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In Wednesday’s market update, Stephen Whiteside from TheUpTrend.com discusses a positive turnaround in global markets, with stock index futures, gold, crude oil, and Bitcoin all trading higher. Financial earnings, particularly from Bank of America, are lifting market sentiment, while key stocks such as NVIDIA and Tesla show mild pre-market gains after recent weakness. The Dow was supported by Walmart’s AI-driven surge, and the TSX saw a major rebound, driven by strength in materials and gold mining stocks, while energy and communication services lagged.

Whiteside highlights notable sector and stock performances, including strong moves in uranium companies like Cameco, Energy Fuels, and Denison Mines, as well as renewed buy signals across major U.S. bank ETFs. He notes standout gainers such as BlackRock, Citigroup, and Wells Fargo, along with active trading in Bitfarms on both U.S. and Canadian exchanges. The update concludes with a look at Bitcoin and crypto stocks, most of which remain resilient despite minor pullbacks. The overall tone points to renewed buying interest midweek, with investors eyeing potential breakouts and continued volatility.

Stephen Whiteside

Wednesday, October 15, 2025

In Tuesday’s pre-market update, Stephen Whiteside from **TheUpTrend.com** reviews market conditions following Friday’s sell-off. Despite early strength Monday, the day ended as an inside day across major U.S. indices including the S&P 500, Dow, and Nasdaq. Tech stocks, particularly chipmakers like Broadcom, ON Semiconductor, and Micron, showed relative strength, while gold and silver continued to rise—potentially signaling underlying financial stress. Bitcoin remained flat, and volatility (VIX) stayed elevated, reflecting ongoing uncertainty.

Stephen advises caution, noting that any new buy signals should be ignored for now as market risk remains high in October. The Canadian market is expected to play catch-up after Monday’s U.S. trading, especially in energy and financials, both of which remain weak. With crude oil and natural gas under pressure and major financials like BlackRock, JPMorgan, and Goldman Sachs reporting earnings, traders should stay defensive and patient, as the broader trend still points lower.

Stephen Whiteside

Tuesday, October 14, 2025

Markets experienced widespread sell signals on Friday, confirming the long-anticipated expansion in volatility that traders had been expecting since late summer. The S&P 500 and other major U.S. indices erased recent gains, returning to levels last seen in mid-September. The VIX surged more than 30%, signaling a major shift from a bullish to a bearish long-term outlook. Stephen Whiteside compared the move to the prelude of the 1987 crash but emphasized that Friday’s drop was not nearly as severe.

In both U.S. and Canadian markets, sectors such as energy, financials, and banks moved back onto sell signals, while gold stocks and semiconductors showed relative strength. Canadian markets remain somewhat stronger, supported by metals and utilities. Whiteside advised traders to act on new sell signals and long-term investors to remain patient until more evidence confirms a true trend reversal.

Stephen Whiteside

Sunday, October 12, 2025

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