• Good Morning. .
• It's Stephen White side here from theuptrend. .
• com. In the premarket this morning, stock index .
• futures are down across the board, being led lower by the Nasdaq. .
• So we may see some additional sell signals .
• on Friday if the market continues in that direction throughout the day. .
• We've already seen a bunch of sell signals, but not for the big cap stocks .
• that the world has been following over the past few months. .
• Now, the Nasdaq has traded in the channel .
• for the past two days, so certainly a possibility of a sell signal on Friday .
• with a close below 358.97. Now, the chip sector rolled over the other .
• day, so we do have the stocks index on a sell signal. .
• A good example is AMD, which has been on a sell signal for the last four days, .
• followed by Intel, which just generated a sell signal. .
• While NVIDIA had an inside day on Thursday .
• looking for a close on Friday below 406.36. .
• Next up, we're looking at Apple and we need a close on Friday below 181.85. We .
• made a new high on Thursday and we're trying to get to 187.50. Unfortunately, we .
• only got to 187.05, so did not hit our next price target. .
• Then looking at Amazon, Amazon made a new .
• high yesterday off the back of some AI News. .
• Looking for a close below 123.81. Our next price target is .
• 131.25. Looking at Meta, Meta's had a quiet couple of days this week. .
• We're looking for a close below 271.15. .
• For Google, Google has been on a sell signal for a couple of weeks now looking .
• for a close above 124.70 to give us a buy signal on Friday. .
• Looking at Microsoft, we've been trading in the channel past couple of days. .
• We need a close below 332.29. .
• Then looking at Netflix, sitting right on the edge of a new sell signal, we need a .
• close on Friday below 420.56. Then looking at Shopify in New .
• York, we need a close below 62.08 on Friday. .
• And in Toronto, we're looking for a close below 82.94. And last up, Tesla, which .
• dipped into the channel yesterday before closing higher on the day, .
• looking for a close below 244.45 to give us a sell signal on Friday. .
• Okay, folks, that is all for this morning's presentation. .
• Have a great day. .
• Next time you'll hear my voice is on Sunday. .