In today’s Morning Market Outlook, Stephen Whiteside discusses the impact of recent market activity leading into the holiday-shortened week. He reviews key stock indices, including the TSX, Dow, Nasdaq, and Russell 2000, noting volatile trading and short-term bearish trends. Special attention is given to big-cap tech stocks like Apple, Nvidia, and Tesla, with updates on their current performance. Whiteside highlights important price levels, moving averages, and sell signals, offering actionable insights for traders.
Additionally, he analyzes major currencies and bonds, observing trends in the US dollar, euro, and yen, alongside bond market dynamics. Updates on actively traded stocks, including Shopify, Lucid, and Intel, and Canadian companies like Enbridge and Air Canada, reveal no significant trend changes. The video concludes with season’s greetings and a reminder to follow TheUptrend.com for more detailed updates and resources.
Stephen Whiteside
TheUpTrend.com
Friday, December 6, 2024
