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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

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

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

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