In today’s market update, Stephen Whiteside from TheUpTrend.com discusses the pre-market downturn led by big-cap tech stocks, with the Dow dropping 440 points. While no major economic data is expected on Monday, key reports throughout the week could impact market direction. The VIX remains elevated, signaling continued volatility, while leveraged ETFs, particularly bearish ones, have been performing well. Small-cap stocks continue to struggle, and Canadian markets, though more stable, face downward pressure.
Whiteside analyzes major tech stocks, noting new lows for Amazon, Tesla, and Nvidia, while Alphabet and Apple show potential buy signals. Bitcoin and Ethereum saw weekend volatility but remain under pressure. The video concludes with an emphasis on stock market timing, encouraging viewers to follow trends and stay informed. For more insights, viewers are directed to TheUpTrend.com.
Stephen Whiteside
Monday, March 10, 2025
