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Stephen Whiteside from TheUpTrend.com provides a comprehensive overview of Tuesday morning’s market activity, highlighting key economic data releases scheduled for 8:30 AM that could impact stock index futures. Monday’s trading saw major indices gapping higher, with Amazon and Shopify leading gains while gold stocks like Newmont and Agnico Eagle experienced sell signals.

In the commodities sector, crude oil and gasoline exhibited bearish reversals, while natural gas remained stable. Precious metals like gold, palladium, and silver displayed mixed trends, with silver trading within a volatile range. Whiteside advises caution, noting that Monday’s market surge may have been a reaction high to China’s temporary tariff

Stephen Whiteside

Tuesday, May 13, 2025

Stephen Whiteside from TheUpTrend.com reports that US-China trade talks have accelerated, leading to a strong market rally on Monday morning. Stock index futures are up sharply, with the Dow climbing over a thousand points and the Nasdaq up over 800 points. Key economic data releases are expected on Tuesday and Thursday, which could potentially influence market momentum. The VIX remains on a sell signal, supporting higher stock prices, while major index ETFs like the TSX 60 and Vanguard Canada ETF are advancing toward recent highs.

Energy stocks are benefitting from higher crude oil prices, while gold is down $120, putting pressure on the gold sector. Notable US stocks such as Tesla, Lucid, Nvidia, and Ford are poised for strong trading days, while Canadian stocks like Suncor, Enbridge, and Canadian Natural Resources are also showing positive momentum. Air Canada is making significant gains, having filled key price gaps, while Barrick Gold may face selling pressure due to falling gold prices. Stephen reminds viewers that timing is critical in stock market trading and directs them to visit TheUpTrend.com for further insights.

Stephen Whiteside

Monday, May 12, 2025

In Thursday morning’s market update, Stephen Whiteside recaps Wednesday’s volatile trading session, which ended with a strong month-end reversal to the upside. The NASDAQ leads premarket gains, while gold, silver, and crude oil continue to slide — a trend that may weigh on the Canadian market. Meta and Microsoft reported strong after-hours gains, while Eli Lilly is down in premarket trading despite a strong showing the day before. Market participants are eyeing upcoming economic reports, including jobless claims and manufacturing data, which could shift momentum further. The VIX remains on a sell signal, supportive of higher stock prices.

Stephen walks through market action in the TSX, Dow, S&P 500, and NASDAQ 100. Notable gainers include Gildan Activewear, Metro, Verizon, and Regeneron. Many indexes are pushing through key resistance levels like moving averages and the Flypaper Channel, suggesting bullish potential into early May. The session closes with a reminder that both the end and beginning of the month often exhibit a bullish bias due to automatic fund inflows. Viewers are encouraged to follow the trend and explore tools at TheUpTrend.com for more informed stock market timing.

Stephen Whiteside

Thursday, May 1, 2025

In Wednesday’s premarket video, Stephen Whiteside discusses a mixed open for the markets amid key economic reports and major earnings announcements. He highlights the ADP employment data, GDP figures, and crude oil inventory as important catalysts for the day. Oil and natural gas have reversed signals, with energy stocks struggling despite previous buy signals. The VIX remains on a sell signal, generally supportive of higher stock prices.

Stephen also reviews major ETFs and individual stocks, noting that many are encountering resistance at moving averages or open gaps. Key names like Nvidia, Amazon, Apple, and Tesla show potential but remain range-bound. On the Canadian side, big banks like Royal Bank, TD, and Bank of Nova Scotia are hitting new highs or resistance levels. He ends by pointing out that month-end bias may provide a temporary bullish buffer and urges caution amid a lack of corporate guidance, a possible signal of softening expectations going forward.

Stephen Whiteside

Wednesday, April 30, 2025

In today’s Tuesday morning update, Stephen Whiteside of TheUpTrend.com discusses a mixed pre-market environment with the Dow slightly higher and the S&P and NASDAQ trading lower. He steps back from short-term analysis to focus on midterm trends, using the Daily Midterm Chart to track broader market direction. While most major U.S. indices are currently on buy signals, key momentum indicators have yet to break above the “waterline,” suggesting more work is needed before a full bullish trend is confirmed. Bonds have been rising recently, possibly due to a pause in foreign selling, and yields are retreating.

Stephen also reviews sectors and markets including the Canadian TSX 60, energy, financials, gold, infotech, real estate, and telecom. While many are on buy signals, momentum remains cautious. Bitcoin and several crypto-related stocks such as Coinbase and MicroStrategy are showing strength, while others like Hive and Hut 8 lag behind. Stephen concludes by noting that late April buying is typical, but the market remains under key resistance. The video wraps with encouragement to visit TheUpTrend.com to learn more about timing the stock market.

Stephen Whiteside

Tuesday, April 29, 2025

In Friday’s premarket update, Stephen Whiteside from TheUpTrend.com analyzes the market’s cautious start and highlights key developments going into the final trading day of the week. Despite minor weakness in the futures, no major economic data is expected to disrupt the session. Stephen discusses notable stock movements including Alphabet’s near 5% rally, Apple’s modest dip, and bullish setups with higher lows forming across several charts. Weekly performance for the Dow, S&P 500, Nasdaq 100, and TSX is reviewed, along with buy and sell signals among Dow 30 components and most active stocks in the U.S. and Canadian markets. With month-end approaching, Stephen shares insights on potential bullish bias, overhead resistance levels, and what to watch for in gold, crude oil, and volatility.

Stephen Whiteside

Friday, April 25, 2025

In Thursday’s premarket update, Stephen Whiteside from TheUpTrend.com reviews a volatile market following a mid-week bearish reversal day. Despite a strong open on Wednesday, a wave of selling into the close generated numerous bearish reversal signals, including for the Vanguard Canada ETF and the iShares Global 100. However, many stocks still managed to close higher, making the reversal only moderately significant. Thursday’s jobless claims report is expected to influence the market’s next direction, and traders are watching for confirmation of Wednesday’s signals via a lower close.

Stephen also highlights sector-specific and stock-specific developments, including mixed earnings reactions and technical buy/sell signals. Tesla remains on watch for a breakout above $253.25, while IBM and American Airlines continue to trade lower. Canadian financials showed strength, and semiconductors, small caps, and micro caps generated new buy signals. Gold reversed sharply on Wednesday but rebounded in the premarket, and the VIX continues to drift lower. Overall, while Thursday opens with slight weakness, the market remains in a wait-and-see mode pending further confirmation.

Stephen Whiteside

Thursday, April 24, 2025