Notice: The Weekend Report is provided for informational and educational purposes only and is not intended to be used as a stock-picking service or as financial advice. The charts and accompanying research are designed to support your analysis, serving as indicators rather than direct recommendations to buy or sell any security. The creator assumes no responsibility for actions taken by readers and strongly encourages individuals to fully understand the associated risks and potential outcomes before making investment decisions. Please note that any charts and/or information are intended to aid in research and should not be considered a definitive part of your personal trading strategy. Not all charts will lead to actionable buy or sell signals at any given time. Individuals should consider consulting a qualified financial advisor before making any investment decisions.

This is just a friendly reminder that it’s essential to monitor the Daily Setups and Workspace scan results, which can provide insights into potential future additions and help you stay ahead of the game.

Sample Trading System

The following trading system is presented as an educational example and should not be interpreted as financial advice. Past performance does not guarantee future results, and trading involves inherent risks. Please consult with a qualified financial advisor before implementing any trading strategies.

SYS Daily Report – Weekend Edition

U.S.-China Trade Tensions Ignite Global Selloff

Global markets endured a broad selloff on Friday after President Donald Trump announced plans to impose a 100% tariff on Chinese goods, reigniting fears of a renewed trade war. The escalation came after Beijing expanded export controls on rare earth minerals, critical to semiconductors and electric vehicles. The move reversed weeks of relative calm between the world’s two largest economies, prompting a sharp flight to safety across global asset classes. Adding to the risk-off tone, a sharp wave of crypto liquidations erased billions in leveraged positions, further amplifying market volatility and investor caution.

The Dow Jones Industrial Average fell 878.8 points (–1.9%), while the S&P 500 slumped 2.7% and the Nasdaq Composite tumbled 3.6%, marking their worst single-day percentage drops since April. Investors rotated into havens as the 10-Year U.S. Treasury yield declined nine basis points to 4.05%, and gold briefly surged above $4,000 per ounce before settling slightly lower. The U.S. Dollar Index weakened 0.7% to 98.85, reflecting a global move into defensive positioning amid rising volatility.

10-Year US Treasury Yield – Daily Chart

US Dollar – Daily Chart

Breadth & Major Index Charts

Market breadth deteriorated sharply, with decliners outnumbering advancers by more than 5-to-1 on the Nasdaq and nearly 6-to-1 on the NYSE. All major indexes closed below short-term moving averages, while small-cap and equal-weight measures confirmed broader weakness.

The Russell 2000 ETF sank 3%, reflecting pronounced pressure in cyclical and rate-sensitive areas. The Invesco S&P 500 Equal Weight ETF (RSP) dropped 3.2%, closing below its intermediate trend level for the first time in five months, while the First Trust Nasdaq 100 Equal Weighted ETF (QQEW) lost 2.9%.

Technology, semiconductors, and China-linked equities bore the brunt of the decline. Volatility spiked, with the CBOE Volatility Index (VIX) rising over 30% to its highest level since June, signaling elevated market fear and hedging activity.

The Red-Light/Green-Light Breadth System

S&P 500 – Daily Chart

Nasdaq – Daily Chart

Dow Jones Industrial Average – Daily Chart

Russell 2000 (ETF) – Daily Chart

TSX Recap

The TSX Composite Index slid 414.09 points (–1.4%) to close at 29,850.89, its steepest single-day decline since April. The pullback reflected both domestic and international concerns, as the renewed trade confrontation sparked profit-taking after the index’s strong year-to-date performance.

Technology and energy led the declines, with the Technology sector dropping 4.3% and Energy falling 3.3% as crude oil retreated 4.2% to $58.90 per barrel. Despite stronger-than-expected employment data showing a 60,400 job gain in September, investors reduced bets on an immediate Bank of Canada rate cut. Defensive sectors provided modest support—Utilities rose 0.9%, and Consumer Staples gained 1.1%—while standout earnings from Aritzia (ATZ.TO) sent its shares up 8.1%.

TSX – Daily Chart

Crypto Surge

Digital assets collapsed after hours as geopolitical uncertainty and renewed trade tensions triggered a violent wave of liquidations across the crypto market. Bitcoin (BTC) plunged over 11% to $105,800, erasing billions in leveraged positions as the selling accelerated into late trading. Ethereum (ETH) followed with roughly a 16% decline to $3,546, while XRP tumbled over 17% to $1.74, extending losses from earlier in the session.

Estimates indicate that up to $10 billion in crypto positions were liquidated after hours, highlighting extreme leverage and panic-driven selling as liquidity thinned. Despite the turmoil, institutional participation remained notable, with roughly $6 billion in weekly ETF inflows led by Bitcoin and Ethereum products. However, regulatory reviews of new ETF filings—including Solana (SOL) and XRP—were postponed amid the ongoing U.S. government shutdown, adding another layer of uncertainty.

Bitcoin – Daily Chart

Ethereum – Daily Chart

Commodity Watch

Commodities experienced pronounced volatility as investors sought clarity amid trade disruption risks. Crude Oil fell 5.3% to $58.24 per barrel, its lowest level in five months, pressured by weaker global growth expectations and optimism around the Gaza ceasefire agreement.

Gold briefly surpassed $4,000 per ounce, hitting an intraday high of $4,021, before settling at $4015—still up 1% on the day and 3.32% for the week. Silver remained elevated near $50, just below Thursday’s record $51.30, and has advanced more than 73% year-to-date.

Industrial metals also came into focus, with Aluminum emerging as a potential beneficiary of the global energy transition. Analysts projected a shift from surplus to deficit in the coming years due to rising electrification demand and energy constraints, with China nearing its production capacity cap.

Copper fell hard, while Uranium saw bullish option activity today, reflecting ongoing interest in critical materials for clean energy infrastructure.

Crude Oil – Daily Chart

Copper – Daily Chart

Gold – Daily Chart

Silver – Daily Chart

Uranium Theme – Global X Uranium ETF

Sector & Thematic Movers

Semiconductors and technology bore the sharpest losses, with the VanEck Semiconductor ETF (SMH) falling 5.9%, while major components Nvidia (NVDA), Advanced Micro Devices (AMD), and Broadcom (AVGO) each slid between 6–8%. Lam Research (LRCX) and KLA Corp. (KLAC) declined nearly 7%, amplifying the sector’s downside pressure.

China-linked equities were also hit hard, with the KraneShares CSI China Internet ETF (KWEB) plunging 7% and Alibaba (BABA) down more than 8%. In contrast, rare-earth producers such as MP Materials (MP) surged 8.4%, benefiting from expectations that U.S. production may gain from tightening Chinese controls.

Defensive sectors like Consumer Staples and Utilities outperformed modestly as investors rotated toward lower-volatility exposures.

Stock Movers

Among individual stocks, Tesla (TSLA) fell 5.1% to $413.49, extending weekly losses as investors digested news of stripped-down Model Y and Model 3 variants. Oracle (ORCL) held up comparatively well ahead of its AI World Conference, signaling potential resilience in software.

JPMorgan Chase (JPM), Goldman Sachs (GS), Wells Fargo (WFC), and Citigroup (C) will headline earnings next week, followed by Taiwan Semiconductor (TSM) and Interactive Brokers (IBKR). The upcoming results are expected to provide key insight into the broader economic and credit landscape.

Options & Insider Flow

Options flow pointed to elevated institutional hedging, with an uptick in put buying across index ETFs and large-cap technology names. Bullish put selling in MP Materials (MP) and energy-linked names suggested selective confidence in industrial and materials sectors poised to benefit from trade realignment.

Insider activity remained muted during the government shutdown, though recent executive purchases in utilities and telecom underscored a defensive bias among corporate insiders.

Small-Cap Spotlight

Small caps mirrored broader weakness, with the Russell 2000 retreating 3%, led by declines in industrials and consumer cyclicals. Liquidity-sensitive segments struggled amid widening credit spreads, while speculative technology names saw outsized volatility. However, select small-cap setups in energy services and uranium exploration continued to hold constructive technical structures, suggesting potential resilience once broader conditions stabilize.

Conclusion

Friday’s session marked a turning point in sentiment as renewed U.S.-China trade tensions erased weeks of market optimism. Equity indices broke short-term support levels, volatility surged, and investors rotated defensively across asset classes. Commodities reflected the flight to safety, with gold and silver rallying sharply, while crude oil and copper retreated on growth concerns. A sharp wave of crypto liquidations added further pressure, wiping out billions in leveraged positions and amplifying the broader risk-off move.

The week ahead will be pivotal as investors parse bank earnings, AI-related events, and ongoing geopolitical developments. With volatility elevated and breadth weakening, the market enters a more cautious phase—defined by defensive positioning, selective rotation, and heightened sensitivity to policy signals. The lingering effects of the crypto liquidation wave will remain a key sentiment driver as investors gauge whether risk appetite can stabilize.

“You must always have a point where you’ll get out if the market goes against you. Hope is not a strategy.” – Jesse Livermore

Now, onto the daily setups.

US Daily Setups

ASP Isotopes is showing relative strength as price action consolidates below its 52-week high. Monitor for continued signs of upside momentum as the PPO momentum indicator attempts to curl higher from the zero line, supported by today’s robust volume.

CBOE Global Markets is working its way toward the apex of a consolidation pattern. Monitor for a directional break.

Core Scientific is seeing recent institutional buying as price action attempts to break out to a 52-week high. Monitor for a continuation of upside momentum.

Consolidated Edison is attempting to break out from a continuation wedge.

Fluor is positioning itself below horizontal resistance. Monitor for breakout signals.

Fermi experienced bullish options activity today as price action positioned itself below horizontal resistance. Monitor to see if price action can begin to break out above this level.

MP Materials continues to see bullish positioning in the options market. Monitor for continued signs of upside momentum, which may lead to a breakout.

PepsiCo continues to accelerate higher from the setup highlighted yesterday.

Canadian Daily Setups

BCE appears to be setting up on the right side of a bottoming base.

Denison Mines continues to set up below its 52-week high as many uranium stocks experienced bullish options activity today.

Hydro One is now attempting to break out from the recently highlighted symmetrical triangle.

Happy Belly Food Group continues to position itself below its 52-week high. Monitor to see if the moving average can push price action through the top of the pattern.

Largo Resources appears to be forming a bottoming pattern, as the weekly PPO momentum indicator is poised to break above the zero line, signaling a potential shift from negative to positive momentum. Monitor for continued upside strength, which may lead to a breakout.

Rogers Communications continues to attempt its breakout from the recently highlighted pattern as the PPO momentum indicator curls higher from the zero line.

To conclude our report, we thank you for your engagement and insights. Your feedback is valuable, and we encourage you to share your recommendations. Stay attentive to the Daily Setups, the Workspace, and the Watchlists for emerging opportunities. Additionally, be sure to explore the PDFs of Friday’s scan results provided below. Until next time, happy trading!

US Scanner Results

(Stocks are sorted to highlight those with the strongest momentum at the time of the scan)

Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking or copy and paste the ticker list into your chart provider.

EXPORT – US Scanner Results

PTGX, CATX, GLUE, APLD, SWKH, ASPI, CEPT, NAMS, UAMY, GYRE, OBIO, FRMI, MP, ODC, ABAT, UEC, LGO, PPTA, MLYS, ZYME, OKLO, ATLX, SILXF, ESTC, IDR, SIFY, NB, ENTX, REE, BNTC, CGEM, USAR, AVAL, HOND, CMPX, PCVX, TNYA, DXD, CCCX, TALK, PEP, NESR, NAK, REKR, UUUU, CALM, BIPC, BCPC, DRUG, ADUR, NVTS, PBT, NOK, CAEP, CORZ, CORZQ, CRGO, DRD, JANX, SA, UL, UHG, EVLV, OMAB, PM, SLI, SO, LNTH, NWN, URG, CDTX, FTS, ACIU, WPM, BCE, POST, METC, MRSN, DUK, USAU, CRML, HLMN, SKE, DNN, ZVRA, SPOT, AWR, HNRG, CBOE, RCI, NGG, SLV, AGM, ED, RSG, PHAT, ISOU, ELVA, MANU, CVS, NEO, TLSNY, CEF, DGX, TFPM, CGAU, HMY, AWK, SES, RVMD, CNA, BBIO, EGAN, MO, COR, SLF, RDY, HR, D, OIA, MSEX, TMUS, BIP, DVS, CMS, GWRE, VIA, APUS, FLR, CEPF, COKE, CWT, EVRG, PHYS, GLD, KO, AREC, BBW, CCI, CME, OGE, STOK, EXK, PNW, RGLD, AGI, ATO, EXC, IAG, ELUT, MNST, ASA, CASY, PPL, SLS, ALNY, NAD, IBDRY, LNT, CLH, MCK, SPCE, ELS, BITF, TRVI, YORW, AMC, KFS, AEE, RYTM, FER, VGM, BNY, MCHB, TIGO, WTRG, ODV, DG, COGT, ERIC, LXEO, MAKSY, KOYNU, KRMD, CWCO, DANOY, GILD, PESI, PML, RNR, NAN, AUGO, CNP, CX, KR, KYMR, PTCT, CCEP, VKQ, BFK, MDGL, NRK, QSR, RBLX, DTE, ACGL, CLBT, ORI, RHHBY, ASPN, BE, GLPG, AAUC, GSK, GDX, TSCDY, BTG, TSI, VCV, MIY, WAT, WRB, MDU, NVG, ZIMV, DX, HDB, PSA, AEP, PCQ, NEA, NZF, PSMT, VRT, EPI, WMT, BOXX, FIHL, HSII, WNS

Canadian Scanner Results

(Stocks are sorted to highlight those with the strongest momentum at the time of the scan)

Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking or copy and paste the ticker list into your chart provider.

EXPORT – Canadian Scanner Results

MOO.V, MKA.V, AUUA.V, AEC.V, DEME.CA, TUNG.CA, DMX.V, DGX.V, BNXA.V, ARA.TO, ALDE.V, APXC.CA, MLP.V, GQC.V, NANO.TO, GRID.TO, VIPR.V, SM.V, GFCO.CA, ISTK.CA, LGO.TO, NPK.TO, ATZ.TO, UCU.V, LIFT.CA, LIFT.V, GURU.TO, PPTA.TO, GG.V, CTH.V, RIO.TO, ELO.TO, WRLG.V, GPH.V, SAG.V, MOLY.NE, NPI.TO, SLI.V, NDM.TO, TRX.TO, RCH.TO, LI.V, CERT.V, GOLD.TO, WRN.TO, EFL.TO, ELVA.TO, HG.CA, EFR.TO, BIPC.TO, HBFG.CA, VEGN.CA, CRTL.CA, ASE.V, MNO.TO, SEA.TO, BZ.V, EMA.TO, L.TO, MMA.V, TXG.TO, PRYM.TO, FEO.V, ROCK.V, GRGD.TO, CNL.TO, URE.TO, WPM.TO, FTS.TO, BCE.TO, WN.TO, GMX.TO, BBD/PC.TO, ORV.TO, HHH.V, SKE.TO, OLA.TO, DML.TO, OGC.TO, AEM.TO, RCI/B.TO, EQX.TO, EQX.V, IFC.TO, DSV.TO, ISO.TO, MRU.TO, BOND.TO, DPM.TO, ACO/X.TO, PSLV.TO, EFN.TO, SLF.TO, TFPM.TO, CBK.CA, FDY.TO, H.TO, CG.TO, CYBE.V, NICU.V, CU.TO, CEF.TO, GASX.V, CRT/UN.TO, OGN.V, NGEN.V, PHYS.TO, WDO.TO, WGO.V, CRR/UN.TO, VZLA.TO, EDR.TO, ECO.TO, BIP/UN.TO, ATD.TO, ATD/A.TO, MSA.TO, LBS.TO, QBR/B.TO, RAY/A.TO, LCS.TO, IAG.TO, BDGI.TO, IMG.TO, ET.TO, DV.V, FAR.TO, GWO.TO, ODV.V, ERD.TO, TIH.TO, NCX.V, G.TO, PBH.TO, TGH.V, ITR.V, BK.TO, WSP.TO, DFN.TO, CCA.TO, QSR.TO, SJ.TO