Stephen Whiteside reviews the market outlook for Monday, June 29, highlighting a shortened holiday week and month-end trading conditions that historically favor a modest bullish bias. Stock index futures are pointing higher, led by the NASDAQ, while crude oil is higher and precious metals are weaker. Despite the positive start, the VIX remains in a neutral range, major indexes are showing mixed signals, and the overall market continues to lack a strong trend.
The presentation also examines sector leadership, commodities, currencies, and individual stocks. Stephen discusses weakness in gold, silver, energy, and semiconductors while noting strength in cloud computing, software, Shopify, BlackBerry, and Microsoft. He concludes by reviewing Bitcoin and Ethereum, emphasizing disciplined risk management, price targets, and the importance of following market trends rather than emotions.
