Markets are under heavy pressure this Friday morning, with stock index futures, commodities, and Bitcoin all selling off sharply in the pre-market. Several major U.S. and Canadian indices have slipped back into their channels or onto new sell signals, including the TSX-60, S&P 500, and Russell 2000. Bitcoin has fallen back below 100,000, and Tesla is leading the declines with significant pre-market losses. Weekly charts show mixed performance: silver and natural gas are strong, while crude oil remains weak. Many major equities—including NVIDIA, Meta, Alphabet, and Tesla—are either testing last week’s lows or generating new sell signals.
Canadian banks remain relatively stable overall, though certain names like BMO, Royal Bank, and TD are struggling to break out. The VIX appears to be forming a bullish higher low pattern, and the speaker continues to hold a long position in VIX ETFs. The Magnificent Seven ETF remains on a sell signal, with key stocks like Amazon and Meta breaking down toward lower price targets. Shopify is trending lower toward major support levels aligned with moving averages and open price gaps. With volatility rising and no meaningful attempts to rally the markets yesterday, Friday is expected to bring aggressive selling and potentially significant bearish chart patterns across sectors.
Stephen Whiteside
Friday, November 14, 2025
00:00 Friday Market Overview
00:14 Tesla Leads Pre-Market Selloff
00:26 Reversal in TSX-60 and DOW
00:38 Major U.S. Indices Back on Sell Signals
00:58 Bitcoin Breaks Below 100,000
01:15 Weekly Charts: Gold, Silver, Crude, Natural Gas
01:55 Inside Week for S&P 500, Nasdaq & Semiconductors
02:26 Russell 2000 Back on Weekly Sell Signal
02:36 TSX Makes New High
02:45 NVIDIA Inside Week
03:04 VIX Forms Higher Low
03:36 Canadian Banks Update
04:01 Royal Bank & TD Struggle at Resistance
04:48 Laurentian Bank Update
04:56 Magnificent Seven Overview
05:01 Apple, Amazon & Alphabet Signals
05:26 Meta Weakens Toward 600
05:54 Microsoft & NVIDIA Outlook
06:16 Tesla Breakdown Toward 375
06:42 Broadcom Testing September Lows
07:14 Shopify Targets & Moving Averages
08:03 Shopify Open Gap Target
08:19 Friday Market Outlook & Volatility
08:40 Closing Remarks & Weekend Notes
