In Monday’s market update, Stephen Whiteside from *theuptrend.com* reviews pre-market conditions with U.S. index futures slightly lower, crude oil declining, and Bitcoin mixed, while gold hits new all-time highs. He notes that despite recent volatility around the Fed’s interest rate cut, markets have stabilized, with the Nasdaq and VIX showing no immediate warning signals. Major ETFs in Canada and the U.S. continue to reach new highs, supported by strong performance in large-cap stocks, even though many smaller names are lagging.
Gold and mining stocks are leading the charge, with GLD, GDX, XGD, and numerous major miners such as Barrick, Agnico Eagle, and Newmont hitting new highs. The strong upward momentum across the sector suggests no reason for concern heading into the week. Stephen closes by reminding viewers to focus on timing and trend-following, encouraging them to visit *theuptrend.com* for more insights.
Stephen Whiteside
Monday, September 22, 2025
