Morning Market Outlook 11282025

In today’s Friday morning market update, Stephen Whiteside reviews the generally bullish pre-market conditions heading into a long weekend, despite unusually light trading volume and technical issues affecting futures data. He highlights the week’s declining volume across major ETFs, notes Oracle’s early weakness, and discusses sector performance for 2025—particularly the strength in gold stocks and continued pressure in U.S. transports and consumer staples. He also explains how various indices have interacted with key moving averages, with many finding support at the 50- or 100-day levels, while Bitcoin continues to struggle below its averages.

On the weekly charts, the major U.S. indices show strong gains, with the Nasdaq 100 up over 4%, semiconductors up 7.7%, and the VIX down over 25%. The Canadian market continues to outperform, led by gold stocks, which are up nearly 10% for the week. Whiteside cautions viewers not to over-interpret the week’s bullish action due to thin holiday volume and reminds them of office closures Monday and Tuesday. He concludes by encouraging viewers to like, comment, and subscribe for more stock market timing insights.

Stephen Whiteside
Friday, November 28, 2025

00:00 — Pre-Market Overview
00:11 — Futures Outage & Early Market Moves
00:25 — S&P 500 & Nasdaq Pre-Market Strength
00:41 — Oracle Weakness in Pre-Market
00:49 — Light Volume Ahead of Long Weekend
01:13 — Nasdaq Volume Decline
01:32 — TSX-60 Volume Decline
01:49 — Profit-Taking Risk Next Week
02:07 — Black Friday Sale & Mailing Notice
02:23 — Office Closure Announcement
02:33 — 2025 Performance Overview
02:49 — Gold Sector Leading in Canada
03:15 — US Sectors Lagging: Transports & Staples
03:32 — Moving Averages as Support & Resistance
03:58 — Consumer Staples Trend Lower
04:23 — Consumer Discretionary Bounce
04:39 — 200-Day Moving Average Significance
04:58 — More Canadian Stocks Above 200-Day
05:17 — TSX-60 Strength vs. US Markets
05:32 — Indices Testing 100-Day Moving Average
05:57 — Bitcoin Below All Moving Averages
06:12 — Russell 2000 Tests 200-Day Support
06:29 — Weekly Chart Review
06:40 — Strong Weekly Gains in US Markets
07:04 — Semiconductors, VIX & TSX Weekly Moves
07:35 — Gold, Oil & Gas Weekly Performance
07:51 — Closing Remarks & Market Outlook
08:02 — Weekend Schedule

Canadian Stock Market Trends 11272025

This morning’s market update highlights a quiet trading session due to U.S. Thanksgiving closures, resulting in sharply reduced volume despite an overall bullish market bias tied to holiday and month-end seasonality. The Canadian market continues to outperform the U.S., supported by strong bank stocks and resilient performance across major sectors. Key indices and sectors are reacting to support levels around major moving averages, with semiconductors, Bitcoin, and several Dow components showing mixed signals. Energy stocks remain strong despite commodity weakness, and the tech sector—led by Shopify—is recovering after recent pullbacks.

Gold and silver markets continue higher, reflecting investor concerns about global economic instability. Gold miners have generally followed this upward trend, with several names making new highs or returning to buy signals. The report also reviews signals across the banking, energy, and mining sectors, emphasizing investor willingness to buy dips and the importance of flypaper channel support. The video closes by noting continued Canadian market strength and encouraging viewers to follow theuptrend.com for more stock market timing insights.

Stephen Whiteside
Thursday, November 27, 2025

00:00 — Welcome & Market Overview
00:20 — Thanksgiving Week Bullish Bias
00:45 — Falling Volume This Week
01:20 — Black Friday Sale Announcement
01:55 — Upcoming Schedule & Site Update
02:15 — 2025 Market Performance Overview
02:45 — 200-Day Moving Average Trends
03:20 — Percentage Above 200-Day: Canada vs U.S.
03:55 — Bitcoin Breakdown & Resistance Levels
04:20 — Semiconductors at Support
04:45 — Dow 30 Stocks Below the 200-Day
05:15 — Microsoft Breakdown & Rebound Attempt
05:50 — Canadian Big Caps vs U.S. Tech Giants
06:20 — Canadian Banks Leading the Market
07:00 — Bank of Montreal & Royal Bank Signals
07:40 — National Bank Targets & Trend Strength
08:25 — National Bank: Not a Trader’s Stock
09:00 — Canadian Energy Sector Overview
09:20 — Crude Oil Seasonality & Recent Peaks
10:10 — Crude Oil Sell Signal & Energy Outlook
10:58 — Canadian Energy Stocks Pull Back
11:04 — Energy Sector Seasonality and Sell Signals
11:10 — Support Levels for Energy Sector
11:19 — Pros Still in Control of Energy Trend
11:27 — No Correlation Between Energy Stocks and Commodities
11:48 — Energy ETF Warning Signals
11:56 — Energy ETF Testing Channel Lines
12:09 — Energy ETF Upside Targets
12:26 — FlyPaper Channel Shows Strong Dip-Buying
12:47 — Energy Sector Still Bullish
12:51 — Sector Leaders Overview
12:56 — Canadian Natural Resources Update
13:06 — CNQ Risk Levels and Volatility
13:17 — Energy Stock Volatility Comparison
13:37 — BayTech Analysis and Sell Signal Level
13:54 — BayTech Upside Targets
14:12 — BayTech Open Gap Discussion
14:26 — BayTech Pros and Dip-Buying Behavior
14:52 — BayTech Volatility and Trader Profile
15:02 — Shopify Dominance in Tech Index
15:22 — Shopify vs Blackberry Comparison
15:40 — Canadian Tech ETF Monthly Outlook
15:49 — Pullback to 200-Day and Recovery
16:02 — Shopify Back on Buy Signal
16:07 — Shopify Chart Mirrors Tech ETF
16:15 — Other Canadian Tech Stocks Overview
16:25 — Constellation Software Status
16:35 — Celestica Trend Update
16:41 — CGI Group on Buy Signal
16:46 — OpenTec Waiting for Buy Signal
16:52 — Descartes Still on Sell Signal
16:57 — Kinaxis Holding Buy Signal
17:04 — Blackberry Still Weak
17:06 — Bitfarms Back on Buy Signal
17:09 — Lightspeed Continues Lower
17:21 — Transition to Mining Sector
17:25 — Gold and Silver Monthly Charts
17:37 — Concern Over Sharp Commodity Rallies
17:48 — Global Shift Away from USD and Precious Metals Buying
18:01 — Rising Precious Metals Could Signal Trouble
18:13 — Gold Stocks Moving With Metals
18:20 — Gold Stock Pullback and Recovery
18:29 — Agnico-Eagle Recent Signals
18:41 — Barrick Outperforming
18:49 — Gold Stock Group Strength
18:55 — Equinox and Franco Nevada Strength
19:03 — IAMGOLD and Kinross Rising
19:10 — B2Gold Weakness and Recovery
19:22 — Pros Regaining Control in B2Gold
19:30 — B2Gold Price Targets
19:48 — B2Gold Gap Fill Potential
20:00 — B2Gold Under and Over FlyPaper Channel
20:22 — Being Bullish Doesn’t Guarantee Success
20:29 — Comparing Agnico-Eagle and Barrick Strength
20:49 — Market Loves Barrick
20:52 — Closing Market Commentary
21:00 — Canadian Market Outpacing US
21:05 — Conservative Banks Supporting Canadian Market
21:09 — Canada May Fall Less in Next Downturn

Morning Market Outlook 11262025

In this morning’s market update, Stephen Whiteside reviews the pre-market action, highlighting strength in stock index futures, gold, and key tech names such as Alphabet, Meta, and Tesla, while Nvidia continues to weaken. He notes the market’s seasonal bullish bias around U.S. Thanksgiving, though low volume and limited activity are expected as many traders take time off. Economic data releases, including jobless claims and new home sales, are also expected to influence the pre-market environment.

Stephen emphasizes the ongoing disconnect between the U.S. economy and the stock market, with consumer confidence continuing to decline even as major tech stocks support index strength. He provides detailed technical analysis of the VIX, the Magnificent Seven, and Bitcoin, noting several potential or recent buy signals. He concludes with reminders about TheUptrend’s Black Friday sale and upcoming holiday schedule.

Stephen Whiteside

Wednesday, November 26, 2025

0:00 Introduction & Pre-Market Overview
0:20 Nvidia Down, Alphabet Leading
0:40 Tesla & Meta Buy Signal Setup
1:00 Economic Reports & Crude Inventory
1:20 Holiday Week Bullish Bias
1:45 Low Volume & Quiet Trading Expected
2:05 Black Friday Sale Announcement
2:30 Holiday Schedule & Office Closure
2:55 Economy vs. Stock Market Disconnect
3:20 Consumer Confidence Breakdown
3:55 VIX Back on Sell Signals
4:20 Magnificent Seven Trends
5:05 Nvidia Support Levels
5:35 Tesla Approaching Buy Signal
5:55 Broadcom Target Levels
6:20 Shopify Buy Signal
6:35 Bitcoin Inside Day
7:00 Hut 8 Buy Signal Potential
7:15 Market Outlook for Today
7:40 Thursday/Friday Market Plans

Morning Market Outlook 11252025

Markets are quiet in the pre-market session, with notable shifts in major tech names as NVIDIA trades lower while Alphabet rises on news it is developing competing chips. AMD is also under pressure. Economic data including retail sales, consumer confidence, and PPI are scheduled for release. With the Thanksgiving holiday ahead, today is effectively the last full trading day of the week, as U.S. markets will close Thursday and operate on a half-day Friday. Broad market indices saw gains Monday, largely driven by big-cap tech stocks, while Bitcoin remains in a downtrend and continues to act as an important indicator of risk appetite.

Across U.S. and Canadian markets, several individual stocks and sectors showed notable performance divergences. Bitfarms has held up better than other Bitcoin-related names like MicroStrategy, Coinbase, and Mara. Broadcom led the S&P 500 with an 11% gain, while Carnival was the day’s major loser. In Canada, Barrick, Kinross, and Shopify were strong performers, while TELUS continues to weaken. Overall, the tone for the week is expected to be quiet, with traders completing most of their activity before the holiday slowdown.

Stephen Whiteside

Tuesday, November 25, 2025

00:00 Morning Market Overview
00:20 Pre-Market Movers: NVIDIA, Alphabet, AMD
00:45 Gold, Crude, Bitcoin Early Action
01:00 Upcoming U.S. Economic Reports (Retail Sales, Confidence, PPI)
01:15 Schedule Update: Office Closed Monday & Tuesday
01:30 Thanksgiving Week Market Schedule
02:00 VIX Update & Market Pressure Eases
02:15 Bitcoin Update & Risk-Tolerance Insight
03:00 Bitcoin ETFs & Bear ETF Profit-Taking
03:40 Bitcoin-Related Stocks: Bitfarms vs. MicroStrategy, MARA, Coinbase
04:15 Stock Comparisons & What to Watch on the Rebound
04:40 Market Recap: Monday’s Positive Session
05:00 Dow Winners & Laggards
05:25 S&P 500 vs Equal-Weighted Performance
05:45 S&P Winners: Broadcom, WDC, Micron
06:05 S&P Laggards: Carnival, Paramount, Copart
06:25 Nasdaq 100 vs Equal-Weighted
06:45 Nasdaq Winners: Marvell, AppLovin, Tesla
07:05 Alphabet vs NVIDIA Chip Competition
07:25 Nasdaq Laggards: Comcast, Starbucks, Cintas
07:40 Canadian Market Overview
08:00 TSX-60 Targets & Top Performers
08:30 TSX Laggards: CNR, TELUS, Others
08:55 TELUS Pattern Breakdown & Sector Comparison
09:25 Vanguard Canada ETF Outlook
09:45 Canadian Stock Highlights: Celestica, Fortuna, Aris Mining
10:10 Canadian Laggards: Maple Leaf, Empire, TFI Reversal
10:30 Final Market Thoughts & Tuesday Open Outlook

Morning Market Outlook 11242025

In this Monday morning update, Stephen reviews the pre-market landscape with stock index futures and crude oil trading higher, while gold and Bitcoin are slightly lower. Alphabet is leading tech higher, though NVIDIA is barely moving. Despite a typically bullish Thanksgiving and month-end bias, Stephen notes the broader market continues to struggle after last week’s volatility, with the Nasdaq 100 breaking October lows and key downside targets in play. The VIX remains on buy signals, and Bitcoin continues lower toward 75,000.

U.S. index ETFs and major sectors mostly remain on sell signals, with some inside days and minor reversals. Canadian markets show relative strength, with financials and energy holding buy signals while gold stocks weaken. Most-active stocks across U.S. and Canadian markets saw new lows or quiet trading, with a few potential trend changes. Stephen concludes expecting early buying Monday but not many new buy signals, and reminds viewers to like, comment, share, and visit theuptrend.com for stock market timing insights.

Stephen Whiteside
Monday, November 24, 2025

00:00 Monday Market Welcome
00:05 Pre-Market Overview
00:22 Tech Leaders: Alphabet & NVIDIA
00:28 Bullish Week & Seasonal Bias
00:52 Nasdaq Breakdown & October Low
01:31 Downside Targets for QQQ
01:38 VIX Still on Buy Signals
02:04 Bitcoin Targets 75,000
02:16 U.S. Index ETFs & Sector Signals
03:13 Canadian Market Holding Steady
03:34 Small Caps, Energy & Financials
03:53 Infotech Sector Update
04:08 U.S. Most Active Stocks
05:02 AMD Gap Risk & Price Targets
05:21 TSX Most Actives Review
06:38 Monday Outlook & Wrap-Up

Morning Market Outlook 11212025

Thursday delivered extreme volatility across North American markets, with major tech stocks — especially NVIDIA — leading the downturn and putting pressure on the broader indices. The S&P 500, Nasdaq, Russell 2000, semiconductors, and financials all approached or generated new sell signals based on Thursday’s close. Bitcoin also continued its sharp decline, breaking key support levels and dragging crypto-related equities lower. While U.S. markets saw heavy selling, the Canadian market held up relatively better thanks to its emphasis on banks and commodities rather than large-cap tech.

A few pockets of strength emerged, notably consumer staples driven by Walmart’s move to the Nasdaq and outperformance in Dollarama. Meanwhile, health care, biotechs, and pharmaceuticals remained stable. Energy reversed onto a sell signal, gold stocks rolled over, and materials, real estate, and cannabis stocks hit new lows. Despite the bearish tone, members using bear ETFs or short positions performed well under the current market conditions.

Stephen Whiteside
Friday, November 21, 2025

Morning Market Outlook 11202025

In this morning’s market update, Stephen Whiteside highlights the strong pre-market performance driven by NVIDIA, noting that the real importance lies in where the stock closes rather than where it opens. He explains how professional traders—not the public—ultimately influence market direction throughout the trading day. He also reviews major U.S. indices, pointing out mixed signals: while big-cap tech names are holding markets up, equal-weighted indices and small caps continue to break down below their October lows.

Stephen then covers the Canadian market, which has been relatively resilient, with strength in energy, financials, and tech. Bitcoin continues to weaken, approaching key support levels, and several crypto-related equities are making new lows. He concludes by emphasizing that today’s market action will hinge on NVIDIA’s closing performance, which should provide direction for the next several days.

Stephen Whiteside
Thursday, November 20, 2025

Morning Market Outlook 11192025

In this morning’s market update, Stephen Whiteside reviews the impact of yesterday’s major Cloudflare outage, pre-market conditions, and the mixed performance across major indices and sectors. He highlights weakness in big-cap tech despite strong performance in energy stocks, rising volatility in the VIX, and ongoing economic concerns reflected in Home Depot, Target, and commercial real-estate delinquency indicators. Precious metals remain mixed, with gold holding onto its buy signal while copper and silver struggle.

The report also covers key earnings events—including NVIDIA’s much-anticipated announcement—and identifies critical support levels for major tech stocks such as Apple, Amazon, Microsoft, Meta, Alphabet, Tesla, and Shopify. Several names are approaching October or November lows, which could trigger additional downside targets if broken. The presentation concludes with a reminder of Thursday’s upcoming update and an invitation for viewers to engage and learn more about stock market timing strategies at theuptrend.com.

Stephen Whiteside
Wednesday, November 19, 2025

Morning Market Outlook 11182025

00:00 — Market Overview & Morning Welcome
00:13 — Premarket Leaders & Laggards
00:22 — Economic Calendar & Nvidia Earnings Ahead
00:35 — What Didn’t Work: Banks Sell Off
00:42 — Home Depot Earnings Drop
00:53 — Bitcoin Weakness & Crypto Stocks
01:14 — Gold & Gold Stocks Near Sell Signals
01:27 — Silver & Silver Miners Turning Lower
01:43 — Trump Media Hits New Lows
02:02 — VIX Update for Major Indexes
02:14 — U.S. Market: Vanguard Total Market ETF Analysis
03:29 — Momentum Divergence & Moving Averages Watch
04:10 — Key Moving Average Levels & Flypaper Channel
04:55 — Canadian Market: Vanguard Canada ETF
05:43 — Downside Targets & Momentum Weakness
06:18 — Canadian Moving Averages & Support Levels
06:44 — TSX Most Actives: Commodities vs Tech
07:04 — Canadian Stocks: CNQ, Enbridge, Synovus, Telus
07:37 — Suncor, B2Gold, Manulife, Baytex
08:23 — Whitecap, Barrick, Bitfarms, Quebecor, Denison
08:51 — U.S. Most Actives: Nvidia Pre-Earnings
09:03 — Opendoor, Tesla, BigBear, Pfizer, SoFi
09:37 — Ford, Plug Power, Intel, Quantum Computing
10:01 — Archer Aviation, Amazon Breakdown, Rivian, Kenview
10:45 — Nio Outlook & Downside Targets
11:18 — Closing Remarks & Tuesday Market Outlook

Morning Market Outlook 11172025

The market opened Monday in a mixed state, with major tech stocks and Bitcoin trading lower while crude oil pushed higher. Upcoming U.S. economic reports, including Fed minutes and jobless claims, may shift market direction. Volatility indexes for major U.S. markets remain on buy signals, indicating nervous options traders. In Canada, several ETFs and sectors—including energy, financials, and gold stocks—saw mixed performance, with energy hitting new highs while tech struggled to hold support.

In the U.S., major index ETFs continued to weaken, with the S&P 500, Nasdaq 100, and Russell 2000 trading near key support levels. Despite intraday reversals Friday, most sectors did not break previous highs, limiting the significance of the bounce. Energy hit its next price target while financials turned negative. The most active stocks list showed broad reversals but few trend changes, with names like Nvidia, Tesla, and Palantir remaining under pressure. The video concludes by emphasizing discipline, trend following, and the importance of timing in navigating volatile markets.

Stephen Whiteside
Monday, November 17, 2025

00:00 Welcome & Market Overview
00:22 Major Tech & Commodities Update
00:30 Upcoming Economic Reports
00:44 VIX Signals & Market Sentiment
01:06 Canadian Indexes & Sectors
01:36 Energy, Financials & Gold Review
01:58 Tech Stocks & Support Levels
02:12 U.S. Market ETF Signals
02:47 S&P 500, Nasdaq & Russell Targets
03:10 Small Caps & Microcaps
03:56 Energy Sector Price Targets
04:13 U.S. Financials, Banks & Gold Stocks
04:39 Semiconductors Update
04:50 TSX Most Active Stocks
05:31 Northland, Bitfarm & Enbridge
05:54 Gold Miners & Uranium Names
06:25 Manulife Breakout Review
06:30 U.S. Most Active Stocks
07:10 Opendoor, Pfizer & Tesla
07:32 SoFi, Plug Power & Bitfarm
07:59 BigBear, Intel & Palantir
08:01 Market Reversal Summary