Category: Uncategorized

In today’s market update, Stephen Whiteside from TheUpTrend.com provides insights into the crypto market, the Magnificent Nine stocks, and the Canadian banking sector. Bitcoin is on a sell signal, dropping significantly in pre-market trading, while crypto-related stocks and ETFs remain under pressure. Among the Magnificent Nine, Apple struggles to break past $250, Nvidia reverses ahead of earnings, and Microsoft shows a bearish trend. Meanwhile, Shopify and Tesla exhibit some resilience despite overall market weakness.

In the Canadian banking sector, the Bank of Montreal is trading higher following earnings, while other major banks, including the Royal Bank and CIBC, remain under pressure. The TD Bank continues to show strength, with professionals maintaining control. Whiteside emphasizes the importance of stock market timing, trends, and professional involvement in trading decisions. He encourages viewers to stay updated by liking, sharing, and subscribing to TheUpTrend.com for more market insights.

Stephen Whiteside
TheUpTrend.com
Tuesday, February 25, 2025

In today’s stock market update, Stephen Whiteside from TheUpTrend.com discussed the market’s reaction to the German election results, with stocks showing early strength as the Nazi party failed to gain significant support. He highlighted key economic events for the week, including ADP non-farm payrolls and initial jobless claims. Nvidia’s performance, bond market movements, and currency fluctuations were also reviewed, alongside a technical analysis of major stocks such as Walmart, Tesla, and Amazon.

The discussion covered the TSX Most Actives, including Enbridge, Manulife, and Bank of Nova Scotia, with insights on sell and buy signals. Whiteside emphasized the importance of trend following and timing for effective market participation. He concluded by advising traders to take advantage of Monday’s early strength to sell into rallies where sell signals were triggered on Friday.

Stephen Whiteside
TheUpTrend.com
Monday, February 24, 2025

In this market update, Stephen Whiteside from TheUpTrend.com reviews the recent downturn in the stock market, triggered by Walmart’s earnings miss, which led to sell signals across major indices, including the Dow, S&P 500, and NASDAQ. The retail sector experienced significant declines, with Target hitting new 2024 lows and Costco also affected. Technical indicators show a bearish trend, with multiple sectors, including financials, energy, and gold stocks, falling into daily sell signals. The VIX spiked, signaling increased fear, and a continuation of the downtrend could erase a year’s worth of market gains within weeks.

Stephen also examines commodity markets, noting that crude oil remains weak, gold is testing key resistance levels near $3,000, and silver may soon generate a sell signal. Weekly charts indicate a mixed outlook, with volatility expected to dominate the year. While the end of the month often brings bullish tendencies due to automatic investments, this is not a guarantee of upward movement. Investors are urged to monitor key support levels closely as the market remains uncertain.

Stephen Whiteside
TheUpTrend.com
Sunday, February 23, 2025

In today’s market update, Stephen Whiteside from TheUpTrend.com provides an overview of the pre-market conditions and key market movements. While the Dow is down and NASDAQ is higher, commodities show mixed performance, with crude oil slightly down and gold holding gains. Stocks like Walmart and JP Morgan experienced significant declines, impacting indices like the Dow and S&P 500. Sector-wise, broker dealers, cybersecurity, and transports have slipped back into sell signals, while energy stocks remain resilient.

Stephen also highlights key stock performances, including Shopify, Palantir, and BlackBerry, which are at critical price levels. The TSX has been trading within a narrow range, and small-cap stocks are struggling to maintain momentum. As the week wraps up, investors are watching for potential sell signals in major indices. He reminds viewers of the importance of market timing and trend-following strategies and encourages them to visit TheUpTrend.com for deeper insights.

Stephen Whiteside
TheUpTrend.com
Friday, February 21, 2025

Stephen Whiteside from TheUpTrend.com covers the latest stock market movements in his Thursday morning update. He discusses the jobless claims report, which had little effect on a downtrending market at the open. Stephen highlights slight movements in key indices, including the S&P 500, NASDAQ, and Dow. Big-cap tech stocks like Meta and Palantir have experienced sell-offs, while Microsoft saw a slight rebound.

He also touches on trends in energy inventories and bond yields, which could impact future stock performance.

Commodities are also reviewed, with copper still on a buy signal and natural gas hitting a new high before pulling back. Gold and silver markets experienced minor fluctuations, and energy stocks are attempting to break through recent highs. Stephen signs off by encouraging viewers to subscribe and visit TheUpTrend.com for more stock market timing insights.

Stephen Whiteside
TheUpTrend.com
Thursday, February 20, 2025

Stephen Whiteside from TheUpTrend.com discusses pre-market stock movements on Wednesday, February 19, 2025. He highlights various market trends, including stock index futures trading below fair value and commodities like gold and crude oil performing strongly. Whiteside also mentions the Fed meeting minutes as a potential catalyst for market direction later in the day, along with observations on the VIX, bond yields, Bitcoin, Ethereum, and Canadian and US markets.

He covers notable stock movements, including the Dow, SPY, Nasdaq, and several companies like Intel, Nvidia, Palantir, and Tesla. Canadian stocks like Enbridge, Manulife, and Air Canada are also discussed. Whiteside emphasizes the importance of stock market timing, encourages viewers to subscribe to his channel, and invites them to visit TheUpTrend.com for more insights.

Stephen Whiteside
TheUpTrend.com
Wednesday, February 19, 2025

In today’s stock market update, Stephen Whiteside from TheUpTrend.com highlights market movements and key stock performances. While futures and commodities are trading above fair value in the pre-market, no major economic numbers are expected today. Intel is trading higher on takeover rumors, while Delta remains on a sell signal. Market support factors include a lower US dollar index, higher bond prices, and a VIX sell signal. The iShares TSX 60 and Vanguard Canada ETFs are near potential sell signals, while sectors like gold and energy show varying trends.

In the US markets, the NASDAQ 100 reached new highs, led by strong performances from Airbnb and Applovin. While major stocks like Meta and Nvidia showed continued upward trends, others such as Microsoft, Alphabet, and Amazon remained stagnant or weak. Stephen also reviewed stocks like Tesla, Shopify, and Procter & Gamble for their near-term trading outlooks. Viewers are encouraged to follow the trend for better stock timing strategies.

Stephen Whiteside
TheUpTrend.com
Tuesday, February 18, 2025

In today’s video, Stephen Whiteside from TheUpTrend.com analyzes the gold and gold stock market. He discusses the recent overbought conditions, noting a small pullback in gold prices and potential sell signals in individual gold stocks like Agnico Eagle and Franco-Nevada. Despite fluctuations, gold remains on a buy signal, and no major breakdowns have occurred.

He emphasizes that gold stocks don’t always mirror the movement of gold prices and highlights the influence of moon cycles on market changes when news is quiet. Stephen shares his plans to sell GDXU and await a bear ETF buy signal. Viewers are encouraged to time the market properly and follow trends for better outcomes.

Stephen Whiteside
TheUpTrend.com
Monday, February 17, 2025

In today’s Friday Morning Update, Stephen Whiteside from TheUpTrend.com discusses recent market trends as we head into a long weekend with a bullish bias. Key markets like the Dow, S&P 500, and NASDAQ are showing positive momentum, while commodities such as gold and crude oil also exhibit gains. However, bond yields remain a concern, with downward movement being crucial for supporting higher stock prices.

Whiteside highlights sector movements, noting Nvidia and Cisco as top Dow performers, and MGM and AppLovin leading the S&P and NASDAQ, respectively. The TSX 60 and mining stocks are also showing strength, with gold, palladium, and copper hitting new highs. Crude oil remains on a sell signal, while natural gas struggles near previous highs. The video ends with a reminder to follow trends to improve stock market timing and an invitation to subscribe to TheUpTrend.com.

Stephen Whiteside
TheUpTrend.com
Friday, February 14, 2025