This chart is the starting point for a valuation discussion
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Resource stocks and banks make-up the bulk of the TSX Index.
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The S&P 500 Index is divided about equally between 10 sectors
https://www.thebalance.com/what-are-the-sectors-and-industries-of-the-sandp-500-3957507
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Percent of stocks above the 200 day moving average is a breadth indicator and is confirming the major uptrend in the S&P 500 Index.
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A long-term chart of the 10 Year Treasury Yield for 1962 to 2017
http://www.macrotrends.net/2016/10-year-treasury-bond-rate-yield-chart
From 1916 to early summer of 2016, the yields on 10 year U.S. treasury notes have varied widely, from a 100 year low in 2016, when the rate fell to less than 2 percent—1.71 percent in June of 2016—to a high for the same 100 year period of 14.59 percent in January 1982.
https://www.thebalance.com/historical-u-s-treasury-yield-charts-417126
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Reference the last chart analysis for WTI based on the weekly chart showing major resistance at $55.00
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Gold will test major resistance at 1375
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Reference my last post for gold when it was testing 1300.