In today’s stock market update, Stephen Whiteside from TheUpTrend.com provides an overview of current market trends, including the Nasdaq’s struggle and the broader tech sector’s performance. He discusses various stocks such as AMD, Alphabet, Apple, and FMC, noting sell signals and price movements. The VIX and US Dollar index are also key indicators, with potential implications for the broader market. Despite some volatility, certain stocks like Costco and Palantir are holding strong, showing gains into the close.
The presentation also covers various sectors, from financials to energy and commodities, with notable mentions like TMX Group, Shopify, and Kinaxis. The report concludes with updates on precious metals and energy prices, including crude oil and copper. Whiteside’s analysis stresses the importance of following market trends for optimal timing, particularly for stock market timing services. Viewers are encouraged to engage with the content by liking, commenting, sharing, and subscribing for more insights on market movements.
Stephen Whiteside
TheUpTrend.com
Wednesday, February 5, 2025
