• Good morning everyone, and welcome to Friday morning. .
• It's Stephen Whiteside here from the uptrend.com. In the pre market this .
• morning, stock index futures are down across the board. .
• Commodities are mixed with crude oil .
• higher, while gold is slightly lower on Friday morning. .
• Now I'm doing this video ahead of the payroll numbers that come out at 830 this .
• morning and they could certainly add to the pre market volatility. .
• Looking at the VIX, we're going to remain short term bearish on the market as long .
• as the VIX does not close below 12.77 on Friday. .
• Now the DOW 30 and the TSX 60 are still holding up. .
• No change in trend for either of those. .
• The S&P 500 already on a sell signal, no change there. .
• Big reversal day yesterday for the energy sector on both sides of the border. .
• We're still on buy signals, no change there. .
• Then looking at technology stocks with the Nasdaq 100 continuing to move lower, the .
• Equal Weighted and the Next Generation are both down as well. .
• Not as much yesterday as the Nasdaq 100, but chip stocks continue to lead the tech .
• sector lower with semiconductors down 1.73% on the day. .
• Then looking at the big elephant in the room, Apple. .
• Apple continued to move lower on Thursday, making a new low for this move. .
• Looking at Canadian Infotech, we actually closed higher yesterday. .
• Didn't get any help from BlackBerry but did get a lot of help from Shopify which .
• was up on the day after making a new low for this move. .
• Now looking at the TSX, most actives from Thursday's trading action, we've got the .
• TD Bank still on a buy signal, no change there. .
• TC Energy continued to move higher on Thursday. .
• Baytex had a pullback, still on a buy signal, no change there. .
• Then we had Cenovus come down and .
• Cenovus is now back on a sell signal as of Thursday's close. .
• Bank of Nova Scotia still on a buy signal .
• here, that would change on Friday with a close below $62.80. Then Manulife still on .
• a buy signal, that would change on Friday with a close below $28.77. New high for .
• this move for Suncor ran up, hit the next price target of $45. .
• 31. Congratulations if you're long. .
• Suncor. .
• Then looking at Enbridge, new high for Enbridge on Thursday. .
• Looking at First Quantum, a small pullback yesterday, down just 1.81% on the day. .
• So no major change there. .
• And then Bitfarms, Bitfarms been trading .
• around the lower channel line for the last couple of days. .
• Looking for a close on Friday below $3.71. .
• Let's finish off this morning's presentation. .
• Taking a look at the US most actives from .
• Thursday's trading action and Quantumscape. .
• The battery company had a huge update, up over 40%. .
• Obviously you're not going to chase that. .
• Then Tesla had an inside day. .
• No change there. .
• Marathon digital still on a buy signal here. .
• That would change on Friday with a close .
• below $22.92. Then we saw Walgreens gap lower on the day. .
• Trying to recover going into the close, but still a big loss for Walgreens. .
• Back on a sell signal. .
• Advanced Micro Devices, no change in trend there. .
• Amazon, no change in trend. .
• No change in trend for Ford. .
• Then we've got Pure Storage. .
• And on Tuesday, Pure Storage actually ended on a sell signal. .
• You come in the next morning, you check the spread in the pre market, you find out .
• it's going to open up up there so you don't take that sell signal. .
• So no change in trend for Pure Storage. .
• Then we've got intel still on a sell signal, no change there. .
• Pfizer, still on a buy signal, no change there. .
• And then we've got Palantir still on a .
• sell signal, making a new low for this move on Thursday. .
• So no change in trend for Palantir. .
• Okay folks, that is all for this morning's presentation. .
• So far. It looks like the market wants to do a .
• little selling, but that could change when those employment numbers come out at 830. .
• Have a great day, have a great weekend. .
• Next time you'll hear my voice .
• is on Monday morning channel. .