Morning Market Outlook 20260610

Tuesday’s trading session confirmed the market’s bearish bias following Monday’s inside day. Major indexes broke below Friday’s lows, triggering further downside movement, while the NASDAQ reached its next downside target before bouncing. The VIX moved above a key resistance level intraday, cryptocurrencies weakened, and commodities remained under pressure, with gold continuing its decline and crude oil showing only modest strength in the pre-market.

Sector performance was mixed, with home builders leading while semiconductors lagged. Energy stocks generated sell signals on both sides of the border, gold stocks continued making new lows, and several major stocks, including Apple and Tesla, remained under pressure. With CPI data and U.S. oil inventories scheduled for release, the market’s next move will likely depend on incoming economic data and whether key support levels can hold.

Stephen Whiteside
Wednesday, June 10, 2026

Morning Market Outlook 20260608

Good morning,

Unfortunately, due to technical difficulties, I am unable to post a video this morning.

While Friday was a tough day for the stock market, it certainly wasn’t unexpected. At this point, it remains a one-day event. We need to see additional negative price action before we can confidently call it a trend.

The VIX spiked to 21.88 on Friday. As I’ve mentioned previously, I believed the VIX would need to break above this level before the overall tone of the market changed. Despite Friday’s move, the VIX Bull ETFs remain on sell signals.

As the VIX moved sharply higher, the broader market moved lower. Friday’s trading action generated a significant number of new sell signals across the major indexes. The TSX 60 and the Dow 30 managed to hold up reasonably well, while most other major indexes generated sell signals.

At the same time, futures are pointing higher on Monday morning.

There is absolutely nothing wrong with sitting on your hands this morning. If you’re overly bearish, you may want to use this rally to sell into strength. If you’re overly bullish, check your symbols in the pre-market just before the open and see if they have moved back into the Right Side Channel. If they have, I would still be inclined to sit on my hands and wait for additional confirmation. Patience is a perfectly reasonable strategy this morning.

Personally, I’ll likely be doing a combination of both.

As I write this, NASDAQ 100 Futures are up 469.80 points. I’ll be watching closely to see if the market can retrace more than 50% of Friday’s losses. For the NASDAQ 100, that level comes in at 730.87 points. So far, we’re nowhere near that number.

That’s all for now.

Stephen Whiteside

Monday, June 8, 2026

Morning Market Outlook 20260605

Stephen Whiteside reviewed the final trading day of the week by analyzing weekly charts across major North American markets. The TSX led performance by reaching a new high, supported by strong gains in the energy and financial sectors. U.S. markets showed mixed results, with the Dow Jones posting a new high while the S&P 500 and NASDAQ lagged. Volatility remained subdued, with the VIX continuing to trade below key resistance levels.

The video also highlighted strength in semiconductors and crude oil, while gold remained largely unchanged. Bitcoin continued to weaken, testing key psychological support near $60,000. Among major technology stocks, Broadcom generated a new sell signal, Meta returned to a buy signal, and Nvidia remained under pressure despite recovering from intraday weakness. Overall, the market remains focused on AI and data center themes rather than traditional economic data.

Stephen Whiteside
Friday, June 5, 2026

Morning Market Outlook 20260604

The market outlook for June 4, 2026, points to growing weakness in the technology sector, with the NASDAQ under pressure in pre-market trading while the Dow is being supported by strength in IBM and Walmart. Broadcom is experiencing a sharp decline, adding to concerns about large-cap tech stocks. While jobless claims are scheduled for release, recent economic data has had limited influence on market direction. The VIX remains on a sell signal, which continues to support higher stock prices, although that situation could change quickly.

Energy remains one of the strongest areas of the market, with crude oil, energy stocks, and related ETFs generating buy signals in both Canada and the United States. Meanwhile, financials, silver miners, several technology names, and selected international markets are showing signs of weakness. The presentation highlights key price targets, potential sell signals, and areas where traders should remain cautious as the market navigates a possible rotation away from technology and toward energy-related investments.

Stephen Whiteside
Thursday, June 4, 2026

Morning Market Outlook 20260603

Stephen Whiteside’s June 3rd market outlook highlighted a relatively quiet pre-market session with mixed stock index futures and commodities. Crude oil continued to strengthen near the $100 level, supporting bullish momentum in energy stocks, while gold traded lower. The video emphasized that semiconductors led the market higher on Tuesday, while cryptocurrencies experienced significant weakness, with Bitcoin and Ethereum both breaking lower support levels and inverse crypto ETFs moving higher.

The analysis also focused on sector rotation and key technical levels across Canadian and U.S. markets. In Canada, energy, financials, and materials showed leadership, while U.S. utilities, industrials, and semiconductors posted strong gains. Several major stocks including BlackBerry, Hewlett-Packard, Marvell, Plug Power, and Supermicro reached new highs, while Google, Intel, and crypto-related assets struggled. The presentation reinforced the importance of trend-following and technical signals for navigating current market conditions.

Stephen Whiteside
Wednesday, June 3, 2026

Morning Market Outlook 20260602

Stephen Whiteside’s June 2nd market outlook highlights a mixed pre-market environment with major technology names continuing to dominate investor attention. Hewlett-Packard Enterprise and Marvell are both surging sharply higher ahead of the open, while broader index futures remain slightly below fair value. Cloud computing led market gains in the previous session, while gold stocks underperformed. The VIX remains subdued, supporting bullish momentum despite ongoing sector rotation.

The presentation also focused heavily on changing technical signals across key sectors and stocks. Several financials, regional banks, consumer discretionary names, and pharmaceutical stocks shifted to sell signals, while Nvidia returned to a buy signal and Shopify continued pushing toward higher price targets. Whiteside also discussed weakness in Bitcoin and Ethereum, mixed commodity performance, and the importance of using weekly charts when tracking overseas ETFs such as India’s Nifty 50 due to increased market volatility and price gaps.

Stephen Whiteside
Tuesday, June 2, 2026

Morning Market Outlook 20260601

In this morning market update, Stephen Whiteside analyzed the strong bullish momentum that carried markets through May, with technology and semiconductor stocks continuing to outperform. The Dow was indicated higher in the pre-market due to strength in IBM, Microsoft, and NVIDIA, while the NASDAQ 100 and semiconductor sector posted some of the month’s strongest gains. The presentation also reviewed standout performers and laggards across North American markets, reinforcing the dominance of AI and chip-related investments.

Whiteside then shifted attention to commodities and technical trading signals, providing insight into crude oil, natural gas, copper, gold, silver, and uranium. He explained that while some precious metal sectors generated early buy signals, traders should remain patient until stronger technical confirmation develops. The video emphasized trend-following strategies, support and resistance levels, and sector-specific opportunities that could emerge if commodity prices continue stabilizing in the weeks ahead.

Stephen Whiteside
Monday, June 1, 2026

Protecting Your Portfolio 20260531

This weekend’s presentation focused on the strong bullish momentum currently driving global equity markets, particularly in semiconductor and AI-related sectors. Stephen Whiteside reviewed the continued strength in the SMH ETF along with major chip stocks including AMD, Qualcomm, and Micron, while also identifying important resistance targets for major U.S. indices such as the NASDAQ 100 and Vanguard Total Market ETF. The VIX continued moving lower during the week, reinforcing a bullish backdrop for equities heading into month end.

Despite the strength in headline indices, Whiteside pointed out significant weakness beneath the surface in several key sectors. Energy, financials, consumer stocks, and gold shares continue to struggle or move sideways, while many retail and restaurant stocks remain under pressure. The presentation also covered important technical support and resistance levels across U.S. and Canadian ETFs, emphasizing how traders should monitor weekly buy and sell signals in the coming sessions.

Stephen Whiteside
Sunday, May 31, 2026