Stephen Whiteside reviews a quiet pre-market ahead of key inflation data and energy inventory reports that could influence market direction. He highlights IBM’s sharp decline offsetting gains from Goldman Sachs, notes SpaceX testing support near its $135 IPO level, and explains that the VIX remains on a sell signal while Bitcoin and Ethereum continue to trade on buy signals. Currency and bond markets remain largely unchanged, with the U.S. dollar maintaining strength against most major currencies.
The video also examines sector rotation, with copper miners and global metals returning to buy signals while healthcare-related sectors moved back to sell signals. Stephen reviews the TSX and U.S. market’s most active stocks, identifying new buy and sell signal opportunities, important price targets, and stocks approaching key technical levels. He concludes that the market appears set for a quiet open while emphasizing the importance of following trends and respecting technical signals.
Stephen Whiteside
Wednesday, July 15, 2026
