In Tuesday morning’s stock market update, Stephen Whiteside from TheUpTrend.com reported a quiet start to the trading day, with stock index futures slightly below fair value and commodities trading mixed. He noted no major economic news expected until Wednesday, and highlighted sector performance from Monday, where semiconductors outperformed in the U.S. and base metals led in Canada. Notable stock movers included Cameco, Endeavour Silver, Boeing, and Enphase Energy, with the latter continuing its downtrend despite a temporary bounce.
Bitcoin made headlines by returning to a buy signal as of Monday’s close, with major Bitcoin ETFs flipping bullish and bear ETFs moving to sell signals. Stephen reviewed price targets for Bitcoin and discussed key crypto stocks like Bit Digital, Coinbase, Galaxy, and MicroStrategy, many of which have also returned to buy signals. He emphasized the importance of timing and trend-following, closing the video with an invitation to viewers to like, share, and subscribe for more actionable market insights.
Stephen Whiteside
Tuesday, June 10, 2025
