In this Friday morning market update, Stephen Whiteside from theuptrend.com reviews the latest pre-market activity and weekly trends. Stock index futures, crude oil, and Bitcoin are slightly higher, while gold is sharply lower ahead of key CPI data. He notes that the U.S. market remains range-bound, with several indexes testing previous highs. The VIX is easing but hasn’t triggered a weekly sell signal, suggesting short-term optimism. Crude oil’s rebound has lifted energy stocks, offsetting weakness in gold-related sectors.
Whiteside also highlights individual stock performance within the Magnificent Seven group, including Apple, Amazon, Microsoft, and Tesla, noting several recent buy signals and inside trading days. Shopify continues to strengthen, reaching new closing highs. He closes by emphasizing cautious optimism ahead of the CPI numbers and invites viewers to stay tuned for future market insights through theuptrend.com.
Stephen Whiteside
Friday, October 24, 2025
