Stephen Whiteside opens with an update explaining that TheUpTrend’s public website was temporarily compromised but has now been fully restored. He emphasizes that the marketing website is separate from the secure member site and that no customer payment information was exposed. He also shares some of the challenges of working through the recovery process with Cloudflare and AWS before shifting focus to the day’s market outlook.
The market discussion centers on mixed pre-market futures, the upcoming remarks from the new Federal Reserve chairman, and continued weakness in semiconductor stocks led by South Korea and Nvidia. Stephen reviews recent market volatility following what he describes as a pump-and-dump cycle, examines crude oil, energy, volatility indexes, and key technical price targets, while warning that Canada’s banking sector may be developing its own market bubble. He concludes by reminding viewers that geopolitical uncertainty continues to create risks despite pockets of market strength.
Stephen Whiteside
Wednesday, July 29, 2026
