Morning Market Outlook 20260707

Asian markets fell sharply Tuesday, led by South Korea after Samsung’s earnings prompted a “buy the rumor, sell the news” reaction. Semiconductor weakness is also pressuring the Nasdaq, with the SMH ETF already lower in pre-market trading. The VIX and VIX ETF remain on sell signals, which continues to support higher stock prices, while bond yields remain on buy signals—a trend that could become a concern for equities if it persists.

The update reviews key Canadian and U.S. most-active stocks, with several financials holding buy signals while telecom, energy, and selected commodity names remain under pressure. Nvidia is facing resistance at $200, Intel is weaker in pre-market trading, and Tesla is testing its lower channel line. The immediate focus for Tuesday is whether tech-sector selling gains momentum and whether important support and resistance levels hold.

Stephen Whiteside
Tuesday, July 7, 2026

Morning Market Outlook 20260706

Markets entered Monday with the Nasdaq up more than 1% in pre-market trading as several stocks that sold off last week attracted early buying. The broader picture remains mixed: the Dow reached a new high, while the S&P 500 and Nasdaq pulled back Thursday. Canadian equities stayed constructive, with the TSX 60 and Vanguard Canada ETF on buy signals, while gold stocks strengthened into the end of last week.

The VIX and VIX ETFs remain on sell signals, which supports higher stock prices, while Bitcoin and Ethereum are showing improving technical conditions. Investors should watch for potential buy signals in gold stocks, crypto ETFs, and selected large-cap names, while remaining cautious around semiconductor-related stocks that generated numerous sell signals. Key levels include crude oil near $100 and GLD above $379.56 for a possible gold buy signal.

Stephen Whiteside
Monday, July 6, 2026

Protect Your Portfolio 20260705

The first half of 2026 has been led by semiconductors and Canadian banks, while software, Canadian technology, and crypto-related investments have lagged. The Canadian market remains broadly constructive, with financials and bank stocks reaching new highs, but energy, gold, small caps, telecoms, and several commodity-related areas remain technically weak. In the U.S., the Dow reached a new all-time high, supported by major technology names, while the S&P 500 and Nasdaq remain close enough to key levels that investors should watch for possible trend changes.

The update stresses that this may be a risky time to commit new capital to stocks. Semiconductor leadership has become unusually concentrated, margin debt is at all-time highs, and geopolitical risks remain elevated. Investors are encouraged to monitor the VIX, commodity ETFs, Bitcoin and Ethereum ETFs, and major index levels for confirmation of whether current market strength continues or begins to break down.

Morning Market Outlook 20260702

Stephen Whiteside reviews a quiet, holiday-shortened trading environment ahead of the July 4 weekend. Major indexes were largely unchanged on Wednesday, with the Russell 2000 reversing from a new high and the NASDAQ posting an inside day. The VIX remains on a sell signal, which supports higher stock prices, but light volume and upcoming jobless claims data could still influence the market’s direction.

Broker-dealers, digital payments, and software stocks led Wednesday’s gains, with Shopify, Microsoft, Salesforce, and Palantir among the notable winners. Memory stocks and semiconductors weakened, while crude oil continued lower and pressure remained on energy shares. Investors should watch bond yields, commodity weakness, and key support levels in energy, while recognizing that the long weekend may create a modest bullish bias despite very thin trading conditions.

Stephen Whiteside
Thursday, July 2, 2026

Morning Market Outlook 20260630

Stephen Whiteside reviews the market heading into the final trading day of the month and quarter, noting that end-of-quarter window dressing likely influenced Monday’s activity. With Canada Day and the U.S. Independence Day creating shortened trading weeks, he expects lighter volume and relatively quiet market action. While the NASDAQ continues to lead modestly higher and commodities are slightly positive, he points out that there are no major economic reports expected until consumer confidence is released later in the morning.

The analysis highlights strength in cybersecurity and semiconductors, while Canadian telecom, materials, gold miners, and silver miners remained weak. Stephen reviews key technical levels for actively traded Canadian and U.S. stocks including BlackBerry, NVIDIA, Tesla, Amazon, Bitcoin, and the VIX, identifying potential buy and sell signals along with important price targets. He concludes by reminding viewers that disciplined trend following and proper market timing remain the foundation of successful investing.

Stephen Whiteside
Tuesday, June 30, 2026

Morning Market Outlook 20260629

Stephen Whiteside reviews the market outlook for Monday, June 29, highlighting a shortened holiday week and month-end trading conditions that historically favor a modest bullish bias. Stock index futures are pointing higher, led by the NASDAQ, while crude oil is higher and precious metals are weaker. Despite the positive start, the VIX remains in a neutral range, major indexes are showing mixed signals, and the overall market continues to lack a strong trend.

The presentation also examines sector leadership, commodities, currencies, and individual stocks. Stephen discusses weakness in gold, silver, energy, and semiconductors while noting strength in cloud computing, software, Shopify, BlackBerry, and Microsoft. He concludes by reviewing Bitcoin and Ethereum, emphasizing disciplined risk management, price targets, and the importance of following market trends rather than emotions.

Protect Your Portfolio 20260628

Stephen Whiteside reviews the market heading into a holiday-shortened week and notes that while seasonal factors typically provide a bullish backdrop, investors should remain cautious. Canadian markets experienced few major trend changes, but weakness spread through telecoms, base metals, small caps, and energy. In the U.S., money continued rotating into defensive sectors, with bond and utility ETFs generating weekly buy signals while consumer discretionary, telecom, metals, and mining stocks moved back onto weekly sell signals.

The video also highlights growing weakness among major technology stocks, with NVIDIA breaking below $200 and facing lower downside targets. Commodities including gold, silver, crude oil, and cryptocurrencies remain under pressure, while the VIX continues signaling elevated market uncertainty. Stephen concludes that geopolitical tensions and deteriorating market breadth make this an unusually risky environment, warning that many stocks could experience significant declines in the months ahead.

Stephen Whiteside
Sunday, June 28, 2026

Morning Market Outlook 20260626

Stephen Whiteside reviews the weekly market picture heading into Friday by analyzing longer-term charts for major asset classes and indexes. Commodities remain under pressure, with crude oil, gold, and silver all posting significant weekly declines. Despite commodity weakness, the TSX continues to outperform while the S&P 500 is nearing a potential weekly sell signal. The NASDAQ and semiconductor sector remain comparatively stronger, although NVIDIA is approaching a weekly sell signal after falling back below the $200 level. Meanwhile, the VIX is strengthening, signaling increasing market caution.

The video also examines the previous trading session, highlighting how Micron earnings initially boosted markets before Apple reversed sentiment with a sharp decline. Stephen reviews notable winners and losers across U.S. and Canadian markets, discusses downside price targets for NVIDIA, Bitcoin, and Ethereum, and explains why a confirmed breakout in the VIX would strengthen the bearish outlook. He concludes by noting continued weakness in technology stocks while encouraging viewers to monitor trend changes heading into the weekend.

Stephen Whiteside
Friday, June 26, 2026

Morning Market Outlook 20260625

Stocks are set for a strong opening as technology shares lead the market higher following positive developments from major chip companies. Stephen Whiteside highlights stronger pre-market action in the NASDAQ, S&P 500, and Dow, driven primarily by IBM’s chip announcement and Micron’s earnings, while noting that upcoming economic data has recently taken a back seat to semiconductor-related news.

The video also reviews technical signals across major asset classes, including the NASDAQ, VIX, currencies, commodities, cryptocurrencies, and sector ETFs. Weakness continues in precious metals, energy, and mining stocks, while select equities such as Shopify, Home Depot, and Booking show relative strength. The session concludes by emphasizing that semiconductor leadership remains the key factor driving the current market rebound.

Stephen Whiteside
Thursday, June 25, 2026