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Stephen Whiteside from TheUpTrend.com provides a comprehensive Friday morning market update ahead of a long weekend in Canada. Despite lighter trading volumes, major indices are showing gains with the S&P 500 up 4.54% and the NASDAQ up over 6% for the week. While some Dow 30 stocks, such as Boeing, Disney, and Goldman Sachs, are showing strong performance, nearly half of the Dow 30 stocks are struggling to break through resistance, including Apple, Amgen, and Verizon. Stephen advises caution, recommending half positions as the market remains overbought.

The energy sector is experiencing a pullback, with key stocks like Enbridge, White Cap, and Canadian Natural Resources facing sell signals. Meanwhile, Nvidia, Tesla, and Lucid are highlighted as some of the most active stocks, with notable moves in both directions. Stephen concludes by reminding viewers of the importance of stock market timing and invites them to visit TheUpTrend.com for further insights.

Stephen Whiteside

Friday, May 16, 2025

TheUpTrend.com provides a comprehensive overview of market activity, focusing on key stock movements and economic events. He highlights Boeing’s major order, Walmart’s potential buy signal, and Footlocker’s acquisition. Additionally, Whiteside reviews market pullbacks in major indices, the performance of Magnificent Seven stocks, and upcoming economic data releases that could influence Thursday’s trading.

Stephen Whiteside

Thursday, May 15, 2025

Today’s Morning Market Outlook from Stephen Whiteside of TheUpTrend.com provides a comprehensive overview of the stock market, focusing on the Dow 30 and the Magnificent Nine stocks. Whiteside discusses the market’s reaction to the latest earnings reports, crude oil inventory data, and the performance of key stocks such as UnitedHealthcare, Amazon, Broadcom, Meta, Microsoft, Nvidia, Shopify, Tesla, Celestica, and Palantir. He highlights notable price targets, daily and weekly sell signals, and the potential for further gains or losses based on technical analysis.

The report also underscores the importance of market timing, noting significant moves in the NASDAQ 100, particularly among big-cap tech stocks. Despite positive momentum in many sectors, several Dow 30 stocks remain on daily sell signals, reflecting a mixed market environment. Whiteside concludes with a reminder to visit TheUpTrend.com for more insights on how to effectively time the stock market.

Stephen Whiteside

Wednesday, May 14, 2025

Stephen Whiteside from TheUpTrend.com provides a comprehensive overview of Tuesday morning’s market activity, highlighting key economic data releases scheduled for 8:30 AM that could impact stock index futures. Monday’s trading saw major indices gapping higher, with Amazon and Shopify leading gains while gold stocks like Newmont and Agnico Eagle experienced sell signals.

In the commodities sector, crude oil and gasoline exhibited bearish reversals, while natural gas remained stable. Precious metals like gold, palladium, and silver displayed mixed trends, with silver trading within a volatile range. Whiteside advises caution, noting that Monday’s market surge may have been a reaction high to China’s temporary tariff

Stephen Whiteside

Tuesday, May 13, 2025

Stephen Whiteside from TheUpTrend.com reports that US-China trade talks have accelerated, leading to a strong market rally on Monday morning. Stock index futures are up sharply, with the Dow climbing over a thousand points and the Nasdaq up over 800 points. Key economic data releases are expected on Tuesday and Thursday, which could potentially influence market momentum. The VIX remains on a sell signal, supporting higher stock prices, while major index ETFs like the TSX 60 and Vanguard Canada ETF are advancing toward recent highs.

Energy stocks are benefitting from higher crude oil prices, while gold is down $120, putting pressure on the gold sector. Notable US stocks such as Tesla, Lucid, Nvidia, and Ford are poised for strong trading days, while Canadian stocks like Suncor, Enbridge, and Canadian Natural Resources are also showing positive momentum. Air Canada is making significant gains, having filled key price gaps, while Barrick Gold may face selling pressure due to falling gold prices. Stephen reminds viewers that timing is critical in stock market trading and directs them to visit TheUpTrend.com for further insights.

Stephen Whiteside

Monday, May 12, 2025

In Thursday morning’s market update, Stephen Whiteside recaps Wednesday’s volatile trading session, which ended with a strong month-end reversal to the upside. The NASDAQ leads premarket gains, while gold, silver, and crude oil continue to slide — a trend that may weigh on the Canadian market. Meta and Microsoft reported strong after-hours gains, while Eli Lilly is down in premarket trading despite a strong showing the day before. Market participants are eyeing upcoming economic reports, including jobless claims and manufacturing data, which could shift momentum further. The VIX remains on a sell signal, supportive of higher stock prices.

Stephen walks through market action in the TSX, Dow, S&P 500, and NASDAQ 100. Notable gainers include Gildan Activewear, Metro, Verizon, and Regeneron. Many indexes are pushing through key resistance levels like moving averages and the Flypaper Channel, suggesting bullish potential into early May. The session closes with a reminder that both the end and beginning of the month often exhibit a bullish bias due to automatic fund inflows. Viewers are encouraged to follow the trend and explore tools at TheUpTrend.com for more informed stock market timing.

Stephen Whiteside

Thursday, May 1, 2025

In Wednesday’s premarket video, Stephen Whiteside discusses a mixed open for the markets amid key economic reports and major earnings announcements. He highlights the ADP employment data, GDP figures, and crude oil inventory as important catalysts for the day. Oil and natural gas have reversed signals, with energy stocks struggling despite previous buy signals. The VIX remains on a sell signal, generally supportive of higher stock prices.

Stephen also reviews major ETFs and individual stocks, noting that many are encountering resistance at moving averages or open gaps. Key names like Nvidia, Amazon, Apple, and Tesla show potential but remain range-bound. On the Canadian side, big banks like Royal Bank, TD, and Bank of Nova Scotia are hitting new highs or resistance levels. He ends by pointing out that month-end bias may provide a temporary bullish buffer and urges caution amid a lack of corporate guidance, a possible signal of softening expectations going forward.

Stephen Whiteside

Wednesday, April 30, 2025

In today’s Tuesday morning update, Stephen Whiteside of TheUpTrend.com discusses a mixed pre-market environment with the Dow slightly higher and the S&P and NASDAQ trading lower. He steps back from short-term analysis to focus on midterm trends, using the Daily Midterm Chart to track broader market direction. While most major U.S. indices are currently on buy signals, key momentum indicators have yet to break above the “waterline,” suggesting more work is needed before a full bullish trend is confirmed. Bonds have been rising recently, possibly due to a pause in foreign selling, and yields are retreating.

Stephen also reviews sectors and markets including the Canadian TSX 60, energy, financials, gold, infotech, real estate, and telecom. While many are on buy signals, momentum remains cautious. Bitcoin and several crypto-related stocks such as Coinbase and MicroStrategy are showing strength, while others like Hive and Hut 8 lag behind. Stephen concludes by noting that late April buying is typical, but the market remains under key resistance. The video wraps with encouragement to visit TheUpTrend.com to learn more about timing the stock market.

Stephen Whiteside

Tuesday, April 29, 2025