This morning’s video discusses market trends, focusing on the pre-market state and specific stock movements. While the broader stock market has mixed signals, the technology sector, particularly Netflix, is seeing significant investment. Gold and gold-related stocks are performing strongly, with targets for further gains discussed, while energy stocks remain volatile and largely trendless. Additionally, the video highlights key differences in stock performance, including Canadian Natural Resources, Barrick, and Aritzia, with detailed technical analysis on their respective charts.
The presenter emphasizes the importance of timing and trend-following in the stock market, noting supportive signals for higher stock prices due to factors like currency movements and bond market trends. Standout stocks like Aritzia and Baker Hughes are highlighted for their bullish trends, while stocks like Apple and Nike face downward pressure. Closing with actionable insights on market timing, the video encourages viewers to subscribe for more market updates.
Stephen Whiteside
TheUpTrend.com
Wednesday, January 22, 2025
