Category: Uncategorized

In Thursday morning’s market update, Stephen Whiteside highlights a weaker tone in the premarket as stock index futures and bonds both trend lower. Key economic reports, including jobless claims, could sway market direction throughout the day. TD Bank reported earnings with mild upside, while the bond market continues to slide, pressuring equities. The TLT dropped further in premarket trading, and the U.S. dollar index reversed to a sell signal. Major indices like the Dow broke out of their normal range, triggering caution signals. Commodity stocks—silver, gold, and copper miners—were among the few winners, while transport, regional banks, and tech were the biggest laggards.

The VIX spiked, putting volatility back on the radar. Bitcoin surged, trading near 112,500, while gold retreated slightly after a strong move. Among major stocks, Apple and Shopify issued new sell signals, while Alphabet and Broadcom showed strength. Tesla continues to struggle at resistance, adding to market caution. The Canadian information technology sector was the biggest local loser, down over 2%. Stephen closes the presentation with a reminder to monitor market reactions to economic data and bond yields.

Stephen Whiteside

Thursday, May 22, 2025

In Wednesday’s premarket update, Stephen Whiteside from TheUpTrend.com notes that while stock index futures are down, the move remains within a normal range, and there are no significant economic reports to sway the market early in the session. He reminds viewers of the importance of donating blood, particularly for men with cardiovascular history, and even offers discounts to donors. Market commentary includes Target’s underperformance compared to peers like Costco and Dollar Tree, as well as a steady VIX indicating no major fear among traders.

The update covers a variety of market sectors: commodities like copper remain mixed, with copper miners on a buy signal, while gold and silver have both bounced back with strong premarket performance. Energy remains bullish with crude and gasoline on buy signals. Stephen also reviews Canadian and U.S. energy stocks, noting potential sell signal levels. Among major ETFs and indices, Agnico-Eagle was a big winner in Canada, while Shopify and Ivanhoe Mines underperformed. In the U.S., UnitedHealth, Moderna, and Regeneron led gains, while American Express, Fair Isaac, and Airbnb lagged. The overall tone suggests watching for potential weakness, but nothing alarming unless selling accelerates.

Stephen Whiteside

Wednesday, May 21, 2025

In this Tuesday morning market update, Stephen Whiteside from TheUpTrend.com provides a comprehensive overview of the current market conditions. With no major economic news scheduled, futures and commodities were mixed in the pre-market. The VIX indicators for the S&P 500, NASDAQ, and Russell 2000 remain on sell signals, suggesting continued support for higher stock prices. Despite early warning chevrons signaling potential market bottoms, no confirmed bullish signals have emerged yet.

Stephen reviews key benchmarks including the TSX, Dow, S&P 500, and NASDAQ 100, highlighting each index’s average true range and explaining what levels of volatility would raise investor interest. He also examines the most active U.S. stocks such as Nvidia, UnitedHealthcare, Tesla, and Amazon, discussing potential breakout and breakdown levels, early warning signals, and key price targets. Overall, the tone is cautious but constructive, with attention to critical price points and volatility signals for short-term trading decisions.

Stephen Whiteside

Tuesday, May 20, 2025

Stephen Whiteside from TheUpTrend.com provides a comprehensive Friday morning market update ahead of a long weekend in Canada. Despite lighter trading volumes, major indices are showing gains with the S&P 500 up 4.54% and the NASDAQ up over 6% for the week. While some Dow 30 stocks, such as Boeing, Disney, and Goldman Sachs, are showing strong performance, nearly half of the Dow 30 stocks are struggling to break through resistance, including Apple, Amgen, and Verizon. Stephen advises caution, recommending half positions as the market remains overbought.

The energy sector is experiencing a pullback, with key stocks like Enbridge, White Cap, and Canadian Natural Resources facing sell signals. Meanwhile, Nvidia, Tesla, and Lucid are highlighted as some of the most active stocks, with notable moves in both directions. Stephen concludes by reminding viewers of the importance of stock market timing and invites them to visit TheUpTrend.com for further insights.

Stephen Whiteside

Friday, May 16, 2025

TheUpTrend.com provides a comprehensive overview of market activity, focusing on key stock movements and economic events. He highlights Boeing’s major order, Walmart’s potential buy signal, and Footlocker’s acquisition. Additionally, Whiteside reviews market pullbacks in major indices, the performance of Magnificent Seven stocks, and upcoming economic data releases that could influence Thursday’s trading.

Stephen Whiteside

Thursday, May 15, 2025

Today’s Morning Market Outlook from Stephen Whiteside of TheUpTrend.com provides a comprehensive overview of the stock market, focusing on the Dow 30 and the Magnificent Nine stocks. Whiteside discusses the market’s reaction to the latest earnings reports, crude oil inventory data, and the performance of key stocks such as UnitedHealthcare, Amazon, Broadcom, Meta, Microsoft, Nvidia, Shopify, Tesla, Celestica, and Palantir. He highlights notable price targets, daily and weekly sell signals, and the potential for further gains or losses based on technical analysis.

The report also underscores the importance of market timing, noting significant moves in the NASDAQ 100, particularly among big-cap tech stocks. Despite positive momentum in many sectors, several Dow 30 stocks remain on daily sell signals, reflecting a mixed market environment. Whiteside concludes with a reminder to visit TheUpTrend.com for more insights on how to effectively time the stock market.

Stephen Whiteside

Wednesday, May 14, 2025

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