The final trading day of the month brings a typically bullish tone, though earnings remain the main market driver. Stephen Whiteside reviews weekly charts showing mixed performance across sectors: gold and crypto under pressure, semiconductors leading gains, and the broader market slightly negative. He notes Meta’s recent breakdown, Apple and Amazon’s post-earnings momentum, and a generally hesitant volatility index (VIX) suggesting cautious optimism in equities.
In the commodities space, crude oil holds steady, gold remains on a short-term sell signal, and Bitcoin struggles to recover recent losses. Whiteside emphasizes the importance of monitoring key support and resistance levels during earnings season and concludes with light-hearted remarks about the Blue Jays and Halloween festivities. His reminder: in stock trading, timing and trend-following are essential to success.
Stephen Whiteside
Friday, October 31, 2025
