In today’s market update, Stephen Whiteside from TheUptrend.com discusses the current market conditions, including stock index futures and commodities. Global tensions, particularly regarding Russia, are affecting the stock market, while the Canadian market may perform better. He touches on key economic data, the potential impact of the Federal Reserve Chairman’s speech, and the seasonal behavior of the VIX. The major index ETFs and commodity markets are also analyzed, with an outlook on potential buy and sell signals in various stocks and commodities like gold, crude oil, and the Russell 2000.
Whiteside highlights specific price targets and signals for investors to watch closely, including a potential sell-off in the U.S. markets, while Canadian stocks like Suncor and Brookfield might see positive movement. He also examines potential market moves for individual stocks such as Nvidia, Tesla, and Apple, with attention to the latest patterns. The video concludes with a reminder for viewers to like, comment, and subscribe to stay updated with stock market trends and timing insights, emphasizing the importance of strategic decisions in navigating market fluctuations.
Stephen Whiteside
Monday, June 2, 2025