Stephen Whiteside from TheUptrend.com delivers a Monday morning market update, highlighting ongoing market volatility with stock index futures down and the VIX climbing. He discusses the absence of major economic reports early in the week, while warning of potential reactions to upcoming events such as the Fed minutes and PPI later in the week. Markets globally followed the U.S. into a selloff, with the TSX breaking key support levels, energy stocks collapsing due to crude oil’s steep drop, and major U.S. indices showing signs of deeper corrections, all signaling a broad “risk-off” environment.
Whiteside emphasizes the ongoing breakdown in market cycles, especially in sectors like technology and energy, noting that pressure zones are extended and early recovery signals have failed. He analyzes key stocks, including Nvidia, Tesla, Apple, and Amazon, which all show further declines. While bear ETFs have seen significant gains, he reminds investors to remain respectful toward others suffering losses. He closes with an encouragement to continue using disciplined timing strategies and reminds viewers to like, share, and subscribe for more educational content.
Stephen Whiteside
Monday, April 7, 2025
