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
