In today’s quiet pre-market update, Stephen Whiteside reviews notable movers like Nike and Oracle, explaining why both remain unattractive despite pre-market action. Nike’s sharp drop follows a bearish reversal and resistance at the Fly Paper Channel, while Oracle continues to form lower highs and lows, failing to signal a trend reversal.
Stephen then surveys the broader market, noting modest weekly declines across major indexes, steady VIX behavior, mixed sector performance, and strength in gold and silver. He highlights key technical levels in stocks like NVIDIA, Shopify, and Micron, concluding that holiday conditions are keeping markets subdued ahead of the weekend.
Stephen Whiteside
Friday, December 19, 2025
