DWSN) Seasonal Chart

Key Tronic Corp. (NASD:KTCC) Seasonal Chart

Keyera Corp (TSE:KEY.TO) Seasonal Chart

Calian Group Ltd. (TSE:CGY.TO) Seasonal Chart

Silicon Motion Technology Corp. ADS (NASD:SIMO) Seasonal Chart

Pason Systems, Inc. (TSE:PSI.TO) Seasonal Chart

Disclaimer: Comments and opinions offered in this report are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered is believed to be accurate, but is not guaranteed.

The Markets

Stocks destabilized again on Friday as the rise in the price of Oil continues to weigh heavy in investor psyches. The S&P 500 Index closed down by 1.67%, moving below the lower limit of the declining trend channel that has been playing out over the past month. The decline is becoming parabolic, highlighting the indiscriminate de-risking that traders are enacting given the uncertainty that surrounds the conflict in Iran. The benchmark is below all major daily moving averages, unable to derive any type of support, and is relying heavily on headlines that remain unpredictable. The benchmark is back into oversold territory with the Relative Strength Index (RSI) below 30, typically a state that coincides with selling exhaustion, albeit within bear market trends. The benchmark is rapidly gravitating towards previous horizontal resistance from early in 2025 at 6100, a hurdle that is now around 250 points away (as of Friday’s lows). As highlighted on Thursday, while the short-term technicals present renewed concern and the longer-term technical profile of the market has become threatening, we still have a focus on the near-term positivity in equity markets heading into the seasonally strong period during the month of April. In the Seasonal Advantage Portfolio that we manage for clients at CastleMoore, we rotated away from our low volatility posture and added to risk exposure a week ago for the seasonally strong window that runs through the next three to five weeks. The conflict in Iran remains a wildcard and we are running down our cues that would warrant a more defensive posture in risk assets, but the net of all developments following Thursday’s and Friday’s action between technicals, fundamentals, and seasonals for the near-term continue to provide the edge to an upside bias. Various investment houses are attesting to the same suggesting a near-term skew based on the risk of the next social media post from the president unleashing a short-covering wave that would be inappropriate to get negative in front of. Subscribers can view the themes in our chart books to either Accumulate or Avoid that we continue to gear portfolios towards.

Today, in our Market Outlook to subscribers, we discuss the following:

Market Breakdown: From Pullback to Correction Risk

Oversold… But No Indications of Bottoming (yet)

Positioning: Staying Risk-On (Tactically)

Oil: The Core Market Driver

Structural Shift: Warning Signals Are Triggering

Technology: Still a Major Drag

Crypto: A Leading Indicator Continues to Flash Red

Seasonal & Cycle Context: Playing Out

Consumer: A Growing Concern

Credit Markets: Early Warning Signs

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On Thursday, we had the pleasure of presenting to the Canadian Association for Technical Analysis (CATA), speaking on what we are observing in the market according to our process and how to use seasonality to find investment opportunities. The video replay can be viewed through their site at https://www.canadianata.ca/ or subscribers to our service can view the slide deck in the chart database at https://charts.equityclock.com/featured/cata-presentation-march-2026.