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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

In Wednesday morning’s market update, Stephen Whiteside highlights early pre-market strength in the Nasdaq and S&P 500, largely driven by Oracle’s strong after-hours performance. He discusses the impact of upcoming economic data, including the Producer Price Index and crude oil inventories, while reviewing notable moves in tech stocks, ETFs, and futures contracts. Whiteside also explains why leveraged ETFs don’t always perfectly match the daily performance of their underlying indexes, emphasizing that buyer and seller demand at the close affects short-term pricing.

The update further reviews sector activity, noting new sell signals across transports and airlines while Canadian banks and energy stocks showed fresh buy signals. Crude oil and gasoline prices are sitting near potential breakouts, while metals and bonds continue to show mixed signals. Whiteside concludes by stressing the importance of market timing, encouraging viewers to follow trends for better decision-making, and reminding them to stay connected through TheUpTrend.com for ongoing insights.

Stephen Whiteside

Wednesday, September 10, 2025

In Tuesday’s pre-market update, Stephen Whiteside from TheUpTrend.com highlights quiet trading across global markets, with stock index futures, commodities, and Bitcoin slightly higher. The VIX, often called the fear index, continues to show indecision, and traders are watching closely for a breakout that could signal the stock market’s next move. Gold reached key price targets while silver and crude oil consolidated, with natural gas showing strength and potential for further gains.

In equities, both Canadian and U.S. markets experienced inside days with little directional movement. Gold miners hit new highs, while semiconductors showed selective strength, with Marvell and Broadcom leading. Whiteside emphasized the importance of watching for breakouts above or below Friday’s range to determine the market’s next trend direction, reminding viewers that timing and trend-following remain critical for successful stock market strategies.

Stephen Whiteside

Tuesday, September 9, 2025

In today’s market update, Stephen Whiteside from theuptrend.com reviews early Monday trading conditions. Stock index futures and commodities opened slightly higher, with Bitcoin trading under pressure but still within range of a potential buy signal. The VIX remains subdued, though a breakout above resistance could trigger selloffs in the broader market. Meanwhile, key stocks like Coinbase, Mara, and MicroStrategy are closely watched for buy signal confirmations.

Turning to commodities, gold and silver continue to push higher, with miners in both metals sectors hitting fresh highs. Copper is holding its gains, while crude oil and gasoline slipped back onto sell signals, testing critical support levels. The energy sector also weakened, with Canadian Natural Resources and ExxonMobil both rolling over into sell signals. Overall, equities showed a modestly positive tone, while commodities presented a mixed picture — strength in metals, weakness in energy.

Stephen Whiteside

Monday, September 8, 2025

In Friday morning’s market update, Stephen Whiteside from theuptrend.com highlighted mixed pre-market futures as investors awaited key economic numbers at 8:30 a.m. With the Fed’s rate decision looming later in September, speculation is building around whether lower rates will benefit small and mid-cap stocks reliant on borrowing. Meanwhile, gold surged more than $90 on the week, crude oil remained steady, and natural gas showed signs of a potential bottom, sparking interest for a possible rally similar to late 2024.

Major indices, including the S&P 500, Nasdaq, and TSX, flashed new buy signals, though Stephen cautioned against aggressive entries at elevated levels. Stocks in focus included Broadcom, which jumped on earnings, and Lululemon, which tumbled in pre-market trading. U.S. and Canadian bank stocks reached new highs, while energy names continued holding buy signals. Stephen closed by reminding traders to stay cautious amid upcoming volatility, cover shorts, and avoid overcommitting ahead of uncertain market conditions.

Stephen Whiteside

Friday, September 5, 2025

In today’s market update, Stephen Whiteside from theuptrend.com reviews Thursday morning’s trading environment. Stock index futures were mixed, while commodities and cryptocurrencies were trending lower. Key economic data included U.S. jobless claims and energy inventories. Apple and Alphabet both posted strong gains, with Alphabet jumping nearly 10%, pushing the Magnificent Seven ETF back onto a buy signal. However, Stephen cautions that these moves come at the top of the “panic zones,” making them high-risk opportunities heading into September.

Beyond tech, Canadian resource sectors led the TSX to new highs, with gold and silver miners showing exceptional strength, and copper maintaining its uptrend. U.S. and Canadian financials diverged, semiconductors remained under pressure, and energy stocks weakened on both sides of the border. Stephen also highlighted the VIX, noting it is approaching a critical point, with potential for a breakout that could shift market sentiment. He concluded with caution, reminding investors that timing and trend-following are essential to navigate current volatility.

Stephen Whiteside

Thursday, September 4, 2025

In Wednesday morning’s stock market update, Stephen Whiteside from theuptrend.com highlights positive momentum in the pre-market with Nasdaq futures trading higher, largely driven by Apple and Google. Gold continues to push to new highs, silver approaches its next target, and mining stocks across the board are seeing gains. Crude oil shows a minor pullback, while natural gas remains on a buy signal but awaits stronger confirmation from professional traders.

The presentation also reviews sector performance and key ETFs, including the TSX, Dow, S&P 500, and Nasdaq. While some indices remain on buy signals, others are showing weakness, with stocks like Nike and Kraft Heinz struggling. Despite short-term volatility in the VIX and energy, the overall tone suggests strength in tech and precious metals leading the market midweek.

Stephen Whiteside

Wednesday, September 3, 2025

In Tuesday’s stock market update, Stephen Whiteside from theuptrend.com reviews the latest market trends and signals following the long weekend. He highlights early weakness in stock index futures, particularly in the tech sector, while noting that September often proves to be a difficult month for investors. The discussion covers the VIX’s positioning, with options traders showing caution, as well as key sell signals emerging in major tech names like NVIDIA, Meta, and Microsoft.

Whiteside also analyzes moves across commodities and sectors, including strength in gold, silver, and energy, along with notable trading levels in Bitcoin and copper. He reviews performance in both U.S. and Canadian most active stocks, identifying key support and resistance points. The overall outlook suggests potential selling pressure ahead, despite areas of strength in commodities and energy stocks.

Stephen Whiteside

Tuesday, September 2, 2025

In Friday morning’s update, Stephen Whiteside from TheUpTrend.com reviewed the market ahead of a three-day weekend. Stock index futures were trading lower, with Dell dragging markets and inflation numbers pending. NVIDIA remained the focus, holding above key support despite options traders anticipating more volatility. Canadian banks were mixed, with CIBC hitting new highs while TD Bank reversed sharply. The VIX remained calm, but a breakout above resistance could signal a market shift.

Elsewhere, Bitcoin slipped while Ethereum stayed on a buy signal, with critical support levels in play. Marijuana ETFs once again demonstrated high volatility compared to broader markets. Several U.S. and Canadian most-active stocks were highlighted, including Tesla, Intel, TD Bank, and Canopy Growth, with key breakout and resistance levels noted. Overall, the session was expected to be quiet after inflation data, with many traders stepping aside before the long weekend.

Stephen Whiteside

Friday, August 29, 2025

In Thursday morning’s update, Stephen Whiteside from TheUpTrend.com reviewed pre-market activity, noting mixed index futures and upcoming economic data releases like GDP and jobless claims. He highlighted the market’s bullish bias heading into month-end and a long weekend, while focusing on NVIDIA’s earnings and key price levels that could trigger a sell signal. Canadian banks posted strong earnings with the exception of National Bank, while U.S. banks also showed strength.

The update also covered Bitcoin, which remains on a sell signal despite a longer-term uptrend, along with related crypto stocks showing mixed results. Commodities were reviewed with crude oil and silver still on buy signals, while natural gas showed renewed strength. The presentation closed with a reminder of key economic data at 8:30 and the importance of timing the market.

Stephen Whiteside

Thursday, August 28, 2025