In today’s market update, Stephen Whiteside discusses the pre-market optimism and potential for an oversold bounce despite ongoing market declines. He reviews key indices, noting that the Russell 2000 has been on a sell signal for 17 weeks, while the S&P 500 and Nasdaq 100 continue their downward trends. Gold has surged past $3,000, while crude oil remains stable. Stocks like Tesla and Trump Media struggle, while bear ETFs continue to perform well.
He highlights notable stock movements, including Nvidia’s potential trend reversal, Apple’s continued decline, and Intel’s significant rally. Despite some buying at the open, market conditions remain uncertain, with investors watching for potential reversals. The video ends with a reminder of the importance of timing in stock market decisions and a call to action for viewers to engage with the channel.
Stephen Whiteside
Friday, March 14, 2025
