Stephen Whiteside’s June 23, 2026 Morning Market Outlook focused on growing weakness in the technology sector, with pre-market futures pointing sharply lower and the NASDAQ leading the decline. Major technology names including Google, Amazon, Microsoft, and several semiconductor stocks were under pressure, while SpaceX continued its dramatic post-IPO reversal. The presenter highlighted rising market risk, noting that several major indexes and ETFs were likely to generate sell signals if current conditions persisted throughout the trading session.
Beyond technology, the analysis examined key sectors across both U.S. and Canadian markets. Energy stocks remained relatively stable, while financials, gold stocks, and the broader Canadian market appeared vulnerable to new sell signals. Attention was also given to the VIX as an important indicator of market sentiment, with higher volatility levels potentially signaling a broader market downturn. The overall message emphasized caution as investors faced increasing signs of market weakness and trend deterioration.
Stephen Whiteside
Tuesday, June 23, 2026
