In Tuesday’s morning update, Stephen Whiteside from TheUpTrend.com covers key market developments heading into the end of July. He notes that next week will be a break week with no videos or chart updates, resuming over the weekend. This week, investors are watching a bullish month-end bias, upcoming economic reports, and a major Fed announcement on Wednesday. Boeing and Celestica are trading higher on earnings, while the VIX remains on a sell signal—supportive for higher stock prices.
In both Canadian and U.S. markets, energy stocks led on Monday while materials, real estate, and utilities lagged. Commodities showed weakness, with copper and silver sectors pulling back, and gold mixed across ETFs and miners. Crude oil, gasoline, and energy stocks showed strength, with Baytex and Diamondback emerging as notable winners. The market is expected to trade sideways until the Fed announcement Wednesday afternoon.
Stephen Whiteside
Tuesday, July 29, 2025
