Category: Uncategorized

Tuesday’s CPI report sparked a broad rally in U.S. markets, led by the transport sector, with United and Delta pushing the S\&P 500 to a new all-time closing high. The Dow and equal-weighted S\&P 500 also returned to buy signals, while small, mid, and micro-cap stocks, as well as semiconductors, surged. Technology was mixed, with the Nasdaq 100 and Magnificent Seven ETFs hitting new highs, but Canadian Infotech remained flat, and many individual tech names underperformed.

The ARK ETFs were mostly positive, with Fintech, Innovation, Industrial, and Space ETFs all back on buy signals, while Genomics lagged. Several high-profile tech stocks, including Salesforce, PayPal, and Zoom, continued to decline, showing underlying market divergence. While major indices remain strong, Stephen cautioned that many ETFs are now near “panic zone” tops, where gains are harder to achieve, and risk-reward levels are less favorable.

Stephen Whiteside

Wednesday, August 13, 2025

In Tuesday’s pre-market update, Stephen Whiteside from TheUpTrend.com notes quiet market conditions ahead of the CPI release, which could impact Fed policy. The VIX remains on a sell signal, and bonds, including the TLT and XBB, are on buy signals—supportive for higher stock prices. While junk bonds remain flat, futures trading in bonds offers more volatility potential. The U.S. dollar shows a bullish pattern, while other major currencies, including the euro, Canadian dollar, and Japanese yen, trend lower.

In commodities, gold dropped sharply but gold mining stocks recovered most losses, showing resilience despite the \$86 drop in gold’s price. Silver mirrored gold’s movement, with silver stocks holding strong. Cannabis stocks surged on speculation of U.S. policy changes, with some ETFs up over 27%. Whiteside cautions on their extreme volatility, likening them to natural gas in agriculture. He wraps up by highlighting the importance of timing in stock trading and invites viewers to visit TheUpTrend.com for more guidance.

Stephen Whiteside

Tuesday, August 12, 2025

In Monday’s pre-market update, Stephen Whiteside from TheUpTrend.com reported a quiet start for stock index futures while Bitcoin surged \$2,000 and gold fell \$80. Key economic events for the week include U.S. inflation data, jobless claims, and retail sales. The VIX’s recent buy signal quickly reversed, benefiting the stock market, while major indices like the TSX-60 and S\&P 500 returned to buy signals, driven by standout performers such as Shopify and NVIDIA. However, equal-weighted indices lagged, and small- and micro-cap stocks remained weak. Semiconductors rebounded strongly, while commodities like crude oil, natural gas, and copper stayed under pressure. Silver turned bullish, but gold risked a sell signal by the end of the day.

On Bay Street, Shopify’s rally boosted the TSX-60 to all-time highs despite many laggards. U.S. market leaders included Soundhound, Apple, and Tesla, with mixed reactions to earnings. Notable movers included sharp drops in Trade Desk and Sun Life, new highs for Denison Mines, Barrick, and Palantir, and ongoing weakness in Intel and Lucid. Stephen closed by noting a likely quiet Monday open and reminded viewers about the importance of market timing and trend-following, directing them to TheUpTrend.com for more resources.

Stephen Whiteside

Monday, August 11, 2025

In this weekend’s *Protect Your Portfolio*, Stephen Whiteside highlights a significant shift in market sentiment, sparked by a “disturbance in the force” on Friday. Multiple bearish reversal signals throughout the week, particularly Thursday and Friday, triggered new daily sell signals in key U.S. stocks. While the Magnificent Seven ETF, Apple, Amazon, and Alphabet moved to sell signals, Meta, Microsoft, and Nvidia remain on buy signals—for now. The TSX also rolled over, with several major Canadian banks, including TD and BNS, closing on sell signals. Despite the headlines blaming weak employment data, the decline began well before Friday’s economic release, pointing instead to Thursday’s disappointing earnings as the real catalyst.

Looking at broader market conditions, the VIX is rising—another bearish signal—while microcap stocks and the Russell 2000 underperformed significantly, reinforcing the “risk-off” narrative. Semiconductors and energy held up best, with Nvidia and Broadcom still on buy signals. On the weekly charts, key indices like the Dow, S\&P 500, and NASDAQ 100 show signs of topping, with bearish reversal weeks and early warning signals in play. While the long-term outlook remains cautiously bullish, investors are advised to reduce exposure and monitor key support levels closely in anticipation of further downside risk.

Stephen Whiteside

Sunday, August 3, 2025

In Friday’s abbreviated market update, Stephen Whiteside from TheUpTrend.com explains that a migraine delayed his usual analysis and limited the depth of today’s report. Despite this, he highlights that stock index futures were down across the board and that recent bearish reversal signals suggest the seasonal summer rally may be coming to an end. The VIX has triggered a new buy signal, aligning with seasonal expectations for rising volatility in August through October.

Stephen then reviews key ETF signals in both Canadian and U.S. markets. In Canada, the TSX 60 and Vanguard Canada ETFs are on the verge of generating sell signals, while the 2x bear ETF has already turned bullish. In the U.S., the Dow and equal-weighted S\&P 500 are back on sell signals, and conditions suggest the 3x bull ETF could be replaced by its bearish counterpart. The message is clear: momentum is shifting, and investors should be on alert for a seasonal trend reversal.

Stephen Whiteside

Friday, August 1, 2025

00:00 – Intro
00:58 – Copper Market Trends
02:12 – Microsoft Stock Analysis
02:57 – Meta Platforms Insights
03:14 – Nasdaq 100 Overview
03:54 – VIX Volatility Index Explained
04:10 – Major Index ETFs Review
04:58 – Market Breadth Indicators
06:08 – TSX60 Volume Leaders & Canadian Market Analysis
07:56 – Wall Street Volume Leaders & US Market Analysis

The markets are quiet ahead of today’s Federal Reserve announcement, with stock index futures slightly positive and commodities like crude oil ticking higher. Stephen Whiteside discusses the bullish bias typically seen around month-end and emphasizes that volatility is expected this afternoon during the Fed press conference. Despite a bearish reversal day on Tuesday, major indexes like the NASDAQ 100 and ETFs such as the 3x Technology Bull are still trading above key levels. The VIX remains on a sell signal, indicating limited fear in the market.

Sector highlights include a surge in Canadian tech led by Celestica, which exceeded projected trading ranges and set new targets. Meanwhile, the Marijuana sector saw sharp declines, with Tilray leading the drop. The Magnificent Seven stocks were mixed, with Apple slipping onto a sell signal while Nvidia hit new highs. Commodities were generally flat, but crude oil showed signs of life, hinting at a potential breakout in the energy sector. Gold and silver remained quiet, with gold stocks slightly up despite muted metal prices.

Stephen Whiteside

Wednesday, July 30, 2025

In Tuesday’s morning update, Stephen Whiteside from TheUpTrend.com covers key market developments heading into the end of July. He notes that next week will be a break week with no videos or chart updates, resuming over the weekend. This week, investors are watching a bullish month-end bias, upcoming economic reports, and a major Fed announcement on Wednesday. Boeing and Celestica are trading higher on earnings, while the VIX remains on a sell signal—supportive for higher stock prices.

In both Canadian and U.S. markets, energy stocks led on Monday while materials, real estate, and utilities lagged. Commodities showed weakness, with copper and silver sectors pulling back, and gold mixed across ETFs and miners. Crude oil, gasoline, and energy stocks showed strength, with Baytex and Diamondback emerging as notable winners. The market is expected to trade sideways until the Fed announcement Wednesday afternoon.

Stephen Whiteside

Tuesday, July 29, 2025

In Monday morning’s market update, Stephen Whiteside from TheUpTrend.com notes a quiet start to the trading week, with stock index futures, gold, and Bitcoin trading slightly above fair value. Despite the bullish bias often seen at month-end, this week is loaded with economic data and Wednesday’s Fed announcement, which could shift market direction. The VIX remains on a sell signal, and meme stocks like Opendoor, GoPro, and Krispy Kreme are gaining attention, while GameStop remains stagnant. Bitcoin bounced back in the pre-market, and Ethereum continues to struggle with resistance at 3750. Mixed signals are present among crypto stocks like Coinbase and Hut 8.

On the equities side, Friday’s most active stocks included Tesla, Nvidia, Intel, and Ford, each showing varied trends and setups. Intel saw a sharp drop, while Tesla remains rangebound. Canadian stocks also showed mixed signals, with Whitecap and Cenovus performing well while Teck Resources and TC Energy continue to decline. Several banks are hovering near key breakout or breakdown levels, with the Royal Bank and Bank of Montreal testing pivotal support/resistance points. With no major economic releases on Monday, the day may remain uneventful, but the rest of the week promises potential market-moving catalysts.

Stephen Whiteside

Monday, July 28, 2025

In this Friday morning update, Stephen Whiteside from TheUpTrend.com reviews key weekly and daily market developments ahead of the weekend. The TSX reached a new all-time high, with strong gains in energy and gold stocks. In the U.S., both the S&P 500 and NASDAQ 100 also made new highs, though semiconductor stocks pulled back. Crude oil experienced an inside week, while gold saw a sharp drop in pre-market trading. The VIX hit a new low, suggesting bullish sentiment, but a close above 17.19 could trigger a sell signal. Bitcoin and Ethereum remained steady with no change in trend.

Stephen also reviews notable stock movements from Thursday’s trading. Among U.S. stocks, Tesla, Intel, and American Airlines reversed lower, while Alphabet and Warner Brothers posted new highs. In Canada, Whitecap gained nearly 6%, and Denison Mines hit a new high. Meanwhile, tech names like Teck Resources dropped sharply. Several financial stocks like Royal Bank and TC Energy slipped back to sell signals, while others, including TD Bank and Bank of Nova Scotia, held their gains. The update wraps up with a reminder of upcoming weekly chart analysis on Sunday.

Stephen Whiteside

Friday, July 25, 2025