Author: admin

In today’s pre-market update, Stephen Whiteside from theuptrend.com highlights a quiet open with gold slightly lower, crude oil pushing higher, and Bitcoin modestly up. He reviews the Fed Chairman’s recent comments that sparked volatility, along with upcoming reports on new home sales and energy inventories. Crude oil and energy stocks are in focus, with Halliburton, Torbelline, and Vermilion leading gains, while uranium stocks like Cameco and Energy Fuels also surged.

The TSX briefly touched 30,000 before reversing, though no strong follow-through to the downside has been confirmed. Whiteside reviews the VIX, ETFs, and the “Magnificent Seven” tech stocks, noting new sell signals in Amazon, Meta, and Shopify, while Tesla and Microsoft are close to breakdown levels. Despite Tuesday’s reversal, the lack of strong downside momentum is seen as bullish if it continues.

Stephen Whiteside

Wednesday, September 24, 2025

In this morning’s update, Stephen Whiteside from *theuptrend.com* reviews market conditions ahead of Tuesday’s open. Futures were quiet, with gold hitting a new all-time high and silver also gaining. Gold and silver stocks led the Canadian market higher, while Bitcoin and Ethereum slipped back onto sell signals. The VIX edged up but remained below key resistance levels, showing no major shift in volatility expectations.

Across major U.S. indexes, the Dow, S&P 500, and Nasdaq 100 all made new closing highs. Leaders included Apple, Nvidia, IBM, Teradyne, Oracle, Applied Materials, Constellation Energy, Lamb Research, and Synopsys. On the downside, Procter & Gamble, 3M, Amazon, Kenvue, Match, Dr. Pepper, Intel, and Microstrategy weakened. In Canada, Barrick, Kinross, Brookfield, Endeavor Silver, First Majestic, and Finning posted strong gains, while Constellation Software, Loblaws, Goeasy, and Richie Brothers lagged.

Stephen Whiteside

Tuesday, September 23, 2025

In Monday’s market update, Stephen Whiteside from *theuptrend.com* reviews pre-market conditions with U.S. index futures slightly lower, crude oil declining, and Bitcoin mixed, while gold hits new all-time highs. He notes that despite recent volatility around the Fed’s interest rate cut, markets have stabilized, with the Nasdaq and VIX showing no immediate warning signals. Major ETFs in Canada and the U.S. continue to reach new highs, supported by strong performance in large-cap stocks, even though many smaller names are lagging.

Gold and mining stocks are leading the charge, with GLD, GDX, XGD, and numerous major miners such as Barrick, Agnico Eagle, and Newmont hitting new highs. The strong upward momentum across the sector suggests no reason for concern heading into the week. Stephen closes by reminding viewers to focus on timing and trend-following, encouraging them to visit *theuptrend.com* for more insights.

Stephen Whiteside

Monday, September 22, 2025

In this Friday morning market update, Stephen Whiteside from theuptrend.com reviews weekly charts to provide a broader perspective beyond daily fluctuations. Bitcoin is up but not yet on a buy signal, the U.S. dollar index may be forming a double bottom, and gold remains in an uptrend despite a small pullback. Bonds and crude oil continue to consolidate, supporting overall market strength. Major U.S. indices, including the Dow, S&P 500, Nasdaq, and TSX, all hit new all-time highs this week with no signs of weakness.

Looking closer at daily action, Stephen highlights the impact of triple witching day, Intel’s 22% surge, and Thomson Reuters’ decline. While many Dow stocks are still on sell signals, big-cap tech leaders within the Magnificent Seven are driving indices higher. Stocks like Alphabet and Meta are making new highs, while Apple, Amazon, Microsoft, and Tesla face resistance levels. Shopify continues to climb toward breakout targets. Stephen concludes by reminding viewers of the importance of market timing and invites them to subscribe for further weekly insights.

Stephen Whiteside

Friday, September 19, 2025

In Thursday’s pre-market update, Stephen Whiteside from *theuptrend.com* highlighted bullish sentiment following the Fed meeting, with stock index futures trading higher led by the Russell 2000. Despite volatile swings after the Fed announcement, overall market direction showed little change. Key areas of focus included the U.S. Dollar Index, bonds, gold, crude oil, and Bitcoin, all of which had only minor adjustments by the close. Regional banks led gains, while copper was the notable loser, and the VIX remains neutral without signs of professional buying.

Looking at major ETFs, Canadian markets saw only slight movement, with financials and banks hitting new highs while gold and tech stocks experienced pullbacks. In the U.S., volatility was high across indices, particularly in small caps and microcaps, though no major trend shifts occurred. Sector-wise, consumer discretionary continued higher, consumer staples edged toward a buy signal, and homebuilders generated a new sell signal. Real estate stocks dipped slightly but stayed on a buy. Overall, while volatility was elevated, no significant trend changes emerged, and pre-market trading suggests potential new all-time highs.

Stephen Whiteside

Thursday, September 18, 2025

In this morning’s update, Stephen Whiteside reviews the market environment ahead of the Federal Reserve’s announcement. September has been unusually bullish, with the Nasdaq and Composite indices pushing toward key price targets. The VIX has generated buy signals, but as history shows, most signals fail during bull markets. Stephen emphasizes patience, noting that volatility usually spikes after the Fed press conference, and that he’ll be away from the keyboard during the event.

He also analyzes the U.S. and Canadian Most Active stocks. Standouts include Bitfarms, which jumped over 16% in the U.S. and 17% in Canada, along with notable moves in Opendoor, Snap, NVIDIA, NIO, Tesla, and Canadian energy stocks like Cenovus, Whitecap, and Suncor. He reminds viewers that VIX ETFs are short-term trading vehicles, best sold quickly after spikes, and closes with a reminder to follow market timing strategies and visit theuptrend.com for more resources.

Stephen Whiteside

Wednesday, September 17, 2025

In Tuesday’s morning market update, Stephen Whiteside from theuptrend.com highlights a quiet pre-market session ahead of the Fed meeting, with retail sales data due at 8:30. Monday’s winners included metals and mining stocks, silver miners, and Tesla, while U.S. insurance stocks struggled at key resistance levels. Bond yields hit new lows, currencies showed mixed signals, and the Canadian and Australian dollars strengthened.

Among ETFs, the TSX-60 saw gains from Cameco, OpenText, and Shopify, while Loblaws lagged. U.S. markets were steady, with Apple returning to a buy signal, Amazon testing resistance, and the S&P 500 and Nasdaq 100 both hitting new highs, led by storage and semiconductor stocks. With gold and semiconductors also strong, markets remain in a holding pattern ahead of Wednesday’s Fed decision.

Stephen Whiteside

Tuesday, September 16, 2025

In today’s market update, Stephen Whiteside from theuptrend.com noted that U.S. stock index futures were quiet ahead of a major week for traders. The focus is on Wednesday’s Federal Reserve announcement and Friday’s triple witching, both of which could spark volatility. Tesla remains a standout, continuing its sharp pre-market rally. Meanwhile, the VIX shows no significant fear in the market, keeping sentiment relatively calm.

Stephen also reviewed commodities and sector performance. U.S. energy ETFs remain weak, with natural gas and gasoline on sell signals, while Canadian energy stocks show mixed signals despite some new highs. Metals were stronger, with copper and gold holding buy signals, and several gold and silver miners hitting new highs. Overall, the market appears stable heading into Monday’s open, but traders should prepare for potential turbulence midweek.

Stephen Whiteside

Monday, September 15, 2025

In today’s market update, Stephen Whiteside from theuptrend.com highlights a quiet pre-market session with no major economic releases. Investors are watching consumer sentiment numbers and the Baker Hughes rig count, which has been declining sharply, reflecting layoffs and contraction in the energy sector. Weekly charts show strength across sectors, with semiconductors and gold stocks leading gains. Canadian markets are up modestly, while financials continue to climb, and volatility remains subdued with the VIX showing no signs of concern.

On the U.S. side, the Dow, S&P 500, and Nasdaq all posted strong sessions, with standout performances from 3M, Warner Brothers Discovery, and Synopsys. Tesla, Nvidia, and Bitfarms advanced, while Netflix and Boeing slipped back onto sell signals. Commodities showed mixed trends: crude oil is range-bound, natural gas under pressure, gold steady, and coffee trending higher. Bitcoin returned to a buy signal, while Ethereum held steady. Overall, market sentiment heading into Friday’s open looks stable with no major warning signs.

Stephen Whiteside

Friday, September 12, 2025

In today’s update, Stephen Whiteside from TheUpTrend.com reflects briefly on the significance of September 11th before shifting focus to the financial markets. He notes strength in stock index futures during the pre-market, with commodities weaker and Bitcoin showing signs of life. While optimism continues around a potential Fed rate cut, Stephen highlights the risk of a turning point when the official announcement arrives. The VIX remains subdued, keeping the broader outlook bullish for now.

Across sectors, Canadian markets posted new highs with Cenovus and Teck leading gains, while Constellation Software lagged. In the U.S., Oracle surged sharply outside its expected range, while Salesforce and Synopsys disappointed. Broadcom shone in the Nasdaq 100, while The Trade Desk and small caps pulled back. Bonds rallied, yields fell, and Bitcoin looks poised for a potential buy signal, with Ethereum stuck in consolidation. Investors are watching key economic numbers at 8:30 for the next market catalyst.

Stephen Whiteside

Thursday, September 11, 2025