In Friday’s morning market outlook, Stephen Whiteside from theuptrend.com reviewed the week’s market performance, noting weakness across major indices while the VIX remained on a buy signal—keeping the long-term outlook bearish. The S&P 500, Nasdaq, and semiconductors all declined sharply, while the TSX held up slightly better with strength in energy stocks. Gold and crude oil traded mixed, with gold showing potential for a buy signal and crude oil still on a weekly sell. Bitcoin broke below the key $100,000 level, signaling renewed downside pressure in the crypto sector.
Whiteside also examined sector performance and key stocks, highlighting weakness in the ARK Innovation ETFs and major U.S. tech names like NVIDIA and Palantir, which moved back onto sell signals. Energy names such as Suncor and Enbridge showed relative strength, while financials and telecoms hovered near buy signal levels. The session closed with a reminder that market timing and following the trend remain essential for navigating market volatility heading into the weekend.
Stephen Whiteside
Friday, November 7, 2025
00:00 Welcome to Friday Morning Market Outlook
00:10 Pre-Market Overview: Stocks Down, Gold and Oil Up
00:21 Weekly Chart Review and Market Setup
00:33 VIX Buy Signal Keeps Long-Term Outlook Bearish
00:45 Major Indices Show Potential Market Top
01:17 Weekly Performance: S&P, Nasdaq, TSX, and Energy
01:48 Gold and Crude Oil Weekly Trends
02:12 Bitcoin Slides Below $100,000
02:23 VIX and Short-Term Market Sentiment
02:44 Crypto Breakdown: Bitcoin, Ethereum, Coinbase, and Miners
03:23 Energy and Commodity Update
03:59 U.S. and Canadian Energy Sector Highlights
04:18 Gold, Silver, and Copper Setup for Friday
04:39 Mining Stocks Mixed as Metals Consolidate
05:14 ARK Innovation ETFs Turn Bearish
06:26 Market Leadership Shifts: Fintech vs. Industrials
07:03 TSX Most Active Stocks: Enbridge, Suncor, TransAlta
07:54 TELUS and TC Energy Near Buy Signals
08:16 TD Bank and Air Canada Technical Levels
08:37 U.S. Most Active Stocks: NVIDIA, Snap, Pfizer, Tesla
09:33 Tech Weakness: Palantir, AMD, and Sofi on Sell Signals
10:28 Closing Remarks and Weekend Preview
10:51 Outro: Support, Subscribe, and Visit theuptrend.com
