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In this Monday morning market update, Stephen Whiteside notes that stock index futures are trading above fair value, with the Dow up over 300 points in the premarket. Despite this, he cautions that such a move is insignificant given the current volatility. With no major economic data expected until Wednesday and a holiday-shortened week ahead, a slight bullish bias is anticipated. He highlights Friday’s reconfirmed buy signals in stocks like Nvidia and discusses potential short-term gains in oversold stocks, while also noting that other big names like Tesla and Shopify have not yet confirmed new uptrends.

Stephen observes early strength in crude oil and weakness in gold, which may stabilize the Canadian market. He warns that current upward momentum mostly reflects short covering, not new investor buying. Most charts are showing rebounds from oversold conditions, but any move toward the 200-day moving average may reverse. He also flags concerns over continued weakness in bonds, which could push yields higher and challenge the Fed’s stance, potentially threatening stock market stability moving forward.

Stephen Whiteside

Monday, April 14, 2025

In today’s market update, Stephen Whiteside highlights the volatility in pre-market trading, driven by international tensions and upcoming U.S. PPI data. He notes a rebound in U.S. indices such as the S&P 500, NASDAQ 100, and semiconductors after hitting intra-week lows. Gold surged while crude oil and bonds faced a rough week. The Canadian dollar strengthened slightly due to a weaker U.S. dollar. A pattern of inside days across many stocks and ETFs suggests market indecision following Wednesday’s volatility.

Whiteside also reviews individual stock performances, including notable movements in gold stocks like Kinross and Newmont Mining. He flags buy signals for stocks such as Nvidia, Lucid, and Palantir, while others like Alibaba continue to struggle. The overall message is one of caution—despite some bullish signals, market uncertainty remains high. He advises waiting for confirmation of buy signals before making aggressive moves.

Stephen Whiteside

Friday, April 11, 2025

In this Thursday market update, Stephen Whiteside of theuptrend.com discusses the sharp reversal seen in the markets following President Trump’s unexpected mid-day announcement. Despite Wednesday’s strong rally—especially among semiconductors, the Magnificent 7, and select Nasdaq stocks—Whiteside advises caution, emphasizing the lack of follow-through on Thursday morning. He recommends covering short positions that triggered buy signals and waiting for further market direction before initiating new trades.

Whiteside also highlights the influence of the bond market, noting foreign bond sell-offs from China and Japan contributed to rising yields and spooked the White House. He provides technical commentary on key stocks like Nvidia, Apple, and Micron, noting buy signals and strong performance in certain sectors, while energy, metals, and Canadian equities showed less momentum. Despite notable gains, Whiteside remains conservative, advising investors to watch inflation and employment numbers and resist chasing recent rallies.

Stephen Whiteside

Thursday, April 10, 2025

In today’s market update, Stephen Whiteside discusses a volatile pre-market session marked by renewed tariff tensions between the U.S. and China. Tariffs are causing widespread uncertainty, with gold prices soaring and crude oil plunging nearly $4. The energy sector is suffering, while rising fear indicators and bearish ETFs signal market weakness. The bond market is also under pressure, and China may retaliate by selling U.S. bonds, potentially driving interest rates higher.

Whiteside then reviews the performance of major stocks and ETFs, focusing on the NASDAQ 100, Magnificent 7, and key players like Apple, Tesla, Nvidia, and Shopify. While some stocks are holding support levels, others are teetering on the edge of further declines. Despite the chaos,
Whiteside reminds viewers there are still ways to profit in a falling market, emphasizing the importance of stock market timing and staying informed. He closes with encouragement to follow the trend and keep a level head amidst market “stupidity.”

Stephen Whiteside

Wednesday, April 9, 2025

In today’s market update, Stephen Whiteside from TheUpTrend.com recaps a highly volatile Monday in the financial markets. Stock index futures are pointing higher Tuesday morning, but Monday saw dramatic swings with new lows across major indices, intense volatility in the VIX, and significant moves in both the stock and bond markets. Major resistance levels remain overhead, and although a short-term bounce is possible, it may not change the broader trend. Key sectors like semiconductors and tech showed relative strength, while homebuilders and Apple lagged. Globally, markets in Europe and Asia were also hit hard.

The bond market saw uncharacteristic turmoil, with steep drops in instruments like the TLT and XBB. Among index ETFs, Super Micro and Shopify stood out as top performers, while Apple, MicroStrategy, and Bank of Nova Scotia led the losers. Commodities also struggled, with declines across oil, gas, copper, and metals—except for a minor uptick in silver. Whiteside concludes by saying a close above Monday’s high would be a bullish signal but not necessarily a call to action. The tone remains cautious as traders look for confirmation of a potential bottom.

Stephen Whiteside

Tuesday, April 8, 2025

Stephen Whiteside from TheUptrend.com delivers a Monday morning market update, highlighting ongoing market volatility with stock index futures down and the VIX climbing. He discusses the absence of major economic reports early in the week, while warning of potential reactions to upcoming events such as the Fed minutes and PPI later in the week. Markets globally followed the U.S. into a selloff, with the TSX breaking key support levels, energy stocks collapsing due to crude oil’s steep drop, and major U.S. indices showing signs of deeper corrections, all signaling a broad “risk-off” environment.

Whiteside emphasizes the ongoing breakdown in market cycles, especially in sectors like technology and energy, noting that pressure zones are extended and early recovery signals have failed. He analyzes key stocks, including Nvidia, Tesla, Apple, and Amazon, which all show further declines. While bear ETFs have seen significant gains, he reminds investors to remain respectful toward others suffering losses. He closes with an encouragement to continue using disciplined timing strategies and reminds viewers to like, share, and subscribe for more educational content.

Stephen Whiteside

Monday, April 7, 2025

[00:00:00]: Introduction and Presentation Overview
[00:00:20]: Stephen’s Trading History and 25th Anniversary
[00:00:56]: The 1987 Stock Market Crash and Learning Technical Analysis
[00:02:11]: Partnership with Sergey and Trading the S&P 500
[00:03:06]: Memories of 9/11 and Emotional Reflections
[00:03:31]: The Dot Com Bubble and Rise of Online Trading
[00:04:08]: Posting Stock Charts and the Birth of theuptrend.com
[00:05:27]: Technological Challenges in Early Trading Days
[00:06:13]: Political Commentary on Trump’s Re-election
[00:06:43]: Predictions for Red States Under Trump’s Policies
[00:07:28]: Stock Market Resilience Amidst Political and Economic Challenges
[00:08:03]: Historical Impact of Republicans on the Economy
[00:09:05]: Tariffs and Their Historical Consequences
[00:10:19]: Global Perception of Trump’s Presidency
[00:11:51]: Discussion on Vanguard Total Market ETF and Market Indicators
[00:12:15]: The Russell 2000 and Risk On/Risk Off Indicators
[00:13:26]: Comparing Russell 2000 and NASDAQ 100 Performance
[00:13:57]: Analysis of the Russell 2000 Monthly Chart
[00:14:55]: Projections for Russell 2000 and Support Levels
[00:15:34]: Alternative Market Indicators and Semiconductor Decline
[00:16:27]: Volatility Index (VIX) and Market Reactions
[00:17:27]: Various Market Indices and Sector Performance
[00:18:09]: Canadian Market Overview
[00:18:46]: Commodities and Tariffs Impact on Copper and Crude Oil
[00:19:22]: Risks Under Trump’s Administration and Global Relations
[00:20:34]: Concerns Over Trump’s Impact on the Federal Reserve
[00:20:58]: Long-term Market Outlook and Investor Warnings
[00:21:29]: Dow Futures and Weekend Outlook

In this Friday morning market update, Stephen Whiteside analyzes the impact of the President’s recent economic decisions, including the largest tax hike in U.S. history, and how global markets are reacting. He highlights the decline in major U.S. indices, small-cap stocks leading the downturn, and the continued strength in gold despite volatile trading. The Russell 2000, S&P 500, and Nasdaq 100 are all posting significant losses, while the TSX remains more resilient. Volatility has surged, with the VIX up over 15%, signaling a strong “risk-off” sentiment in the market.

Whiteside further examines sector performance, noting that semiconductors, energy stocks, and regional banks are experiencing sharp declines. He advises traders to take profits on winning positions while cautioning against assuming an imminent rebound. Additionally, he covers the steep drop in crude oil prices, the underperformance of Canadian tech stocks, and how leveraged ETFs are benefiting from the market sell-off. He closes with insights on the broader market trends, reinforcing the importance of stock market timing strategies.

Stephen Whiteside

Friday, April 4, 2025

In Thursday’s market update, Stephen Whiteside discusses the sharp sell-off triggered by the President’s recession warning. Stock index futures tumbled pre-market, with the VIX spiking nearly 17%. Smaller-cap stocks like the Russell 2000 saw steeper declines. Despite Wednesday’s buy signals on several stocks, Stephen advises traders to ignore them, as market conditions remain bearish. He highlights that short-term gains in stocks like La-Z-Boy are not enough to attract long-term investors.

Major index ETFs, including the Dow, S&P 500, and Nasdaq 100, remain on sell signals, reinforcing the broader bearish trend. While the TSX 60 generated a buy signal, Stephen advises against taking action until further confirmation. With institutional investors still in risk-off mode and major moving averages acting as resistance, he reassures traders on the bear side to stay disciplined. He emphasizes the importance of managing profits in bear ETFs as the market continues its downward trajectory.

Stephen Whiteside

Thursday, April 3, 2025