Morning Market Outlook 07122024

Morning Market Outlook 07122024

In today's video, Stephen Whiteside from TheUpTrend.com provides a market update for Friday morning. He reports that stock index futures are trading around fair value, with mixed commodity prices—crude oil higher and gold down. The market is currently calm ahead of the PPI numbers release and some major US bank earnings. Thursday saw significant market swings, with money moving from big-cap tech stocks to underperforming sectors. Whiteside highlights the Canadian market's performance, noting new highs in the TSX 60, mid-caps, and small caps, with notable gains in gold stocks and financials. In the US market, there was a rotation from big-cap tech to other areas, with key indices hitting price targets. He concludes by discussing the performance of major stocks like Apple, Amazon, and Tesla, and reassures that while big-cap tech stocks have pulled back, the overall market remains robust. Stephen Whiteside TheUpTrend.com Friday, July 12, 2024 [00:00:01]: Friday Market Overview [00:00:19]: Preview of PPI Numbers and US Bank Reports [00:00:49]: Thursday's Market Swing and Big Cap Tech Stocks [00:01:13]: Canadian Market Performance Highlights [00:01:57]: Key Stock Movements in Canadian Market [00:02:20]: US Market Analysis and Price Targets [00:03:14]: Money Flow in US Market [00:04:04]: Tech Stocks and Market Trends [00:04:34]: Performance of Magnificent Eight Stocks [00:06:31]: Market Rotation and Future Outlook https://theuptrend.com/morning-market-outlook-07122024/

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Episoder(202)

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22 Jul 20258min

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21 Jul 202510min

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18 Jul 20259min

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Thursday’s market update from Stephen Whiteside covers VIX action, U.S. and Canadian ETF trends, and key stock signals ahead of major economic data. Stay ahead with expert stock market timing insight ...

17 Jul 20256min

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Markets open mixed after Tuesday's tech-led gains. Dow slips back onto a sell signal, semis surge on Nvidia, and Bitcoin rebounds. Stephen Whiteside breaks it all down in this stock market timing upda...

16 Jul 20256min

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15 Jul 20257min

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