In this Monday morning update, Stephen Whiteside from TheUpTrend.com reviews the stock market’s performance and offers insights on potential trends as the quarter and year end. He emphasizes the importance of observing key breakout or breakdown levels to determine market direction. Whiteside discusses signals for major indices like the S&P 500, Nasdaq, TSX 60, and several active stocks, advising patience and confirmation before making trades.
He also highlights specific stocks, including Boeing, Nvidia, Tesla, and others, along with the VIX’s behavior. The discussion touches on the “Magnificent Seven” ETF and provides guidance on interpreting buy and sell signals. Whiteside concludes with tips for navigating market timing and urges viewers to follow trends, stay informed, and leverage his platform for expert insights.
Stephen Whiteside
TheUpTrend.com
Monday, December 30, 2024
