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.

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SYS Daily Report – Weekend Edition

Markets Under Pressure as Oil Surge and Rising Yields Weigh on Global Risk Appetite

Macro Overview

Markets moved through a volatile session shaped by triple-witching, escalating geopolitical tensions, and tightening financial conditions. Energy markets remained firm as supply disruptions persisted, while global bond markets extended their selloff. Treasury yields continued to push higher, reflecting shifting expectations around monetary policy and reinforcing a more restrictive backdrop for risk assets.

The macro environment is increasingly defined by inflation sensitivity. Rising energy prices and elevated yields are reducing expectations for policy easing, with market positioning adjusting toward a more cautious outlook. Central banks are maintaining a flexible stance, but pricing across asset classes suggests growing concern that rates may remain elevated or even move higher.

10-Year US Treasury Yield – Daily Chart

US Dollar – Daily Chart

Breadth & Major Index Charts

Market breadth reflected clear deterioration as participation weakened across sectors. Selling pressure broadened, with declining stocks significantly outnumbering advancers and major indexes continuing to lose technical support.

The Red-Light/Green-Light Breadth System remains firmly risk-off, with limited areas of strength unable to offset widespread weakness. Major indexes are now trading below key long-term trend levels, indicating a structural shift rather than a short-term pullback.

S&P 500 – Daily Chart

Now that triple-witching is behind us, the major indices sit at a potentially oversold level. As seen on the S&P 500 chart below, each time the RSI approaches this range, there has been the potential for a rebound. The key question is whether any rebound develops into a broader uptrend or stalls beneath overhead resistance. Looking back, there have been instances where the RSI tested this zone twice before a durable bottom formed, while at other times the market moved higher after a single test. The risk remains that price continues lower, similar to the move at the beginning of 2025, versus a shorter-term pullback like in 2023. Historically, the period following triple-witching often reveals directional intent. External variables, including developments in the Middle East and emerging concerns around private credit, may also influence the outcome.

Nasdaq – Daily Chart

The Nasdaq remains the weakest of the major indexes, nearing oversold conditions, reflecting sustained pressure in growth and technology names.

Dow Jones Industrial Average – Daily Chart

The Dow Jones Industrial Average has also moved lower, confirming broader participation in the decline as the RSI enters oversold territory.

Russell 2000 (ETF) – Daily Chart

The Russell 2000 (ETF) continues to lag, although price action is attempting to rebound from its 200-day moving average.

TSX Recap

Canadian equities followed the global trend, with the index reflecting broad-based weakness across sectors. The index continues to trend lower, extending its recent decline and approaching prior support levels.

Materials led the downside as Endeavour Silver (EDR.TO) and Lundin Gold (LUG.TO) moved lower alongside weakness in precious metals.

Select Canadian names such as Hammond Power Solutions (HPS/A.TO) and Secure Waste Infrastructure (SES.TO) continue to display relative strength, maintaining constructive technical setups despite broader market pressure.

TSX – Daily Chart

Digital Assets Overview

Digital assets experienced a volatile session, with broad weakness across major cryptocurrencies. Price action reflected a risk-off tone, but showed relative strength at the end of the day, and continues to hold potential support levels. With the potential passing of the Clarity Act, watch the crypto market and related assets, which could rebound from these levels.

Bitcoin – Daily Chart

Ethereum – Daily Chart

Solana – Daily Chart

Commodity Watch

Commodities remain central to the current market narrative, with energy markets leading the move. Supply disruptions and geopolitical tensions continue to support elevated crude prices, reinforcing inflation concerns across asset classes.

Crude oil continues to hold firm near recent highs. Precious metals, including gold and silver, moved lower during the session. Uranium-related equities remain weak, in line with the market’s risk-off action.

Crude Oil – Daily Chart

Copper – Daily Chart

Gold – Daily Chart

Silver – Daily Chart

Uranium Theme – Global X Uranium ETF

Sector & Thematic Movers

Sector performance highlighted a clear divergence between defensive positioning and cyclical exposure. Energy-related themes continue to attract attention, with instruments such as the United States Oil Fund (USO) showing strong options activity tied to elevated crude prices.

Technology remained under pressure, with major names including NVIDIA (NVDA), Tesla (TSLA), Alphabet (GOOGL), and Microsoft (MSFT) moving lower. Semiconductor exposure, represented by Advanced Micro Devices (AMD) and Taiwan Semiconductor Manufacturing (TSM), also faced selling pressure despite ongoing institutional options interest.

Selective strength emerged in defensive and hedging instruments. Products such as ProShares Short QQQ (PSQ), ProShares Short S&P500 (SH), and 2x Long VIX Futures ETF (UVIX) remain in focus as potential hedging vehicles within a volatile environment.

Stock Movers

Single-name activity reflected both idiosyncratic events and broader market pressure. Super Micro Computer (SMCI) experienced a sharp decline following legal developments tied to its operations, while NVIDIA (NVDA) also moved lower in sympathy.

Large-cap technology names broadly declined, with Amazon (AMZN), Apple (AAPL), and Broadcom (AVGO) showing continued downside pressure despite notable bullish options activity.

Select momentum names such as BlackSky Technology (BKSY), BitMine Immersion Technologies (BMNR), and Eightco Holdings (ORBS) are forming constructive setups, suggesting potential continuation if broader conditions stabilize.

Options & Insider Flow

Options flow remains notably bullish despite broader market weakness, with institutional activity concentrated in premium collection through put selling and targeted call buying.

Large-cap names such as Microsoft (MSFT), lululemon athletica (LULU), and Intel (INTC) saw significant put selling activity, indicating confidence in underlying price stability. Call buying was prominent in Taiwan Semiconductor Manufacturing (TSM), Datadog (DDOG), and Occidental Petroleum (OXY), reflecting directional interest.

Notable individual trades included strong call positioning in Apple (AAPL) and Amazon (AMZN), as well as long-dated call activity in The Mosaic Company (MOS) and Credo Technology Group (CRDO).

Insider activity presented a mixed picture. Buying interest appeared in names such as Sibanye Stillwater (SBSW) and Grocery Outlet (GO), while significant selling occurred in NVIDIA (NVDA), ConocoPhillips (COP), and Shopify (SHOP). Canadian insider activity highlighted accumulation in energy through Tamarack Valley Energy (TVE) and continued interest in resource-related names.

Small-Cap Spotlight

Small-cap behavior remains fragile, with broader weakness reflected in the Russell 2000 (ETF). Despite this, select names are attracting speculative and institutional attention.

Companies such as Ondas Holdings (ONDS), Summit Therapeutics (SMMT), and Mineralys Therapeutics (MLYS) saw notable options activity, suggesting emerging interest in higher-risk segments of the market. At the same time, names like Par Pacific Holdings (PARR) and YPF Sociedad Anonima (YPF) are demonstrating relative strength within energy-linked themes.

Conclusion

Markets continue to navigate a challenging environment defined by elevated volatility, rising yields, and persistent geopolitical uncertainty. Breadth remains weak, and major indexes are under pressure, signaling a cautious backdrop for risk assets.

Sector leadership is narrow, with energy-linked themes holding firm while growth and technology face sustained selling. Institutional activity suggests selective confidence beneath the surface, but broad participation remains limited.

The near-term outlook appears to depend on the interaction among energy prices, interest rates, and geopolitical developments. Until clarity emerges, price action may remain choppy, with selective strength rather than broad-based momentum driving opportunities.

“The most important rule is to play great defense, not great offense. Every position I have starts with a stop-loss.” — Paul Tudor Jones

Now, onto the daily setups.

US Daily Setups

BlackSky Technology appears to be potentially setting up on the right side of a multi-month base. It could be worth keeping on a watchlist to monitor for breakout signals.

BitMine Immersion could be worth keeping on a watchlist to watch for breakout signals.

The AdvisorShares Pure US Cannabis ETF could be worth keeping on a watchlist as there continue to be rumblings of potential news from the Trump administration.

Eightco Holdings could be worth keeping on a watchlist to monitor for breakout signals.

Par Pacific continues to show strength in a weak market.

The ProShares Short QQQ ETF has been featured in our report as a trading or hedging opportunity. That hasn’t changed.

The ProShares Short S&P 500 ETF has been featured in our report as a trading or hedging opportunity. That hasn’t changed.

The 2x Long VIX Futures ETF was highlighted in a recent report as a potential trading or hedging opportunity. That hasn’t changed. This instrument is not for the faint of heart and is best suited for those who understand their own risk tolerance and ability to execute. There is a significant risk associated with sharp downward moves, particularly during gaps or intraday swings. Know your own risk parameters before engaging.

YPF continues to show strength in a weak market.

Tickers: BKSY, BMNR, ORBS, PARR, PSQ, SH, UVIX, YPF

Canadian Daily Setups

ARC Resources continues to show strength. Monitor whether a trend can form above the moving averages.

Hammond Power Solutions is showing strength in a weak market.

Pembina Pipeline is attempting to break out. Monitor whether a trend can form above the moving averages.

Secure Waste Infrastructure continues to show strength. Monitor whether a trend can form above the moving averages.

Trican Well Service continues to show strength. Monitor whether a trend can form above the moving averages.

Tourmaline Oil continues to show strength. Monitor whether a trend can form above the moving averages.

Tickers: ARX.TO, HPS/A.TO, PPL.TO, SES.TO, TCW.TO, TOU.TO

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

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

AIBD, AIRG, AMPY, AMZD, ANNA, APA, APUS, ARX, ASMB, ATLN, BFH, BKSY, CANE, CCO, CHRD, CLDX, CRC, CRGY, CRK, CURR, CV, CZWI, DMLP, DRV, DXD, EC, EFZ, EGY, ELDN, EQNR, ETON, ETS, FANG, FCFS, FCN, FLNT, FLY, FTW, FUSE, FXP, GABC, GELYF, GFR, GLNG, GRDN, HP, HYNE, IDN, KALV, KGEI, LFS, METD, MGN, MNOV, MS, MSFD, MSTZ, MTDR, MUR, NAUT, NGL, NKLR, NOG, NVDD, OVID, OXY, PARR, PBF, PERI, PL, PSQ, PST, PTEN, QID, QQQD, REK, REPX, RGC, SARK, SATL, SCHL, SDS, SEDG, SH, SION, SM, SMCZ, SMST, SNFCA, SOPH, SPDN, SPXS, SPXU, SQQQ, SRS, STTK, T, TALO, TBF, TBT, TMV, TSLS, TTT, TUYA, TYO, USO, VG, VIRT, VIXY, VNOM, VTIX, VXX, WEBS, WEX, WTI, XFOR, XWIN, YANG, YCS

Canadian Scanner Results

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

ADW/A.TO, AKT/A.TO, ANRG.TO, APXC.CA, ARX.TO, BDT.TO, BIR.TO, BRAG.TO, CCA.TO, CDB.V, CDR.TO, CEU.TO, CFW.TO, CGO.TO, CJ/WT.TO, CVE.TO, FFH.TO, GEI.TO, GFR.TO, GQC.V, GUD.TO, HPS/A.TO, IFA.TO, JOY.TO, KEI.TO, LCX.V, MFI.TO, OXY.NE, POU.TO, PPL.TO, PSK.TO, RBY.TO, RSI.TO, SES.TO, SOIL.TO, SPAI.CA, SPB.TO, SU.TO, TCL/A.TO, TCW.TO, TNZ.TO, TOT.TO, TOU.TO, VLE.TO, XOM.NE