Morning Market Outlook 06242025

In today’s Tuesday morning market update, Stephen Whiteside from TheUpTrend.com discusses the sudden spike in market volatility triggered by an over 8% drop in crude oil prices. He reviews how this decline impacted energy stocks such as Canadian Natural Resources, TC Energy, Baytex, Cenovus, Suncor, and WhiteCap, many of which are now on new sell signals. Meanwhile, the price of gasoline remains above the 200-day moving average, and geopolitical tensions in the Middle East continue to pose a risk despite reports of a ceasefire.

Stephen also highlights mixed movements across other sectors and key stocks. Aerospace and defense stocks remain strong, while lower oil prices benefit airlines like Air Canada, which is back on a buy signal. On Wall Street’s most active list, Tesla spiked significantly and is back on a buy signal, while Super Micro rolled over into a sell. Other tech names like Nvidia, Intel, and AMD continue to hold buy signals. Overall, the market remains optimistic in the premarket, with traders watching for consumer confidence data and comments from the Fed chairman later in the day.

Stephen Whiteside

Tuesday, June 24, 2025

Morning Market Outlook 06232025

In this Monday morning market update, Stephen Whiteside from TheUpTrend.com reviews the calm start to the week despite geopolitical tensions in Iran and discusses how this impacts crude oil, gasoline prices, and energy stocks. He covers the status of major commodities like natural gas and gold, highlighting key support and resistance levels. Canadian and U.S. energy sectors, alongside gold mining stocks, are closely watched for potential trend shifts.

Stephen also analyzes key index ETFs for Canada and the U.S., noting recent sell signals for the S&P 500, NASDAQ, and Dow while semiconductors hold a buy signal. He wraps up with detailed insights on the most active stocks, including Nvidia, Tesla, Apple, and SoFi, reminding traders to watch for possible reversals and price targets. Overall, he emphasizes patience during low volatility as a larger market move may be on the horizon.

Stephen Whiteside

Monday, June 23, 2025

Protect Your Portfolio 06222025

In this weekend’s Protect Your Portfolio update, Stephen Whiteside addresses a recent technical issue affecting Canadian data on TheUpTrend.com and confirms it’s been resolved. He highlights that Week 26 will likely see increased market volatility following US attacks on Iran, which may spike crude oil prices if Iran blocks the Strait of Hormuz. Energy stocks and crude oil positions remain strong, while the VIX is on a daily buy signal with potential for more upside.

Stephen also reviews the strength in the Canadian market, supported by rising commodities, and notes early warning signals but no immediate sell triggers. The US market, however, struggles to break resistance levels, with bearish reversals persisting for the NASDAQ 100 and several big tech names back on sell signals. He wraps up by checking futures Sunday night, which show mild declines for equity markets and gains for gold and crude oil ahead of Monday’s open.

Stephen Whiteside

Sunday June 22, 2025

Morning Market Outlook 06202025

In today’s Friday morning market update, Stephen Whiteside from TheUpTrend.com notes that trading activity is expected to remain quiet due to the US holiday and many traders taking a four-day weekend. He highlights mixed commodity performance with gold pulling back significantly while crude oil edges higher. Major US indices like the Dow, S&P 500, and NASDAQ are showing indecision with inside weeks and slight movements, while the Russell 2000 shows modest gains. The VIX remains on a buy signal, indicating lingering nervousness among options traders.

Stephen reviews the TSX and various ETFs, explaining key price levels for swing traders, position traders, and long-term investors. He analyzes the most active Canadian and US stocks, pointing out notable setups and trend signals, including updates on Tesla, Ford, Kinross, and PG&E. He wraps up reminding viewers that timing the market is critical and invites them to visit TheUpTrend.com for more insights.

Stephen Whiteside

Friday, June 20, 2025

Morning Market Outlook 06182025

In this Wednesday morning update, Stephen Whiteside from TheUpTrend.com covers the market’s cautious tone ahead of the Federal Reserve meeting. He highlights key economic data releases including initial jobless claims and energy inventories, and notes that U.S. markets will be closed Thursday, while Canadian markets remain open but lightly traded. Market sentiment remains negative, with the VIX on a buy signal suggesting rising fear, and options traders showing nervousness about the broader market outlook.

Stephen provides an overview of commodities, noting mixed signals: copper is stagnant, gold and silver continue on buy signals with strong miner performance, and crude oil and gasoline prices are climbing — raising concerns ahead of the July long weekend. He also discusses sector performance, pointing out renewed weakness in the solar sector and widespread sell signals across global markets and defensive sectors like biotech and utilities. Traders are advised to watch market reaction to the Fed announcement for further direction.

Stephen Whiteside

Wednesday, June 18, 2025

Morning Market Outlook 06172025

In this Tuesday morning update, Stephen Whiteside from TheUpTrend.com discusses the current premarket conditions where stock index futures are trading below fair value, reversing yesterday’s slight gains. He highlights that this week’s key focus is the Federal Reserve meeting, with the Fed statement and press conference scheduled for Wednesday afternoon, potentially triggering increased market volatility. Meanwhile, crude oil is trading higher, gold is slightly lower, and retail sales data is due out shortly.

Stephen reviews recent sector movements, noting that semiconductors led Monday’s winners while the gold sector lagged. Energy stocks saw modest declines despite a drop in crude oil prices. He also covers defense stocks, the VIX activity, and updates on major ETFs, pointing out new highs and some reversals in individual stocks like Cameco, Pembina, and Advanced Micro Devices. Overall, most major index ETFs remain on buy signals except for the Dow. Stephen signs off reminding viewers that in stock trading, timing and trend-following are key.

Stephen Whiteside

Tuesday, June 17, 2025

Morning Market Outlook 06162025

In this Monday morning market update, Stephen Whiteside from TheUpTrend.com reviews the current premarket conditions and highlights the key events influencing North American markets. While stock index futures are trading higher, commodities like gold and crude oil are under pressure, which may weigh on the TSX. Stephen notes that Friday’s spike in crude oil and the VIX could signal short-term headwinds for stocks. Major indexes like the S&P 500, NASDAQ 100, TSX 60, and TSX itself have not yet generated sell signals, so he’s watching for potential trend changes if downside momentum continues.

The video then analyzes the Wall Street and TSX most active stocks, including detailed targets and signals for GameStop, Nvidia, Tesla, Intel, SOFI, Ford, Baytech, B2Gold, CNQ, Ivanhoe, Suncor, Manulife, Cenovus, Whitecap, Calibre Mining, Enbridge, Pembina, Barrick, and major banks. Stephen wraps up by reminding viewers of the upcoming US market holiday on Thursday and encourages traders to stay focused on key price levels. He ends by reinforcing the importance of timing and invites viewers to subscribe for more market

Stephen Whiteside

Monday, June 16, 2025

Protect Your Portfolio 06152025

Morning Market Outlook 06132025

This Friday morning market update focuses on the heightened volatility triggered by Israel’s overnight attack on Iran, which caused stock index futures to drop and energy prices to spike. Stephen Whiteside explains that while Wednesday’s bearish reversal signals technically remain valid, the primary action today is in the energy sector, with gasoline prices jumping and crude oil up nearly 8% premarket. He advises viewers to fill up their tanks before gas stations adjust prices higher and highlights key price levels for crude oil and major energy ETFs.

Gold is modestly higher, with some reversals back to buy signals for notable gold stocks like Agnico Eagle and Kinross. Despite strength in commodities, the TSX and major index ETFs face selling pressure, although the situation is stabilizing from overnight lows. The VIX and related ETFs are moving higher and could end the day on new buy signals, suggesting continued caution. Whiteside wraps up by encouraging viewers to monitor closing levels

Stephen Whiteside

Friday, June 13, 2025

Morning Market Outlook 06122025

Thursday’s market update from Stephen Whiteside at TheUpTrend.com highlights a significant bearish reversal on Wednesday, where many stocks not only reversed direction but closed below the previous day’s lows—amplifying the negative signal. While the Dow is down in premarket trading, it remains within its average true range, meaning the move is not yet considered significant. Boeing is under pressure following a crash in India, down over 7% premarket, and potentially triggering a new sell signal by day’s end. Whiteside also breaks down volatility levels across major indices and high-profile stocks like Nvidia and Tesla, noting that elevated average true ranges often correlate with more expensive options premiums.

In commodities, crude oil spiked 4.68% on Wednesday while natural gas continued to lag. Gold is up premarket and may break out of its recent trading channel, platinum rallied to a new high, and silver pulled back slightly. In mining stocks, GDX remains on a buy signal, while TSX-listed gold and silver miners showed mixed results. On the stock performance front, Dollarama and Warner Brothers were the day’s winners, while Amazon, Intel, and Tim Hortons lagged. The video closes with a reminder to monitor upcoming economic reports (jobless claims and PPI), and emphasizes the value of timing and trend-following in today’s volatile market.

Stephen Whiteside

Thursday, June 12, 2025