Morning Market Outlook 07292025

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

Morning Market Outlook 07282025

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

Morning Market Outlook 07252025

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

Morning Market Outlook 07242025

In Thursday morning’s market update, Stephen Whiteside reports mixed signals from stock index futures, commodities, and key equities. Gold is trading lower, crude oil is slightly higher, and Bitcoin is holding above $118,750. Pre-market movement in stocks like Alphabet, Tesla, T-Mobile, and IBM is highlighted, with Alphabet nearing a price target, T-Mobile showing potential bullish patterns, and IBM continuing its sell-off. Tesla is at risk of generating a new sell signal, while Coinbase is teetering on the edge of one.

Stephen also discusses ongoing weakness in the VIX, noting that recent long trades haven’t performed well in the current bull market environment. He covers the mixed performance of crypto-related stocks and ETFs, emphasizing readiness to act when reversal opportunities arise. The U.S. Dollar index remains on a sell signal, bond yields are rising, and metals show divergent trends—with copper hitting new highs, gold pulling back, and silver pushing higher. He concludes with a look ahead to Friday’s weekly chart review and a reminder of the importance of market timing.

Stephen Whiteside

Thursday, July 24, 2025

Morning Market Outlook 07232025

In Wednesday’s premarket update, Stephen Whiteside from TheUpTrend.com reports a positive tone for the markets, with U.S. and Japanese trade agreements giving a slight boost to stock index futures. Earnings season continues with major companies like Alphabet, Tesla, and T-Mobile in focus. Alphabet approached a key resistance level before stalling, Tesla remains in a consolidation range, and T-Mobile has triggered a new buy signal. Meanwhile, homebuilders saw a surprise rally, while the Canadian InfoTech sector lagged.

Whiteside also reviews sector performance and major index ETFs. Notable movers include Agnico Eagle, Ivanhoe, and MDA in Canadian markets, and Amgen, 3M, and Lockheed Martin in the U.S. The VIX remains in a downtrend, and bond yields pulled back—potentially supporting stock prices. Cryptocurrencies showed minor movement, and the U.S. dollar weakened. While some Ark Invest ETFs look strong, Whiteside warns investors not to jump in late. He wraps up with a reminder that timing and trend-following are key to market success.

Stephen Whiteside

Wednesday, July 23, 2025

Morning Market Outlook 07222025

In Tuesday morning’s premarket update, Stephen Whiteside from TheUpTrend.com reports a quiet start with futures trading just below fair value ahead of Fed Chair Powell’s speech. The VIX remains on a sell signal, suggesting continued upward momentum for stocks. Bitcoin is hovering near 118,750, while Ethereum continues to climb toward the 4062.50 target. Bonds moved higher, pressuring yields lower, which could support further equity gains. Commodities like gold, silver, and platinum all rose, while natural gas reversed and is now back on a sell signal.

Among the most actively traded stocks, Tesla saw a bearish reversal, while Amazon, Alphabet, and Broadcom made new highs. Other notable movers include Netflix, which could trigger a buy signal with a higher close, and Open Door, which surged 42%. On the TSX, big banks like Royal Bank and TD held steady, while others like CIBC and Bank of Nova Scotia hit new highs. Energy names like TC Energy and Canadian Natural Resources weakened, while gold stocks and Cameco remained strong. Whiteside notes a quiet open is expected unless Powell’s remarks shift market sentiment.

Stephen Whiteside

Tuesday, July 22, 2025

Morning Market Outlook 07212025

In Monday’s premarket update, Stephen Whiteside of TheUpTrend.com reports that stock index futures, gold, and cryptocurrencies are trading higher, while crude oil is slightly down. No major economic data is expected Monday, but earnings throughout the week could impact market direction. The VIX remains on a sell signal, supporting bullish sentiment, with a reversal possible if it closes above 17.59. Bitcoin continues to test key resistance levels, while Ethereum pushes toward 3750. Gold and crude remain trendless, and bond yields retreated after peaking midweek.

Key ETFs and sectors showed mixed signals last week, with the Russell 2000 and financials rebounding onto buy signals. In U.S. and Canadian markets, several most-active stocks posted new highs including Nvidia, Joby Aviation, Whitecap, and Denison Mines. Tesla and Barrick remain in consolidation, while Ford and Air Canada continue on sell signals. The TSX saw notable strength in banks and energy, although names like Cenovus and Canadian Natural Resources showed weakness. The market is set for a bullish open barring any surprises, with Tuesday’s update to follow.

Stephen Whiteside

Monday, July 21, 2025

Morning Market Outlook 07182025

In this Friday morning update, Stephen Whiteside of TheUpTrend.com provides a pre-market overview, highlighting that stock index futures, commodities, and Bitcoin are all trading above fair value with no major economic reports expected. Bitcoin is pushing toward its next target of $125,000, while the U.S. Dollar Index and bond yields continue to trend higher. Despite declines in crude oil and gold, major indexes like the TSX, S&P 500, and NASDAQ 100 are hitting new all-time highs. The VIX remains subdued, with no significant signs of rising fear in the market, though Stephen outlines key levels that could shift sentiment if breached.

On the ETF front, the TSX 60 and S&P 500 are approaching key price targets, while the NASDAQ 100 and Russell 2000 are near their respective highs. U.S. financials and bank ETFs need to break resistance levels to confirm continued upward momentum. In sector performance, gold stocks are under pressure, but semiconductors and tech leaders in the “Magnificent Seven” continue to support the rally. Stephen wraps up by advising investors to take profits at target levels and closely monitor market signals like the VIX and key price targets as we head into the weekend.

Stephen Whiteside

Friday, July 18, 2025

Morning Market Outlook 07172025

In Thursday morning’s pre-market update, Stephen Whiteside from TheUpTrend.com highlights the quiet market conditions ahead of key U.S. economic reports, including retail sales, jobless claims, and the Philadelphia Fed Index. Wednesday’s trading was volatile, with the VIX and major indices like the NASDAQ and S&P 500 reversing after testing lower channel lines. While Canadian financials and tech stocks remain on buy signals, energy stocks on both sides of the border have rolled over to new sell signals. Gold stocks had an inside day, and semiconductors showed signs of potential weakness.

In the U.S., mixed signals continue with some indices holding their trend while others like the Russell 2000 and bank stocks remain on sell signals. A review of the most active stocks from both Wall Street and the TSX includes notable moves from Rigetti, Nvidia, Ford, Warner Brothers, Denison Mines, and Air Canada. Despite some early sector sell signals, the broader market has not yet broken down, though further weakness is anticipated. The video closes with a reminder of the importance of timing in the stock market and an invitation to visit TheUpTrend.com for more insights.

Stephen Whiteside

Thursday, July 17, 2025

Morning Market Outlook 07162025

In Wednesday’s premarket report, Stephen Whiteside from TheUpTrend.com highlights a mixed open for the U.S. markets, with the Dow bouncing on earnings and the Nasdaq slightly lower after hitting new highs. Tuesday’s trading saw semiconductors and tech stocks as standout performers, especially Nvidia, which led a rally in the sector. Outside of tech, most sectors declined, pushing the Dow back onto a sell signal, with American Express, Home Depot, and UnitedHealth leading the way down. Meanwhile, some big names like Microsoft, Amazon, and Apple managed gains, though Apple remains in the channel and could change trend soon.

In Canada, the TSX fared slightly better with a smaller decline, although consumer staples were the worst-performing group. Stocks like George Weston, Teck, and Dollarama contributed to the pullback. On the U.S. side, Supermicro and AMD led gains on the NASDAQ 100, while Biogen and Lululemon were among the biggest losers. Bitcoin dipped Tuesday but rebounded Wednesday, while Ethereum continued to climb. The VIX edged higher into the channel but has yet to signal elevated fear in the market. Stephen ends by encouraging viewers to donate blood and tune in Thursday for updates on the most actively traded stocks.

Stephen Whiteside

Wednesday, July 16, 2025