Category: Uncategorized

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

In today’s market update, Stephen Whiteside from theuptrend.com highlights a quiet pre-market session with no major economic releases. Investors are watching consumer sentiment numbers and the Baker Hughes rig count, which has been declining sharply, reflecting layoffs and contraction in the energy sector. Weekly charts show strength across sectors, with semiconductors and gold stocks leading gains. Canadian markets are up modestly, while financials continue to climb, and volatility remains subdued with the VIX showing no signs of concern.

On the U.S. side, the Dow, S&P 500, and Nasdaq all posted strong sessions, with standout performances from 3M, Warner Brothers Discovery, and Synopsys. Tesla, Nvidia, and Bitfarms advanced, while Netflix and Boeing slipped back onto sell signals. Commodities showed mixed trends: crude oil is range-bound, natural gas under pressure, gold steady, and coffee trending higher. Bitcoin returned to a buy signal, while Ethereum held steady. Overall, market sentiment heading into Friday’s open looks stable with no major warning signs.

Stephen Whiteside

Friday, September 12, 2025

In today’s update, Stephen Whiteside from TheUpTrend.com reflects briefly on the significance of September 11th before shifting focus to the financial markets. He notes strength in stock index futures during the pre-market, with commodities weaker and Bitcoin showing signs of life. While optimism continues around a potential Fed rate cut, Stephen highlights the risk of a turning point when the official announcement arrives. The VIX remains subdued, keeping the broader outlook bullish for now.

Across sectors, Canadian markets posted new highs with Cenovus and Teck leading gains, while Constellation Software lagged. In the U.S., Oracle surged sharply outside its expected range, while Salesforce and Synopsys disappointed. Broadcom shone in the Nasdaq 100, while The Trade Desk and small caps pulled back. Bonds rallied, yields fell, and Bitcoin looks poised for a potential buy signal, with Ethereum stuck in consolidation. Investors are watching key economic numbers at 8:30 for the next market catalyst.

Stephen Whiteside

Thursday, September 11, 2025

In Wednesday morning’s market update, Stephen Whiteside highlights early pre-market strength in the Nasdaq and S&P 500, largely driven by Oracle’s strong after-hours performance. He discusses the impact of upcoming economic data, including the Producer Price Index and crude oil inventories, while reviewing notable moves in tech stocks, ETFs, and futures contracts. Whiteside also explains why leveraged ETFs don’t always perfectly match the daily performance of their underlying indexes, emphasizing that buyer and seller demand at the close affects short-term pricing.

The update further reviews sector activity, noting new sell signals across transports and airlines while Canadian banks and energy stocks showed fresh buy signals. Crude oil and gasoline prices are sitting near potential breakouts, while metals and bonds continue to show mixed signals. Whiteside concludes by stressing the importance of market timing, encouraging viewers to follow trends for better decision-making, and reminding them to stay connected through TheUpTrend.com for ongoing insights.

Stephen Whiteside

Wednesday, September 10, 2025

In Tuesday’s pre-market update, Stephen Whiteside from TheUpTrend.com highlights quiet trading across global markets, with stock index futures, commodities, and Bitcoin slightly higher. The VIX, often called the fear index, continues to show indecision, and traders are watching closely for a breakout that could signal the stock market’s next move. Gold reached key price targets while silver and crude oil consolidated, with natural gas showing strength and potential for further gains.

In equities, both Canadian and U.S. markets experienced inside days with little directional movement. Gold miners hit new highs, while semiconductors showed selective strength, with Marvell and Broadcom leading. Whiteside emphasized the importance of watching for breakouts above or below Friday’s range to determine the market’s next trend direction, reminding viewers that timing and trend-following remain critical for successful stock market strategies.

Stephen Whiteside

Tuesday, September 9, 2025

In today’s market update, Stephen Whiteside from theuptrend.com reviews early Monday trading conditions. Stock index futures and commodities opened slightly higher, with Bitcoin trading under pressure but still within range of a potential buy signal. The VIX remains subdued, though a breakout above resistance could trigger selloffs in the broader market. Meanwhile, key stocks like Coinbase, Mara, and MicroStrategy are closely watched for buy signal confirmations.

Turning to commodities, gold and silver continue to push higher, with miners in both metals sectors hitting fresh highs. Copper is holding its gains, while crude oil and gasoline slipped back onto sell signals, testing critical support levels. The energy sector also weakened, with Canadian Natural Resources and ExxonMobil both rolling over into sell signals. Overall, equities showed a modestly positive tone, while commodities presented a mixed picture — strength in metals, weakness in energy.

Stephen Whiteside

Monday, September 8, 2025

In Friday morning’s market update, Stephen Whiteside from theuptrend.com highlighted mixed pre-market futures as investors awaited key economic numbers at 8:30 a.m. With the Fed’s rate decision looming later in September, speculation is building around whether lower rates will benefit small and mid-cap stocks reliant on borrowing. Meanwhile, gold surged more than $90 on the week, crude oil remained steady, and natural gas showed signs of a potential bottom, sparking interest for a possible rally similar to late 2024.

Major indices, including the S&P 500, Nasdaq, and TSX, flashed new buy signals, though Stephen cautioned against aggressive entries at elevated levels. Stocks in focus included Broadcom, which jumped on earnings, and Lululemon, which tumbled in pre-market trading. U.S. and Canadian bank stocks reached new highs, while energy names continued holding buy signals. Stephen closed by reminding traders to stay cautious amid upcoming volatility, cover shorts, and avoid overcommitting ahead of uncertain market conditions.

Stephen Whiteside

Friday, September 5, 2025