In Wednesday morning’s stock market update, Stephen Whiteside from theuptrend.com highlights positive momentum in the pre-market with Nasdaq futures trading higher, largely driven by Apple and Google. Gold continues to push to new highs, silver approaches its next target, and mining stocks across the board are seeing gains. Crude oil shows a minor pullback, while natural gas remains on a buy signal but awaits stronger confirmation from professional traders.
The presentation also reviews sector performance and key ETFs, including the TSX, Dow, S&P 500, and Nasdaq. While some indices remain on buy signals, others are showing weakness, with stocks like Nike and Kraft Heinz struggling. Despite short-term volatility in the VIX and energy, the overall tone suggests strength in tech and precious metals leading the market midweek.
Stephen Whiteside
Wednesday, September 3, 2025
