In today’s market update, Stephen Whiteside reviews the mixed performance of major indices heading into the weekend. While the Dow, S&P 500, and Nasdaq showed modest declines, semiconductors and energy stocks gained, with gold reaching a new all-time high. Despite September’s reputation for volatility, the VIX has yet to break out significantly, though it sits on the edge of new daily buy signals. Several global and sector ETFs, including European markets, financials, and retail, have shifted to sell signals, while Bitcoin ETFs and related stocks also experienced renewed weakness.
Stephen also highlighted notable stock moves, such as Lithium America’s surge, Carmax’s sharp decline, and Blackberry’s breakout above resistance. On the TSX, gold and silver stocks tumbled, while Air Canada and Algoma Power continued their downtrends. Wrapping up, Stephen offered trade management tips, including short-covering strategies for American Airlines. He closed with a reminder about his weekend update for subscribers and reinforced the importance of stock market timing and following the trend.
Stephen Whiteside
Friday, September 26, 2025
