Market Insights: Tech Selloff, TSX Trends & Bitcoin Updates – Nov 28, 2024

Good morning, everyone. Stephen Whiteside from TheUpTrend.com provides a market update for Wednesday, July 3, 2024. Pre-market activity is quiet, with jobless claims data due at 8:30 am potentially influencing market direction. U.S. markets will close early today and remain closed Thursday for the July 4 holiday, while Canadian markets will be thinly traded. Key updates include Bitcoin's significant pre-market drop, the VIX holding steady, and mixed signals from major indexes. The S&P 500 and Nasdaq 100 hit new highs, while the Dow remained flat. In commodities, crude oil shows a bearish reversal, natural gas continues to decline, and gold might end the day on a buy signal. Stephen also reviewed several stocks, including Tesla's breakout, Apple's upward momentum, and Amazon hitting a target price of $200. Financial stocks led activity in the Canadian market. Stephen will not post updates on Thursday but will resume with charts tonight and a weekend update on Saturday. Stephen Whiteside TheUpTrend.com Wednesday, July 3, 2024 https://theuptrend.com/morning-market-outlook-07032024/

3 Juli 20248min

[00:00:00]: Introduction and Market Overview [00:01:02]: Micron and FedEx Market Updates [00:02:12]: Canadian Market and Miners Performance [00:03:17]: Bond Market and Currency Movements [00:04:20]: Big Cap Tech Stocks Overview [00:05:31]: Tesla's Performance and Future Targets [00:06:34]: Closing Remark s and Market Prediction [00:06:34]: Outro and Call to Action https://theuptrend.com/morning-market-outlook-06272024/

27 Juni 20247min

Morning Market Outlook for Tuesday, June 25, 2024 In his stock market update video, Stephen Whiteside of TheUpTrend.com discusses the mixed pre-market conditions with Dow futures down and Nasdaq and S&P 500 futures up. He mentions the volatility index (VIX) which suggests potential market nervousness. Whiteside provides a detailed analysis of sector performances, highlighting the strength in Canadian energy stocks and weaknesses in big cap chip stocks. He reviews specific stocks and indices, noting significant movements and potential buy or sell signals across commodities like crude oil, natural gas, and grains. Enjoy today's video. https://theuptrend.com/morning-market-outlook-06252024/

25 Juni 20246min

Morning Market Outlook - June 21, 2024 Good morning, everyone. I'm Stephen Whiteside from theuptrend.com with today's Morning Market outlook. In the pre-market, activity is quiet with no major economic numbers due before the market opens. Stock index futures are slightly down, commodities are mixed with gold up and crude oil slightly down. Yesterday, the S&P 500 hit 5500 before pulling back, marking a bearish reversal. The VIX ended on a buy signal, which is negative for stocks. The Dow had a strong day, led by Salesforce, Chevron, and IBM. The Nasdaq's triple Qs had a reversal, hitting a price target. Among the Magnificent Eight, Apple and Amazon remained above the upper channel line, while Alphabet, Meta, Microsoft, and Nvidia showed potential for sell signals. Shopify and Tesla showed little change, with Tesla looking for a breakout above $187.50. The Canadian market saw the TSX trying to hold its April lows. Energy and gold sectors showed positive signs, with several gold miners back on buy signals. Overall, while some tech stocks are pulling back, other sectors like energy and US financials are showing strength. Enjoy your day and weekend. The next update will be on Monday morning. Thank you for watching. Stephen Whiteside TheUpTrend.com Friday, June 21, 2024 https://theuptrend.com/morning-market-outlook-06212024/

21 Juni 20249min

Subject: Monday Morning Market Outlook - June 17, 2024 Good morning, Welcome to today's Market Outlook. The gap between a few high-performing tech stocks and the rest of the market continues to widen. Several sectors are struggling to maintain their April lows, and many are trying to hold above their 200-day moving averages. As we mentioned over the weekend, we have significant new weekly sell signals. The current market situation is not looking promising. Eventually, this market divergence will correct itself. Will the rest of the market rally to catch up with the tech sector, or will the tech sector decline to meet the rest of the market? Only time will tell. Enjoy today's video, and have a great weekend. Best regards, Stephen Whiteside TheUpTrend.com Monday, June 17, 2024 https://theuptrend.com/morning-market-outlook-06172024/

17 Juni 20247min

Hello, investors! Stephen Whiteside here from theuptrend.com, bringing you this week's edition of "Major Market Shifts: Is It Time to Protect Your Portfolio?" 📉📈 In this video, we're diving deep into long-term investing strategies, focusing exclusively on weekly charts to provide you with a comprehensive market analysis. 🗓️✨ We'll discuss significant sell signals, the latest VIX movements, and the performance of major indices like the Nasdaq and S&P 500. 📊🔍 🔹 **US Market Overview:** - Nasdaq's outperformance vs. mid, small, and micro-cap struggles - S&P 500's new high despite limited stock participation - Key target levels for Nasdaq 100 and S&P 500 🔹 **Risk-Off Trade Indicators:** - New weekly sell signals for Russell 2000, small caps, and micro caps - Shifts in investor sentiment and market tone 🔹 **Sector Performance:** - Semiconductor strength vs. commodity weakness - Canadian market lagging due to tech sector absence 🔹 **Canadian Market Insights:** - Energy sector sell signals - Bank stocks' significant drop - Gold stocks' resilience https://theuptrend.com/new-weekly-sell-signals/

16 Juni 20245min

Subject: Friday Morning Market Outlook - June 14, 2024 Good morning, Welcome to today's Market Outlook. Unfortunately, we are still witnessing a Tale of Two Markets. A handful of large-cap tech stocks that are heavily weighted in the S&P 500 and NASDAQ 100 are dominating the headlines, while the rest of the market remains on shaky ground. Bond yields fell sharply again yesterday, but even this couldn't inspire the broader market. The Dow and the TSX are still under sell signals. In the not-so-distant future, this divergence between a few stocks and the rest of the market will likely be resolved. The first indication of this resolution will be a new buy signal in the VIX. Today, we are looking for a close above 13.42 on the VIX to trigger a new daily buy signal. We might actually see this, as stock index futures are trading down across the board in the premarket on this Friday morning. Enjoy today's video, and have a great weekend. Best regards, Stephen Whiteside TheUpTrend.com Thursday, June 13, 2024 https://theuptrend.com/morning-market-outlook-06142024/

14 Juni 20248min

Subject: Wednesday Morning Market Update Good morning everyone, Welcome to this Wednesday morning's update. Today is significant for the market with the CPI numbers being released at 8:30 AM and the FED announcement this afternoon. Yesterday, the major indices were lifted by Apple, while the rest of the market declined. It's challenging to stay optimistic at the moment. The TSX and the Dow are still on sell signals. We will remain short-term bullish on the market as long as the VIX does not close above 13.58. Expect increased volatility this afternoon after 2:30 PM. Please enjoy today's video. Best regards, Stephen Whiteside TheUpTrend.com Wednesday, June 12, 2024 https://theuptrend.com/morning-market-outlook-06122024/

12 Juni 20247min