In Stephen Whiteside’s Friday morning update, he notes a quiet pre-market with stock futures trading near fair value, while commodities are down. Reflecting on a turbulent week in the market, he suggests watching Wednesday’s low as an exit indicator for trades initiated Thursday. Weekly data shows notable growth across major indices, with the Russell 2000 leading gains.
Stephen reviews performance trends in major stocks and indices, highlights reversals in bonds and the U.S. dollar, and reports on stock-specific activity, including Intel’s performance as it prepares to exit the Dow. He concludes with updates on individual stocks like Apple, Amazon, Boeing, and Canadian banks, noting any new buy or sell signals and encouraging members to look forward to his next update.
Stephen Whiteside
TheUpTrend.com
Friday, November 8, 2024
