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

Crosscurrents at the Highs: Earnings Week Ahead Meets Tariff Risk, Energy Stress, and Record Metals

Macro Overview

Markets closed the week navigating a dense mix of policy risk, geopolitical tension, and earnings anticipation. Trade rhetoric resurfaced late in the week after President Trump threatened sharply higher tariffs tied to Canada’s evolving trade posture with China, reintroducing uncertainty into North American trade dynamics. At the same time, investors positioned for the Federal Reserve’s upcoming policy decision, with expectations centered on a steady outcome and heightened sensitivity to Chair Jerome Powell’s guidance amid renewed political scrutiny of the central bank.

Across the week, risk sentiment oscillated rather than trended, with early volatility giving way to stabilization into the Friday close. The macro tone remained cautious but resilient, supported by firm commodity markets and expectations for strong corporate earnings growth, particularly among mega-cap technology names tied to artificial intelligence investment cycles.

10-Year US Treasury Yield – Daily Chart

The yield finished the week lower after midweek volatility, reflecting a defensive bid into the close as investors balanced earnings optimism against policy and geopolitical uncertainty.

US Dollar – Daily Chart

The dollar weakened on the week, pressured by falling yields and pronounced moves in foreign exchange markets, including a sharp appreciation in the Japanese yen that drew attention to potential intervention dynamics.

Breadth & Major Index Charts

Participation reflected a mixed tone beneath relatively steady headline indexes. Advancers and decliners signaled uneven conviction, with leadership concentrated in select themes rather than broad-based risk-on behavior. Daily closes reflected repeated intraday reversals, signaling active two-way trade rather than sustained momentum. The session’s structure looked more rotational than expansive, with investors balancing policy headlines and a heavy catalyst calendar, including major earnings and key macro releases. Index-level action remained constructive in places, but small caps showed more sensitivity to shifting risk appetite, particularly where financials and cyclicals weighed.

The Red-Light/Green-Light Breadth System

S&P 500 – Daily Chart

The index closed the week modestly lower on a percentage basis after testing key areas of support midweek. Daily closes improved into Friday, suggesting stabilization following early-week pressure.

Nasdaq – Daily Chart

The Nasdaq finished the week fractionally lower, but daily closes improved as the week progressed, with technology leadership helping the index reclaim lost ground after early volatility.

Dow Jones Industrial Average – Daily Chart

The Dow lagged on a weekly basis, closing lower after persistent pressure from industrial and financial components. Daily closes remained uneven, reflecting sensitivity to macro and policy headlines.

Russell 2000 (ETF) – Daily Chart

Small caps underperformed, closing the week lower and showing weaker daily follow-through. The pattern reflected reduced speculative appetite and pressure in financial-heavy segments.

TSX Recap

Canada’s equity market was a clear outlier on a weekly basis, with the TSX Composite closing at a record high and finishing the week higher despite global uncertainty. Daily closes were consistently firm, supported by strong resource participation and resilience in the face of geopolitical headlines tied directly to Canada. Although Monday could be a different story if Trump’s threat of tariffs is imposed.

Materials led the advance as precious metals continued to strengthen, while energy contributed positively into the weekly close. Technology also stabilized after prior weakness. Healthcare was the notable laggard, with Bausch Health (BHC.TO) weighing on the group after sharp post-news selling. Barrick Mining (ABX.TO) tracked the broader strength in gold-linked equities and finished the week higher.

TSX – Daily Chart

Digital Assets Overview

Crypto trading was choppy but contained following the large decline to start the week, after we warned the PPO momentum indicators were looking heavy in last weekend’s report. Market breadth across altcoins skewed negative, even as pockets of speculative strength emerged in select names.

Bitcoin – Daily Chart

Ethereum – Daily Chart

Solana – Daily Chart

Commodity Watch

Commodities remained a defining feature of the session. Crude Oil firmed as Middle East headlines elevated risk perceptions, while weather-driven operational stress added another layer of attention to North American supply conditions. The chart is setting up nicely.

Gold and Silver held in powerful uptrends, with both pressing deeper into record territory and reinforcing the market’s bid for perceived defensive exposures.

Copper also strengthened, contributing to the broader metals tape. In energy infrastructure, winter-storm impacts added volatility to power markets and refined products, with diesel conditions tightening relative to gasoline demand expectations.

The Global X Uranium ETF (URA) remained supported, aligning with broader strength across energy-transition and resource-linked themes.

Crude Oil – Weekly Chart

Copper – Daily Chart

Gold – Daily Chart

Silver – Daily Chart

Uranium Theme – Global X Uranium ETF (URA)

Sector & Thematic Movers

Leadership clustered around metals, energy, and selective technology, while industrials and financials showed relative weakness in broader U.S. trading. In Canada, materials led as miners and metal-linked equities benefited from sustained strength across precious metals. In the U.S., energy themes were reinforced by both geopolitical headlines and operational disruption risk tied to Winter Storm Fern, which pressured crude and natural gas output and tightened near-term conditions in parts of the supply chain. Technology tone was cautious but attentive, as investors positioned into a dense earnings calendar led by mega-cap reporting and AI-related capex commentary.

Stock Movers

Earnings anticipation defined positioning into the weekly close. Tesla (TSLA), Microsoft (MSFT), Meta Platforms (META), and Apple (AAPL) dominated attention as investors prepared for results that could shape market leadership.

In industrials and infrastructure, Boeing (BA) and GE Vernova (GEV) remained in focus. Semiconductor and equipment names such as Nvidia (NVDA), Lam Research (LRCX), KLA (KLAC), and ASML (ASML) traded unevenly, reflecting sensitivity to guidance expectations.

Intel (INTC) finished the week lower after guidance disappointment, weighing on chip sentiment despite relative strength elsewhere in the group.

Options & Insider Flow

Weekly options activity highlighted strong institutional conviction in select leaders. Microsoft (MSFT), Netflix (NFLX), and Intuit (INTU) stood out with dominant bullish positioning driven by call buying and put selling. Crypto-adjacent equities including TeraWulf (WULF), Core Scientific (CORZ), and CleanSpark (CLSK) continued to attract active positioning consistent with upside participation.

Metals exposure was reinforced through activity in Pan American Silver (PAAS) and AngloGold Ashanti (AU), aligning with the strong weekly closes in precious metals.

Insider activity added another layer of context. In the U.S., notable purchases included W R Berkley (WRB) and Ally Financial (ALLY), while selling activity was widespread across sectors, including Walmart (WMT) and Atlassian (TEAM). In Canada, insider buying in Pacifica Silver (PSIL.CA) and Sigma Lithium (SGML.V) contrasted with selling in names such as Royal Bank of Canada (RY.TO) and G Mining Ventures (GMIN.TO).

Small-Cap Spotlight

Small caps closed the week weaker, with daily closes reflecting reduced follow-through and selective risk-taking. In the U.S., names such as Applied Digital (APLD), Cipher Mining (CIFR), CleanSpark (CLSK), Core Scientific (CORZ), and IREN (IREN) remained in technical consolidation, with price action compressing.

Resource-focused small caps including Critical Metals (CRML), USA Rare Earth (USAR), Ramaco Resources (METC), and MP Materials (MP) held constructive weekly structures but lacked broad speculative momentum.

In Canada, Amaroq Minerals (AMRQ.V) closed the week strong following a breakout, while Almonty Industries (AII.TO), Lithium Americas (LAC.TO), Standard Lithium (SLI.V), and TC Energy (TRP.TO) finished the week in consolidation, maintaining defined technical postures.

Conclusion

The week closed with markets holding their footing despite persistent crosscurrents. U.S. indexes finished mixed on a percentage basis, with large caps showing resilience and small caps lagging. The TSX stood out with a record weekly close, supported by powerful commodity leadership. But that could change Monday, depending on the tariff outcome. Precious metals and energy provided the clearest directional trends, while equities broadly transitioned into digestion mode ahead of major earnings and the Federal Reserve decision.

Volatility remained elevated but controlled, and the tone into the weekly close suggested cautious positioning rather than risk aversion. As markets move forward, breadth, earnings follow-through, and the sustainability of commodity strength will be central in determining whether consolidation gives way to renewed trend development.

“If you don’t honor your stop, you’re no longer managing risk.” — Mark Minervini

Now, onto the daily setups.

US Daily Setups

Agora may be worth keeping on a watchlist.

Applied Digital is experiencing bullish options activity as price action sets up on the right side of a base. Monitor for any potential breakout signals.

Antero Resources experienced extremely bullish options activity late in Friday’s session, as noted in the Unusual Activity Report. Monitor to see whether price action can rebound from the lower trend line of the pattern.

ASP Isotopes continues to show positive momentum. Monitor for any breakout signals, as volume has been increasing over the past three weeks.

ATAI Life Sciences is a setup we have been highlighting in the Slack workspace since Friday’s session. Throughout the day, price action began to expand higher. Monitor for a continuation of the move.

Cipher Mining continues to set up near the apex of a potential continuation pattern. Monitor for any breakout signals.

CleanSpark appears to be setting up along a horizontal resistance line. Monitor for any potential breakout signals.

Compass Pathways experienced bullish options activity on Friday. Monitor to see whether price action can begin breaking out from its trading range.

Core Scientific experienced bullish options activity on Friday as price action positions itself below horizontal resistance. Monitor to see whether the moving averages can help push price through the top of the trading range.

Critical Metals is a name we have been highlighting in the Slack workspace over the past few days as bullish options positioning appeared. Momentum continued on Friday. Monitor to see whether price action can hold above its moving averages.

Devon Energy experienced bullish options activity on Friday. Monitor to see whether price action can begin pushing above horizontal resistance.

EQT is attempting to rebound from a second test of its breakout line, which is now acting as support. Monitor for continued upside momentum that may carry price back toward the top of its recent trading range.

JFrog is experiencing bullish options activity as price action positions itself below a horizontal resistance line. Monitor for any potential breakout signals.

IREN experienced bullish options activity on Friday. Monitor to see whether the moving averages can finally push price through the top of its trading range.

Ramaco Resources is a name we have continued to feature since price action began setting up near the $22.43 level. Since then, price action has accelerated higher, supported by bullish options activity and strong volume. Monitor to see whether price action can continue moving above its moving averages.

MP Materials continues to consolidate between horizontal support and resistance. Monitor to see whether the moving averages can help push price through the top of the range.

NioCorp Developments is attempting to break out from a rounded bottom.

Netflix experienced bullish options positioning on Friday as price action rebounded sharply from a potential support line. Monitor to see whether price action can begin forming a bottom.

Oceaneering is attempting to break out from a consolidation area.

Sidus Space may be worth keeping on a watchlist.

TMC the Metals Company continues to position itself for a potential breakout.

Trilogy Metals is a setup we have been featuring in both the U.S. and Canada. Price action is now attempting to break out.

US Antimony is walking above its upward-sloping moving average.

UGI showed up on the bullish options scanner on Friday. Monitor to see whether price action can begin breaking out from this trading range.

USA Rare Earth is another setup we continue to feature. Price action continues to show bullish volume and options activity.

TeraWulf experienced bullish options activity on Friday as price action consolidates near the apex of a trading zone. Monitor for any potential breakout signals.

YPF is positioning itself on the right side of a potential bottoming base. Monitor for any potential breakout signals.

Canadian Daily Setups

Avanti Gold appears to be setting up on the right side of a base with increasing volume. Monitor for any potential breakout signals.

Almonty Industries is attempting to break out from the pattern we have been highlighting.

Amaroq Minerals is now breaking out from the pattern we highlighted in last night’s report and throughout the week.

Enbridge appears to be consolidating in the form of a potential continuation pattern. Monitor for any potential breakout signals.

Lithium Americas is attempting to break out from a consolidation area.

Greenland Resources continues to show positive price action and volume following its breakout.

Pacifica Silver is experiencing insider buying, as noted in the Unusual Activity Report, which coincides with price action attempting to break out from a continuation pattern.

Sigma Lithium is experiencing insider buying, as noted in the Unusual Activity Report. Monitor for a continuation of the trend.

Standard Lithium is attempting to break out above a horizontal resistance line.

Trilogy Metals is a setup we have been featuring in both the U.S. and Canada. Price action is now attempting to break out.

TC Energy is consolidating near the apex of a multi-month base. Monitor for any potential breakout signals.

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

CHRS, ASM, PLG, SGML, GORO, ENGN, WWR, TMC, LUCD, AVIR, TRX, BBOT, MNOV, VGZ, GLDG, ADUR, SMHI, QURE, FLNT, CLPT, EKSO, USAU, USAS, WULF, TGHL, SLI, JKS, ERIC, METC, APLD, KARO, HYMC, IREN, VOXR, CABA, GLSI, DQ, IMMP, INDO, NEXA, CASH, VOYG, TMQ, GSIT, BBGI, SBSW, BW, LRMR, BAH, GTE, SLV, FRMI, DBVT, UAMY, LYV, GEVO, ALM, ERO, ELE, TGB, SSL, SLSR, ORLA, TECX, NB, HUT, SPIR, SPPP, IVPAF, APUS, CLF, WTI, LAC, AG, EDAP, MSOS, SUBCY, LUNMF, HIVE, LION, SW, LLYVA, IPSC, TARA, UPWK, CMP, COPX, CSIQ, IAG, SNBR, ATAI, RDW, PAAS, VTOL, SCCO, IMPUY, ELMD, ASPI, MNPR, CIB, BBDO, NOK, ALK, NEWP, THM, NTR, GFR, BBAR, GPRK, CLSK, RUN, CORZ, CORZQ, BHP, GCT, TKGBY, EXK, API, TTAM, DSX, EQNR, SBS, NKTX, B, CRON, ENLT, CURR, BAESY, GILD, RIO, HBM, RYDAF, AMCR, CF, LBTYA, BTDR, KEN, TECK, LBTYK, SII, PL, AS, RWT, ITRG, IPI, DLO, TEN, ARMN, AIRG, BRPHF, DHT, AU, BP, E, OBE, BGS, EE, PKG, RLX, REMX, MITK, REI, LTH, USO, BLTE, FRO, ASA, ASND, SILJ, AGI, ATLN, CTNM, ANGPY, BSAC, DAPP, VALE, BTE, WF, RIG, TTRX, UNFI, RMTI, SIL, FCX, VET, AXGN, FROG, LZM, OII, ARVN, BITQ, DFTX, JOYY, LND, QGEN, CNTA, STNG, VIST, VIV, GLCNF, OGI, EC, MUX, WRN, TSCO, PRAX, CSX, IRD, TKO, PKBK, GMAB, VRDN, AMD, CIG, RNGR, BBD, SCL, INTR, TSM, EGO, XWIN, CLYM, KNTNF, PKX, TRP, ALT, ISSC, UGP, OXY, WT, FSM, TNK, DMAC, LGO, VIR, NEM, FCEL, CRGY, ORMP, VEOEY, BWLP, MEOH, GDXJ, SGU, AMZN, BORR, IMO, SHG, YPF, TALO, SOBO, GNT, TALK, SU, PBA, BCE, CASS, CAAP, AMPY, WMB, ACIU, APPS, GFI, LTM, NOAH, SARO, VNET, BALL, LIEN, PINE, PRG, SQM, KB, ECO, TIMB, LIT, SBUX, SHIP, AMBP, CVE, KF, SHEL, TDW, CNQ, RGLD, SLF, CCJ, HMY, MP, GDX, CLNE, PM, DVN, ASX, BTG, AMPG, AXL, AMBQ, INSW, WPM, OCANF, HL, BKD, MT, NGG, VOD, CPAC, BVN, BIP, BTI, HSHP, IHD, OCS, DG, FIP, SDRL, CCK, GSM, EMBJ, TE, NESR, NVDA, COP, ENB, ALCO, CKHUY, WCPRF, ENGIY, TGT, TWLO, CNC, NVS, VSTS, SLX, ABEV, ACHV, SD, CGAU, EQT, MO, ESLT, FANG, UAN, KGC, SOMLY, WFG, CMBT, GOLF, KO, LBRX, NYT, STLD, AZN, GLD, MNST, PHYS, NMM, LIN, LXU, ZM, CDE, CLMT, SMFG, SND, TIGO, ALPMY, CELH, IVA, SUTNY, DX, NAT, PBF, SUPV, HAFN, BN, KNTK, NGVT, CMTL, GEL, GRFS, MGIC, GILT, MFG, LAR, HXL, RIOT, MSGE, PR, RPTX, TRMD, IX, MTX, AMAT, BFC, CIA, KRP, BAP, GDS, MOG/A, FXF, LYG, SSRM, DEA, BCX, MAGS, TBBB, TX, PSEC, RKLB, ALEC, BEPC, BSBR, CIFR, CACI, GSK, PEO

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

ONAU.V, GRUN.CA, AMRQ.V, ASM.TO, RCK.V, PTM.TO, TBRD.V, SGML.V, PSIL.CA, WUC.CA, GGA.V, MAXX.CA, TUD.V, SM.V, PLSR.V, SLG.V, KCC.V, BU.TO, ACM.CA, SRC.V, AGMR.V, TRX.TO, SCOT.V, GOLD.TO, ATX.V, CKG.V, VGZ.TO, NEXM.V, KTN.V, MGM.V, GLAD.V, TSK.TO, CS.TO, USA.TO, WRLG.V, SLI.V, NPR.V, NEXG.V, SKNY.CA, MOLY.TO, AUMB.V, ACT.CA, ECOR.TO, FL.V, APM.TO, MSCL.TO, FOM.TO, WAM.V, SCZ.V, VOXR.TO, MNS.TO, FVL.TO, NEXU.CA, KUYA.CA, VRNO.NE, STLR.TO, MFG.V, BRVO.V, AX/UN.TO, LIFT.CA, LIFT.V, AYA.TO, CBK.CA, DSV.TO, FDY.TO, TMQ.TO, ALCU.CA, STCU.CA, TSK/WT.TO, ASE.V, GSVR.V, GURU.TO, THX.V, PCU.V, GSKR.V, HMMC.V, TRUL.CA, GTE.TO, PSLV.TO, ERO.TO, FURY.TO, NICU.V, ELE.V, AII.TO, SLS.TO, LUNR.V, TKO.TO, FM.TO, CGG.TO, OLA.TO, PPP.V, OMG.V, HUT.TO, WPG.V, SPPP.TO, BZ.V, IVN.TO, HPS/A.TO, SGD.TO, ARG.TO, DC/A.TO, QRC.TO, STGO.TO, MOON.V, LAC.TO, MARI.TO, HSTR.V, MDI.TO, AG.TO, SVM.TO, HAM.V, LUN.TO, AMX.V, GGD.TO, ACX.TO, TLG.TO, MKA.V, SLVR.V, FISH.V, IMG.TO, IE.TO, TECT.V, AEC.V, AZM.V, PAAS.TO, PNG.V, AXCP.CA, RM.CA, POU.TO, AFM.V, GRID.TO, TUO.V, GFR.TO, VZLA.TO, BNE.TO, EFR.TO, MSFT.NE, MSFT.TO, IPO.TO, GMX.TO, NTR.TO, RIO/R.TO, BOGO.V, ECU.V, ETL.V, MMY.V, NAU.V, RIO.TO, LGO.TO, NUAG.TO, EDR.TO, CPKR.TO, ABX.TO, III.TO, PMET.TO, VML.V, WGX.TO, SII.TO, SFC.TO, HBM.TO, FTG.TO, TECK/B.TO, NKL.V, XX.V, CFP.TO, MMP/UN.TO, SDE.TO, CAS.TO, CURA.TO, THM.V, LIB.V, GLXY.TO, ITR.V, MER.TO, ARIS.TO, GOT.V, CNL.TO, ZDC.V, BIR.TO, AMD.NE, AMD.TO, ASTL.TO, PXT.TO, ARTG.V, KCP.V, CRON.TO, SAM.TO, ITH.TO, PRU.TO, HAI.TO, BRC.V, IFOS.V, AGI.TO, AMZN.NE, AMZN.TO, ARA.TO, HSLV.TO, AGX.V, OBE.TO, OBRN.CA, QTWO.V, CAPT.V, CNC.V, PALI.V, SAP.TO, ISO.TO, CEF.TO, JAG.TO, AKT/A.TO, VET.TO, VLE.TO, SBI.TO, HWX.TO, ASCU.TO, MNO.TO, REI/UN.TO, TNZ.TO, GUD.TO, MUX.TO, MSA.TO, SCR.TO, LGD.TO, AUAU.V, CAD.V, CHR.TO, GEI.TO, WRN.TO, DIR/UN.TO, ABXX.NE, GPH.V, PEY.TO, TOC.CA, KNT.TO, XTG.TO, TRP.TO, ERD.TO, PNRG.CA, FCR/UN.TO, BOIL.TO, CVO.TO, TPZ.TO, ELD.TO, CHE/UN.TO, DGS.TO, LTC.V, RUA.V, TOU.TO, AAG.V, WEF.TO, GRT/UN.TO, NCX.V, SXGC.TO, LUG.TO, MX.TO, FVI.TO, NVDA.NE, NVDA.TO, SES.TO, STCK.TO, BCE.TO, ATH.TO, GMIN.TO, RSI.TO, PPL.TO, SU.TO, RBX.V, SGY.TO, DBM.TO, PNPN.V, SOBO.TO, NXR/UN.TO, KEY.TO, IMO.TO, CVE.TO, CCO.TO, CGY.TO, CNQ.TO, GDV.TO, EDV.TO, TA.TO, NGD.TO, TI.TO, TXG.TO, VROY.V, MDP.TO, T.TO, NPI.TO, SLF.TO, BIP/UN.TO, CG.TO, UNH.NE, UNH.TO, KEL.TO, WTE.TO, WPM.TO, ARX.TO, MOO.V, TCL/A.TO, CCA.TO, RS.TO, BTO.TO, L.TO, SGR/UN.TO, ACO/X.TO, ENB.TO, K.TO, SRU/UN.TO, CRR/UN.TO, FRU.TO, MRG/UN.TO, IFP.TO, ALS.TO, ERE/UN.TO, IPCO.TO, WCP.TO, DPM.TO, MAU.TO, PHYS.TO, PSK.TO, COST.NE, COST.TO, E.TO, FAR.TO, OGC.TO, APR/UN.TO, MTA.V, WFG.TO, WN.TO, CIA.TO, NEO.TO, ATS.TO, FEC.TO, FWZ.V, ROCK.V, EQX.TO, EQX.V, JOY.TO, JUGR.V, WPK.TO, NRC.V, HR/UN.TO, WGO.V, BK.TO, LAR.TO