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In today’s market update, Stephen Whiteside reviews the mixed performance of major indices heading into the weekend. While the Dow, S&P 500, and Nasdaq showed modest declines, semiconductors and energy stocks gained, with gold reaching a new all-time high. Despite September’s reputation for volatility, the VIX has yet to break out significantly, though it sits on the edge of new daily buy signals. Several global and sector ETFs, including European markets, financials, and retail, have shifted to sell signals, while Bitcoin ETFs and related stocks also experienced renewed weakness.

Stephen also highlighted notable stock moves, such as Lithium America’s surge, Carmax’s sharp decline, and Blackberry’s breakout above resistance. On the TSX, gold and silver stocks tumbled, while Air Canada and Algoma Power continued their downtrends. Wrapping up, Stephen offered trade management tips, including short-covering strategies for American Airlines. He closed with a reminder about his weekend update for subscribers and reinforced the importance of stock market timing and following the trend.

Stephen Whiteside

Friday, September 26, 2025

This morning’s market update highlights mixed signals across North American indices. Futures were slightly lower in the pre-market, led by weakness in the Nasdaq, while major economic numbers were expected later in the morning. In Canada, the TSX-60 ETF and several sectors including financials and telecoms are edging closer to potential sell signals, while gold stocks experienced some pressure.

In the U.S., key ETFs such as the S&P 500, Dow, and Russell 2000 dipped into their channels, signaling possible sell triggers. Several sectors, including broker dealers, home builders, real estate, health care, and materials, have already rolled over into sell signals, despite recent interest rate cuts. Pharmaceuticals remain stuck in a channel, struggling to confirm a buy signal. The overall tone remains cautious, with timing emphasized as critical to navigating the current environment.

Stephen Whiteside

Thursday, September 25, 2025

In today’s pre-market update, Stephen Whiteside from theuptrend.com highlights a quiet open with gold slightly lower, crude oil pushing higher, and Bitcoin modestly up. He reviews the Fed Chairman’s recent comments that sparked volatility, along with upcoming reports on new home sales and energy inventories. Crude oil and energy stocks are in focus, with Halliburton, Torbelline, and Vermilion leading gains, while uranium stocks like Cameco and Energy Fuels also surged.

The TSX briefly touched 30,000 before reversing, though no strong follow-through to the downside has been confirmed. Whiteside reviews the VIX, ETFs, and the “Magnificent Seven” tech stocks, noting new sell signals in Amazon, Meta, and Shopify, while Tesla and Microsoft are close to breakdown levels. Despite Tuesday’s reversal, the lack of strong downside momentum is seen as bullish if it continues.

Stephen Whiteside

Wednesday, September 24, 2025

In this morning’s update, Stephen Whiteside from *theuptrend.com* reviews market conditions ahead of Tuesday’s open. Futures were quiet, with gold hitting a new all-time high and silver also gaining. Gold and silver stocks led the Canadian market higher, while Bitcoin and Ethereum slipped back onto sell signals. The VIX edged up but remained below key resistance levels, showing no major shift in volatility expectations.

Across major U.S. indexes, the Dow, S&P 500, and Nasdaq 100 all made new closing highs. Leaders included Apple, Nvidia, IBM, Teradyne, Oracle, Applied Materials, Constellation Energy, Lamb Research, and Synopsys. On the downside, Procter & Gamble, 3M, Amazon, Kenvue, Match, Dr. Pepper, Intel, and Microstrategy weakened. In Canada, Barrick, Kinross, Brookfield, Endeavor Silver, First Majestic, and Finning posted strong gains, while Constellation Software, Loblaws, Goeasy, and Richie Brothers lagged.

Stephen Whiteside

Tuesday, September 23, 2025

In Monday’s market update, Stephen Whiteside from *theuptrend.com* reviews pre-market conditions with U.S. index futures slightly lower, crude oil declining, and Bitcoin mixed, while gold hits new all-time highs. He notes that despite recent volatility around the Fed’s interest rate cut, markets have stabilized, with the Nasdaq and VIX showing no immediate warning signals. Major ETFs in Canada and the U.S. continue to reach new highs, supported by strong performance in large-cap stocks, even though many smaller names are lagging.

Gold and mining stocks are leading the charge, with GLD, GDX, XGD, and numerous major miners such as Barrick, Agnico Eagle, and Newmont hitting new highs. The strong upward momentum across the sector suggests no reason for concern heading into the week. Stephen closes by reminding viewers to focus on timing and trend-following, encouraging them to visit *theuptrend.com* for more insights.

Stephen Whiteside

Monday, September 22, 2025

In this Friday morning market update, Stephen Whiteside from theuptrend.com reviews weekly charts to provide a broader perspective beyond daily fluctuations. Bitcoin is up but not yet on a buy signal, the U.S. dollar index may be forming a double bottom, and gold remains in an uptrend despite a small pullback. Bonds and crude oil continue to consolidate, supporting overall market strength. Major U.S. indices, including the Dow, S&P 500, Nasdaq, and TSX, all hit new all-time highs this week with no signs of weakness.

Looking closer at daily action, Stephen highlights the impact of triple witching day, Intel’s 22% surge, and Thomson Reuters’ decline. While many Dow stocks are still on sell signals, big-cap tech leaders within the Magnificent Seven are driving indices higher. Stocks like Alphabet and Meta are making new highs, while Apple, Amazon, Microsoft, and Tesla face resistance levels. Shopify continues to climb toward breakout targets. Stephen concludes by reminding viewers of the importance of market timing and invites them to subscribe for further weekly insights.

Stephen Whiteside

Friday, September 19, 2025

In Thursday’s pre-market update, Stephen Whiteside from *theuptrend.com* highlighted bullish sentiment following the Fed meeting, with stock index futures trading higher led by the Russell 2000. Despite volatile swings after the Fed announcement, overall market direction showed little change. Key areas of focus included the U.S. Dollar Index, bonds, gold, crude oil, and Bitcoin, all of which had only minor adjustments by the close. Regional banks led gains, while copper was the notable loser, and the VIX remains neutral without signs of professional buying.

Looking at major ETFs, Canadian markets saw only slight movement, with financials and banks hitting new highs while gold and tech stocks experienced pullbacks. In the U.S., volatility was high across indices, particularly in small caps and microcaps, though no major trend shifts occurred. Sector-wise, consumer discretionary continued higher, consumer staples edged toward a buy signal, and homebuilders generated a new sell signal. Real estate stocks dipped slightly but stayed on a buy. Overall, while volatility was elevated, no significant trend changes emerged, and pre-market trading suggests potential new all-time highs.

Stephen Whiteside

Thursday, September 18, 2025

In this morning’s update, Stephen Whiteside reviews the market environment ahead of the Federal Reserve’s announcement. September has been unusually bullish, with the Nasdaq and Composite indices pushing toward key price targets. The VIX has generated buy signals, but as history shows, most signals fail during bull markets. Stephen emphasizes patience, noting that volatility usually spikes after the Fed press conference, and that he’ll be away from the keyboard during the event.

He also analyzes the U.S. and Canadian Most Active stocks. Standouts include Bitfarms, which jumped over 16% in the U.S. and 17% in Canada, along with notable moves in Opendoor, Snap, NVIDIA, NIO, Tesla, and Canadian energy stocks like Cenovus, Whitecap, and Suncor. He reminds viewers that VIX ETFs are short-term trading vehicles, best sold quickly after spikes, and closes with a reminder to follow market timing strategies and visit theuptrend.com for more resources.

Stephen Whiteside

Wednesday, September 17, 2025

In Tuesday’s morning market update, Stephen Whiteside from theuptrend.com highlights a quiet pre-market session ahead of the Fed meeting, with retail sales data due at 8:30. Monday’s winners included metals and mining stocks, silver miners, and Tesla, while U.S. insurance stocks struggled at key resistance levels. Bond yields hit new lows, currencies showed mixed signals, and the Canadian and Australian dollars strengthened.

Among ETFs, the TSX-60 saw gains from Cameco, OpenText, and Shopify, while Loblaws lagged. U.S. markets were steady, with Apple returning to a buy signal, Amazon testing resistance, and the S&P 500 and Nasdaq 100 both hitting new highs, led by storage and semiconductor stocks. With gold and semiconductors also strong, markets remain in a holding pattern ahead of Wednesday’s Fed decision.

Stephen Whiteside

Tuesday, September 16, 2025

In today’s market update, Stephen Whiteside from theuptrend.com noted that U.S. stock index futures were quiet ahead of a major week for traders. The focus is on Wednesday’s Federal Reserve announcement and Friday’s triple witching, both of which could spark volatility. Tesla remains a standout, continuing its sharp pre-market rally. Meanwhile, the VIX shows no significant fear in the market, keeping sentiment relatively calm.

Stephen also reviewed commodities and sector performance. U.S. energy ETFs remain weak, with natural gas and gasoline on sell signals, while Canadian energy stocks show mixed signals despite some new highs. Metals were stronger, with copper and gold holding buy signals, and several gold and silver miners hitting new highs. Overall, the market appears stable heading into Monday’s open, but traders should prepare for potential turbulence midweek.

Stephen Whiteside

Monday, September 15, 2025