Today’s Morning Market Outlook from Stephen Whiteside of TheUpTrend.com provides a comprehensive overview of the stock market, focusing on the Dow 30 and the Magnificent Nine stocks. Whiteside discusses the market’s reaction to the latest earnings reports, crude oil inventory data, and the performance of key stocks such as UnitedHealthcare, Amazon, Broadcom, Meta, Microsoft, Nvidia, Shopify, Tesla, Celestica, and Palantir. He highlights notable price targets, daily and weekly sell signals, and the potential for further gains or losses based on technical analysis.
The report also underscores the importance of market timing, noting significant moves in the NASDAQ 100, particularly among big-cap tech stocks. Despite positive momentum in many sectors, several Dow 30 stocks remain on daily sell signals, reflecting a mixed market environment. Whiteside concludes with a reminder to visit TheUpTrend.com for more insights on how to effectively time the stock market.
Stephen Whiteside
Wednesday, May 14, 2025
