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In today’s market analysis, Stephen Whiteside highlights the key factors impacting stock market trends, including the CPI numbers, the start of earnings season, and market behavior like lower highs and lower lows. He discusses oversold conditions on major indices, head-and-shoulder patterns forming, and significant gaps influencing the S&P 500, Nasdaq, and Russell 2000 indices. Market volatility is tied to movements in the US dollar, bond yields, and the VIX, with potential reversals needed to trigger sustained rallies.

Stephen reviews sector performance, noting Canadian and US energy stocks holding firm despite resistance, while financials, industrials, and real estate sectors are under pressure. Commodities like crude oil, gold, and copper showed mixed movements, with precious metal stocks struggling below key technical levels. He emphasizes the importance of timing and trend-following, inviting viewers to visit TheUpTrend.com for deeper insights.

Stephen Whiteside
TheUpTrend.com
Wednesday, January 15, 2025

Today’s video from TheUpTrend.com highlights a turbulent start to the week in financial markets. Pre-market data shows stock index futures declining, with the Nasdaq leading the drop. Commodities are mixed, with crude oil up 2% and gold down. Bitcoin also slid $3,000 in the pre-market. The week is expected to bring volatility, driven by significant economic reports, including PPI, CPI, jobless claims, and retail sales. Elevated fear levels are indicated by a buy signal for the VIX and its ETFs, hinting at bearish sentiment. Bonds continue to weaken, pushing yields higher, while junk bonds and financial stocks reflect risk-off sentiment. Major indexes like the Dow, S&P 500, and Nasdaq are all on sell signals, showing consistent lower highs and lows.

The video also dives into sector-specific movements. Financials, both in Canada and the U.S., are experiencing declines, with U.S. banks testing October lows. Energy and commodity markets present mixed signals, as crude oil rises while gold and silver miners face limited interest. The presenter emphasizes

Stephen Whiteside
TheUpTrend.com
Monday, January 13, 2025

In today’s video, Stephen Whiteside from TheUpTrend.com provides a detailed analysis of the current stock market trends following Friday’s significant downturn. He explains how breaking recent lows indicates potential challenges ahead for the market. Whiteside discusses rising bond yields, upward pressure on interest rates, and their negative implications for stocks and the Federal Reserve’s goals. He highlights commodity price increases, such as crude oil, natural gas, and gold, which may benefit the Canadian market but add downward pressure to global stock markets. Additionally, he delves into the Russell 2000 and the equal-weighted S&P 500 breaking critical support levels, signaling a bearish sentiment.

The analysis also covers sector-specific trends, including the underperformance of bank stocks, the rise in the energy sector, and the disconnect between commodity prices and commodity-related stocks during a market sell-off. Whiteside emphasizes risk management, encouraging investors to sell into strength regularly, citing Rigetti Computing as an example of the market’s volatility. He closes with a reminder of the importance of market timing and invites viewers to visit TheUpTrend.com for more insights.

Stephen Whiteside
TheUpTrend.com
Saturday, January 11, 2025

In this Friday morning update, Stephen Whiteside from TheUpTrend.com provides an overview of stock market trends and key developments influencing North American and global markets. While U.S. markets were closed for the Jimmy Carter Memorial, Canadian markets saw minimal movement despite higher trading in commodities. Whiteside highlights critical market indicators, such as the VIX, bond yields in North America and China, and the status of major tech stocks, including Apple, Amazon, Broadcom, Alphabet, and Tesla. Many stocks and ETFs are exhibiting bearish trends, with the pros losing control and prices projecting downward.

He also discusses chart patterns like triangles and reversal days, suggesting potential breakout or breakdown points for investors to watch. Whiteside emphasizes the importance of timing and trend-following for successful stock market investing. He concludes with projections for the Magnificent Seven stocks, including Meta, Microsoft, Nvidia, and Shopify, noting critical support and resistance levels that could signal shifts in market momentum.

Stephen Whiteside
TheUpTrend.com
Friday, January 10, 2025

Today’s video from Stephen Whiteside of TheUpTrend.com provides a detailed analysis of current market conditions as U.S. stock markets remain closed in honor of President Jimmy Carter. He highlights key movements in the bond market, where falling bond prices have driven yields higher, creating significant stress in the broader stock market. Stephen discusses elevated levels of the VIX or “fear index,” which suggests growing concerns among traders. He also provides insights into Canadian market dynamics, noting the differing market compositions between Canada and the U.S., with financial institutions playing a more dominant role in Canada.

Stephen also reviews major sectors and stocks, analyzing daily, weekly, and monthly trends for swing and position traders. He highlights opportunities in the energy and telecom sectors while warning about long-term bearish patterns in some areas. Stephen concludes by encouraging viewers to leverage tools like right-side charts to make informed decisions based on their trading style and timeframe.

Stephen Whiteside
TheUpTrend.com
Thursday, January 9, 2025

In this morning’s market update, Stephen Whiteside of TheUpTrend.com analyzes premarket activity, highlighting volatility across stock index futures, gold, and cryptos. He reviews Tuesday’s significant market movements, including sharp declines in the Nasdaq 100 and Canadian technology sector, spurred by rising bond yields. Major indices, Bitcoin-related stocks, and commodities like crude oil and gold are examined, with a focus on technical signals and trends influencing market sentiment.

Stephen discusses upcoming economic reports such as ADP employment and jobless claims, emphasizing their potential to drive market direction. He concludes with insights on key sectors like energy and metals, highlighting resistance levels and buy/sell signals. The update underscores the importance of timing and trend-following for navigating market fluctuations effectively.

Stephen Whiteside
TheUpTrend.com
Wednesday, January 8, 2025

In today’s morning market outlook, Stephen Whiteside from TheUpTrend.com highlights a positive premarket environment, with stock index futures, commodities, and Bitcoin trading above fair value. Key economic data releases include international trade at 8:30 AM, which could shift the market direction, followed by the JOLTS report and ISM data at 10 AM. Monday saw significant activity in the chip sector, with Nvidia hitting a price target of $150, while Micron led gains on the Nasdaq and S&P 500 but remains within a broader trading range. Bitcoin is back on a buy signal, signaling renewed bullish sentiment, while Canadian gold stocks and US real estate stocks lagged in performance.

The major North American index ETFs saw mixed movements, with technology stocks driving gains for the Nasdaq, while financials and consumer staples remained under pressure. Lucid was featured in a trading tutorial, showcasing a step-by-step approach to executing a trading plan and managing profit targets. Stephen emphasized the importance of timing and following trends in the market. He concluded with a reminder to visit TheUpTrend.com for resources on mastering stock market timing.

Stephen Whiteside
TheUpTrend.com
Tuesday, January 7, 2025

Stephen Whiteside from TheUpTrend.com delivers the Monday Morning Market Outlook, highlighting key trends and opportunities in the stock market. With stock index futures and commodities trading higher, the tech sector leads the way, signaling potential gains for big-cap tech stocks. Energy stocks remain strong following last week’s breakout in crude oil and natural gas prices. Meanwhile, the VIX remains on a sell signal, suggesting a supportive environment for higher stock prices. Bitcoin approaches the $100,000 level, with a potential buy signal, while bond market activity indicates falling prices and rising yields.

In the currency market, the US dollar holds firm while other currencies like the Canadian dollar show short-term gains. The analysis also covers major indices and ETFs, noting buy signal possibilities for key markets such as the S&P 500, Nasdaq, and Russell 2000. Energy and financial stocks like TD Bank and Enbridge are highlighted for their bullish moves. Stephen concludes by discussing most-active stocks, including Nvidia, Tesla, and Apple, providing insights into their trends and key levels to watch.

Stephen Whiteside
TheUpTrend.com
Monday, January 6, 2025