In this Monday morning market update, Stephen Whiteside from TheUpTrend.com reviews the calm start to the week despite geopolitical tensions in Iran and discusses how this impacts crude oil, gasoline prices, and energy stocks. He covers the status of major commodities like natural gas and gold, highlighting key support and resistance levels. Canadian and U.S. energy sectors, alongside gold mining stocks, are closely watched for potential trend shifts.
Stephen also analyzes key index ETFs for Canada and the U.S., noting recent sell signals for the S&P 500, NASDAQ, and Dow while semiconductors hold a buy signal. He wraps up with detailed insights on the most active stocks, including Nvidia, Tesla, Apple, and SoFi, reminding traders to watch for possible reversals and price targets. Overall, he emphasizes patience during low volatility as a larger market move may be on the horizon.
Stephen Whiteside
Monday, June 23, 2025
