In this weekend’s edition of *Protect Your Portfolio*, Stephen Whiteside from TheUpTrend.com reviews the current state of the markets with a focus on ETFs, the VIX, and broader market conditions. The VIX remains on a sell signal both daily and weekly, keeping the market in a bullish stance for now. However, Stephen warns that while stocks remain elevated, valuations are stretched, and history suggests that markets tend to rise slowly but can fall sharply, like an elevator drop.
Highlights from the week include strength in U.S. microcaps and marijuana stocks, driven by expectations of Fed rate cuts. In Canada, small caps outperformed while energy and Infotech pulled back. Bitcoin and Ethereum showed reversal patterns but still closed higher, while commodities such as oil, gold, and silver showed mixed signals. Overall, the market remains bullish heading into Monday, but investors should remain cautious as key resistance levels approach and overvaluation risks persist.
Stephen Whiteside
Sunday, August 17, 2025
