Author: admin

Stephen Whiteside’s June 12, 2026 market outlook highlights a cautiously bullish pre-market environment, with stock index futures trading higher while investors await a breakout from Tuesday’s trading range. Market attention is focused on the highly anticipated SpaceX IPO, though the lack of trading history limits technical analysis opportunities. Commodities are mixed, with crude oil weakness helping support equities and gold showing pre-market strength.

From a technical perspective, major U.S. indexes remain range-bound, while semiconductors continue to lead market performance with strong weekly gains. Small-cap and mid-cap stocks generated fresh buy signals, Canadian financials reached new highs, and real estate stocks showed continued strength. Most commodity sectors, including gold, silver, copper, uranium, and energy, remain on sell signals, reinforcing the current preference for equities over resource-based investments.

Stephen Whiteside

Friday, June 12, 2026

Stephen Whiteside’s June 11, 2026 market outlook highlights a cautiously bearish environment despite stronger pre-market futures. Gold continued its breakdown below both the 200-day moving average and the March lows, reinforcing the ongoing bear trend in precious metals. Major market indexes, including the NASDAQ, Dow, TSX 60, and Vanguard Total Market ETF, posted inside days, signaling indecision and leaving traders focused on whether prices break above Wednesday’s highs or below Tuesday’s lows.

Sector performance showed energy leading while materials remained the weakest group in both Canada and the United States. Financial stocks remain an important area to watch, as they continue to show relative strength despite broader market weakness. Technology and semiconductor stocks mostly traded in narrow ranges, while the VIX remained elevated on a buy signal and cryptocurrencies were largely unchanged. Investors are awaiting inflation and jobless claims data for potential market direction, although recent trading has been driven more by AI-related stocks than economic reports.

Stephen Whiteside
Thursday, June 11, 2026

Tuesday’s trading session confirmed the market’s bearish bias following Monday’s inside day. Major indexes broke below Friday’s lows, triggering further downside movement, while the NASDAQ reached its next downside target before bouncing. The VIX moved above a key resistance level intraday, cryptocurrencies weakened, and commodities remained under pressure, with gold continuing its decline and crude oil showing only modest strength in the pre-market.

Sector performance was mixed, with home builders leading while semiconductors lagged. Energy stocks generated sell signals on both sides of the border, gold stocks continued making new lows, and several major stocks, including Apple and Tesla, remained under pressure. With CPI data and U.S. oil inventories scheduled for release, the market’s next move will likely depend on incoming economic data and whether key support levels can hold.

Stephen Whiteside
Wednesday, June 10, 2026

Good morning,

Unfortunately, due to technical difficulties, I am unable to post a video this morning.

While Friday was a tough day for the stock market, it certainly wasn’t unexpected. At this point, it remains a one-day event. We need to see additional negative price action before we can confidently call it a trend.

The VIX spiked to 21.88 on Friday. As I’ve mentioned previously, I believed the VIX would need to break above this level before the overall tone of the market changed. Despite Friday’s move, the VIX Bull ETFs remain on sell signals.

As the VIX moved sharply higher, the broader market moved lower. Friday’s trading action generated a significant number of new sell signals across the major indexes. The TSX 60 and the Dow 30 managed to hold up reasonably well, while most other major indexes generated sell signals.

At the same time, futures are pointing higher on Monday morning.

There is absolutely nothing wrong with sitting on your hands this morning. If you’re overly bearish, you may want to use this rally to sell into strength. If you’re overly bullish, check your symbols in the pre-market just before the open and see if they have moved back into the Right Side Channel. If they have, I would still be inclined to sit on my hands and wait for additional confirmation. Patience is a perfectly reasonable strategy this morning.

Personally, I’ll likely be doing a combination of both.

As I write this, NASDAQ 100 Futures are up 469.80 points. I’ll be watching closely to see if the market can retrace more than 50% of Friday’s losses. For the NASDAQ 100, that level comes in at 730.87 points. So far, we’re nowhere near that number.

That’s all for now.

Stephen Whiteside

Monday, June 8, 2026

Stephen Whiteside reviewed the final trading day of the week by analyzing weekly charts across major North American markets. The TSX led performance by reaching a new high, supported by strong gains in the energy and financial sectors. U.S. markets showed mixed results, with the Dow Jones posting a new high while the S&P 500 and NASDAQ lagged. Volatility remained subdued, with the VIX continuing to trade below key resistance levels.

The video also highlighted strength in semiconductors and crude oil, while gold remained largely unchanged. Bitcoin continued to weaken, testing key psychological support near $60,000. Among major technology stocks, Broadcom generated a new sell signal, Meta returned to a buy signal, and Nvidia remained under pressure despite recovering from intraday weakness. Overall, the market remains focused on AI and data center themes rather than traditional economic data.

Stephen Whiteside
Friday, June 5, 2026

The market outlook for June 4, 2026, points to growing weakness in the technology sector, with the NASDAQ under pressure in pre-market trading while the Dow is being supported by strength in IBM and Walmart. Broadcom is experiencing a sharp decline, adding to concerns about large-cap tech stocks. While jobless claims are scheduled for release, recent economic data has had limited influence on market direction. The VIX remains on a sell signal, which continues to support higher stock prices, although that situation could change quickly.

Energy remains one of the strongest areas of the market, with crude oil, energy stocks, and related ETFs generating buy signals in both Canada and the United States. Meanwhile, financials, silver miners, several technology names, and selected international markets are showing signs of weakness. The presentation highlights key price targets, potential sell signals, and areas where traders should remain cautious as the market navigates a possible rotation away from technology and toward energy-related investments.

Stephen Whiteside
Thursday, June 4, 2026

Stephen Whiteside’s June 3rd market outlook highlighted a relatively quiet pre-market session with mixed stock index futures and commodities. Crude oil continued to strengthen near the $100 level, supporting bullish momentum in energy stocks, while gold traded lower. The video emphasized that semiconductors led the market higher on Tuesday, while cryptocurrencies experienced significant weakness, with Bitcoin and Ethereum both breaking lower support levels and inverse crypto ETFs moving higher.

The analysis also focused on sector rotation and key technical levels across Canadian and U.S. markets. In Canada, energy, financials, and materials showed leadership, while U.S. utilities, industrials, and semiconductors posted strong gains. Several major stocks including BlackBerry, Hewlett-Packard, Marvell, Plug Power, and Supermicro reached new highs, while Google, Intel, and crypto-related assets struggled. The presentation reinforced the importance of trend-following and technical signals for navigating current market conditions.

Stephen Whiteside
Wednesday, June 3, 2026

Stephen Whiteside’s June 2nd market outlook highlights a mixed pre-market environment with major technology names continuing to dominate investor attention. Hewlett-Packard Enterprise and Marvell are both surging sharply higher ahead of the open, while broader index futures remain slightly below fair value. Cloud computing led market gains in the previous session, while gold stocks underperformed. The VIX remains subdued, supporting bullish momentum despite ongoing sector rotation.

The presentation also focused heavily on changing technical signals across key sectors and stocks. Several financials, regional banks, consumer discretionary names, and pharmaceutical stocks shifted to sell signals, while Nvidia returned to a buy signal and Shopify continued pushing toward higher price targets. Whiteside also discussed weakness in Bitcoin and Ethereum, mixed commodity performance, and the importance of using weekly charts when tracking overseas ETFs such as India’s Nifty 50 due to increased market volatility and price gaps.

Stephen Whiteside
Tuesday, June 2, 2026