Morning Market Outlook 06132025

This Friday morning market update focuses on the heightened volatility triggered by Israel’s overnight attack on Iran, which caused stock index futures to drop and energy prices to spike. Stephen Whiteside explains that while Wednesday’s bearish reversal signals technically remain valid, the primary action today is in the energy sector, with gasoline prices jumping and crude oil up nearly 8% premarket. He advises viewers to fill up their tanks before gas stations adjust prices higher and highlights key price levels for crude oil and major energy ETFs.

Gold is modestly higher, with some reversals back to buy signals for notable gold stocks like Agnico Eagle and Kinross. Despite strength in commodities, the TSX and major index ETFs face selling pressure, although the situation is stabilizing from overnight lows. The VIX and related ETFs are moving higher and could end the day on new buy signals, suggesting continued caution. Whiteside wraps up by encouraging viewers to monitor closing levels

Stephen Whiteside

Friday, June 13, 2025

Morning Market Outlook 06122025

Thursday’s market update from Stephen Whiteside at TheUpTrend.com highlights a significant bearish reversal on Wednesday, where many stocks not only reversed direction but closed below the previous day’s lows—amplifying the negative signal. While the Dow is down in premarket trading, it remains within its average true range, meaning the move is not yet considered significant. Boeing is under pressure following a crash in India, down over 7% premarket, and potentially triggering a new sell signal by day’s end. Whiteside also breaks down volatility levels across major indices and high-profile stocks like Nvidia and Tesla, noting that elevated average true ranges often correlate with more expensive options premiums.

In commodities, crude oil spiked 4.68% on Wednesday while natural gas continued to lag. Gold is up premarket and may break out of its recent trading channel, platinum rallied to a new high, and silver pulled back slightly. In mining stocks, GDX remains on a buy signal, while TSX-listed gold and silver miners showed mixed results. On the stock performance front, Dollarama and Warner Brothers were the day’s winners, while Amazon, Intel, and Tim Hortons lagged. The video closes with a reminder to monitor upcoming economic reports (jobless claims and PPI), and emphasizes the value of timing and trend-following in today’s volatile market.

Stephen Whiteside

Thursday, June 12, 2025

Morning Market Outlook 06112025

In Wednesday morning’s update, Stephen Whiteside from TheUpTrend.com reviewed the premarket activity ahead of major economic announcements expected at 8:30 AM, which could influence market direction. Despite stock index futures being slightly below fair value, key indicators like the VIX remained stable. He noted that the S&P 500, NASDAQ, and Russell 2000 continue to hold their current trends. The TSX 60 drifted higher with standout performances from Circle K and Baytech. U.S. stocks like Nike and Intel showed notable gains, with Intel surging nearly 8%. The S&P 500 ETF broke above the $600 level, suggesting bullish momentum.

In commodities, crude oil and gasoline traded higher in the premarket, while natural gas reversed onto a sell signal. Canadian and U.S. energy stocks closed higher, with Canadian gold stocks rolling over into a sell signal. Meanwhile, the GDX held its position and silver experienced mild profit-taking without triggering new sell signals. The market remains cautious but steady ahead of the morning’s economic data. Stephen closed by reminding viewers of the importance of timing in market strategies and encouraged them to visit TheUpTrend.com for more tools and insights.

Stephen Whiteside

Wednesday, June 11, 2025

Morning Market Outlook 06102025

In Tuesday morning’s stock market update, Stephen Whiteside from TheUpTrend.com reported a quiet start to the trading day, with stock index futures slightly below fair value and commodities trading mixed. He noted no major economic news expected until Wednesday, and highlighted sector performance from Monday, where semiconductors outperformed in the U.S. and base metals led in Canada. Notable stock movers included Cameco, Endeavour Silver, Boeing, and Enphase Energy, with the latter continuing its downtrend despite a temporary bounce.

Bitcoin made headlines by returning to a buy signal as of Monday’s close, with major Bitcoin ETFs flipping bullish and bear ETFs moving to sell signals. Stephen reviewed price targets for Bitcoin and discussed key crypto stocks like Bit Digital, Coinbase, Galaxy, and MicroStrategy, many of which have also returned to buy signals. He emphasized the importance of timing and trend-following, closing the video with an invitation to viewers to like, share, and subscribe for more actionable market insights.

Stephen Whiteside

Tuesday, June 10, 2025

Morning Market Outlook 06092025

In Monday’s pre-market update, Stephen Whiteside from TheUpTrend.com highlights a mixed open for stock index futures and commodities, with gold slightly down and crude oil slightly up. No major economic events are expected until Wednesday, so early week trading may remain quiet. Robinhood, which surged recently, pulled back after being excluded from the S&P 500, but remains above its sell signal level. VIX levels for the S&P 500, Nasdaq, and Russell are closely watched, as any buy signals in the VIX would be bearish for stocks. Key levels to watch are outlined for ETFs including the TSX 60, SPY, and QQQ.

The video also analyzes Friday’s most active stocks including Tesla, Nvidia, Palantir, and American Airlines, with updates on existing signals and targets. Canadian stocks like CNQ, Suncor, Ivanhoe, and Enbridge are reviewed with a focus on energy sector underperformance and technical setups. Crude oil seasonality and support/resistance levels across several sectors are discussed. The session closes with encouragement to subscribe, like, and share for more insights into stock market timing strategies.

Stephen Whiteside

Monday, June 9, 2025

Protect Your Portfolio 06082025.

In this weekend’s Protect Your Portfolio, Stephen Whiteside reviews week 23, highlighting a bullish performance in North American markets, especially driven by chip and large-cap tech stocks. While cautious on the U.S. market overall, Stephen points to seasonal patterns such as the anticipated summer rally and discusses supportive indicators like the VIX’s decline and specific seasonal trade setups that historically perform well from late June through July. The bond market remains weak, which could be a concern if yields continue to rise.

Stephen also reviews key index and sector charts, noting strength in the Canadian market, which is outperforming the U.S. market. The TSX 60, semiconductors, and microcaps all show bullish behavior, while some sectors like financials and gold stocks face resistance. Despite recent rallies, he remains cautious, especially given mixed signals on investor sentiment and resistance levels. He advises against using margin and continues to monitor for confirmed trend changes.

Stephen Whiteside

Sunday, June 8, 2025

Morning Market Outlook 06062025

Friday morning’s premarket activity showed stock index futures trading above fair value, hinting at early buying interest. However, the release of non-farm payroll numbers at 8:30 AM had the potential to change market direction. Thursday was dominated by Tesla, which saw a sharp decline, triggering a sell signal for the Magnificent 7 ETF. Despite the sell signal, premarket strength in Tesla and other Magnificent Seven stocks on Friday morning suggests traders should wait before exiting positions. Bitcoin mirrored Tesla’s behavior, dropping Thursday but rebounding Friday morning.

Weekly charts show broad market strength: the TSX hit new all-time highs, the NASDAQ 100 led with nearly a 1% gain—driven by semiconductors—and the Russell 2000 advanced 1.5%. Crude oil and gold moved higher, with bonds also gaining and yields declining, a supportive backdrop for equities. The VIX remains neutral, offering no clear signal. Several major indexes hit price targets, and among the Magnificent Nine, Microsoft, Nvidia, and Meta made new highs, while Apple and Alphabet approached new buy signals. Tesla remains weak, though Friday’s premarket buying indicates some bargain hunting.

Stephen Whiteside

Friday, June 6, 2025

Morning Market Outlook 06052025

In Thursday’s premarket update, Stephen Whiteside from TheUpTrend.com noted that U.S. futures were quiet ahead of jobless claims data, which could shift market momentum. The VIX remains bullish but flat, signaling uncertainty, while major indexes like the S&P 500 and Nasdaq hover near resistance levels without significant breakthroughs. Semiconductors led gains, helping the Nasdaq, but broader markets showed muted movement.

Canadian markets also saw mixed results. NovaGold was a standout with a 24% gain, while Gildan Activewear and other TSX names remained on sell signals. Energy stocks retreated following inventory data, and U.S. most actives included strong showings from Applied Digital and Nvidia. Despite some buy signals emerging, many stocks continue trading sideways. Traders are watching closely for a breakout as volatility compresses.

Stephen Whiteside

Thursday, June 5, 2025

Morning Market Outlook 06042025

In Wednesday morning’s update, Stephen Whiteside from TheUpTrend.com noted a quiet but positive start to the day with stock index futures, commodities, and Bitcoin all trading modestly higher. There were no major economic reports at the open, but upcoming ADP employment numbers and oil inventory data could influence market direction later. The VIX remains subdued, suggesting a lack of fear among options traders.

Major indices like the TSX 60, Dow, S&P 500, and Nasdaq ETFs are testing key resistance levels. Sectors like semiconductors, copper miners, gold, silver, and energy are seeing mixed performance, with many remaining on buy signals. Energy stocks, in particular, saw a lift as oil, gasoline, and natural gas moved higher. Among major stocks, Nvidia hit a new high while Alphabet turned bearish. The video closes with a reminder of the importance of market timing and trend-following strategies.

Stephen Whiteside

Wednesday, June 4, 2025

Morning Market Outlook 06032025

In today’s video, Stephen Whiteside from TheUptrend.com provides an update on market movements, including slight declines in stock index futures and mixed commodities. He discusses rising energy prices, such as crude oil and natural gas, and highlights significant shifts in stock sectors like gold, silver, and energy. He also offers insights into major stocks like Constellation Energy and Meta, which are seeing notable gains, and gives a forecast for ETFs related to the TSX and Vanguard Canada.

Whiteside explains that despite some sell signals for stocks like Synovus, Suncor, and Bitcoin ETFs, the market remains largely bullish. He reviews key factors like bond yields, the US Dollar’s performance, and cryptocurrency market trends. He concludes by emphasizing the importance of stock market timing and staying aligned with the trend for investment success. Whiteside also reminds viewers to engage with the channel by liking, commenting, and subscribing for more stock insights.

Stephen Whiteside

Tuesday, June 3, 2025