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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

In Wednesday morning’s market update, Stephen Whiteside from TheUpTrend.com highlights a stronger-than-expected bounce in the markets, sparked by positive economic sentiment and news that Trump will not remove the Fed Chair. Pre-market futures are up, with supportive signals coming from declines in the VIX and a surge in commodities like crude oil and copper. The Canadian market is showing strength, particularly in the energy and financial sectors. Several key U.S. sectors including banks, biotechs, and retail ETFs have returned to buy signals, although major indices like the S&P 500 and NASDAQ 100 remain on sell signals—potentially poised to flip given the pre-market optimism.

Stephen also provides a detailed technical review of the Dow 30 stocks, highlighting buy signal thresholds and recent price action. While names like Apple, Amazon, and Microsoft remain weak, others such as JP Morgan, Coca-Cola, McDonald’s, and Walmart are gaining traction. The video ends with a reminder for short traders to cover positions if buy signals emerge, and encourages viewers to stay trend-focused. This update serves as both a market briefing and an educational tool for timing the stock market effectively.

Stephen Whiteside

Wednesday, April 23, 2025

In Tuesday morning’s premarket update, Stephen Whiteside from TheUpTrend.com highlights a global shift in investor sentiment and market behavior. While futures and commodities are trading higher, Whiteside cautions that Tuesday may simply be an inside day after Monday’s losses. He notes that the global uncertainty index has surpassed its COVID-era high, driven largely by political instability in the U.S., and that gold has reached a new all-time high while the U.S. Dollar continues to weaken. The VIX remains in its channel, and investor sentiment has turned extremely bearish, with 82% expressing a negative outlook according to Bank of America.

Whiteside emphasizes that international investors are increasingly turning away from the U.S. market, citing the rise of “de-dollarization” and the growing role of countries like Brazil in global trade. He also reviews key price targets and potential buy signals in Canadian and U.S. stocks, particularly within the energy and mining sectors. Despite short-term bounces, structural resistance levels like the Flypaper Channel and broader macroeconomic concerns could hinder any sustainable rally.

Stephen Whiteside

Tuesday, April 22, 2025

In this Monday morning update, Stephen Whiteside from TheUpTrend.com reviews the pre-market conditions, highlighting a broad decline in stock index futures led by the Nasdaq. Despite a slight pop in the VIX, it remains on a sell signal, suggesting diminishing market tension. Major economic reports are expected later in the week, while Netflix trades higher on a buy signal. Crude oil is down in pre-market, potentially offsetting recent buy signals in the energy sector. Gold continues to rise, signaling global stress, even if the VIX doesn’t reflect it locally. The U.S. dollar is down, and the Canadian dollar is up—no change in trend for either.

Stephen also examines sector and index performance, noting that Canadian markets are currently stronger than U.S. markets. Gaps left behind from recent declines remain a technical focus. While U.S. consumer discretionary is weak, staples are on a buy signal, reflecting investor caution. Gold stocks, especially Canadian ones, are performing well, and commodity prices like copper and precious metals are trending higher. Bond markets remain mixed. Stephen concludes by emphasizing the importance of market closes over opens, urging viewers to watch for professional buying signals at the end of the day.

Stephen Whiteside

Monday, April 21, 2025

This weekend’s Protect Your Portfolio update focuses on the ongoing shift in global economic power from the United States to China, driven by the consequences of the U.S. trade war and geopolitical instability. While U.S. markets experienced an “inside week” of indecision, countries like Brazil, Australia, and Canada are making new international trade deals, and foreign investment is gradually exiting the U.S. in favor of more stable regions.

Stephen highlights the growing investor distrust in U.S. leadership due to political corruption, poor economic management, and loss of global confidence. Gold reached an all-time high and bond markets saw inflows, signaling a risk-off environment. While traders can profit from short-term market moves, long-term investors may find better opportunities outside the U.S. as institutional money slowly reallocates globally.

Stephen Whiteside

Sunday, April 20, 2025