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

Markets Close at Record Highs as Quarter-End Approaches; Risk Management in Focus

As quarter-end approaches, investors should remain alert to downside risk. September’s quadruple witching session has historically seen market makers support prices into the end of the quarter, but this dynamic often fades once the calendar turns. October is typically one of the most volatile months of the year, and while seasonality has been less reliable in 2025, the potential for a shift into a risk-off environment should not be overlooked. Markets may be extended, yet momentum can still carry higher. At the same time, crypto assets breaking below short-term support with accelerating downside momentum could serve as a canary in the coal mine for liquidity stress following the Fed’s recent rate cut. Risk definition remains paramount, and stops should be respected even as upside opportunities are monitored.

Macro Overview

Markets ended the week at fresh record highs, propelled by optimism surrounding Federal Reserve rate cuts and renewed dialogue between the U.S. and China. The Federal Reserve reduced its benchmark rate by 0.25%, marking its first cut of the year, and signaled that further easing is likely in the months ahead. The 10-year U.S. Treasury yield briefly dipped below 4% following the decision but closed higher at 4.13%, reflecting some tension between monetary easing and inflation concerns. Credit spreads narrowed to levels not seen since the late 1990s, signaling investors’ willingness to take on additional risk.

The U.S. dollar firmed to 97.75, regaining ground after its post-Fed decline, as markets shifted focus to a series of scheduled speeches from Fed officials in the week ahead. Globally, the Bank of Canada cut rates to 2.5%, its lowest in three years, citing confidence in inflation’s trajectory. Meanwhile, the Bank of Japan struck a more hawkish tone, nudging the yen higher before a modest pullback.

10-Year US Treasury Yield – Daily Chart

US Dollar – Daily Chart

Breadth & Major Index Charts

The S&P 500, Nasdaq, and Dow Jones Industrial Average all notched record closes, while the Russell 2000 showed signs of strain after its surge earlier in the week. The Nasdaq gained 0.7% Friday and 2.2% for the week, extending its year-to-date advance to over 17%. The S&P 500 added 0.5% Friday and has risen in six of the past seven weeks, up 13.3% year-to-date. The Dow rose modestly for the week despite Friday’s decline, while the Russell 2000 slipped 0.8%, reflecting uneven participation among small caps.

Breadth was notably weak despite the strength in the indexes, with decliners outpacing advancers across both the NYSE and Nasdaq. Elevated volume, partly tied to Friday’s quadruple witching, added emphasis to the distribution.

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 closed at a record high of 29,768.36, up 1.1% Friday and extending its weekly winning streak to seven. The move was fueled by a sharp 3.9% rally in materials, as gold prices climbed toward record levels. Shares of Barrick Gold (ABX.TO) jumped 9.7%, leading the charge as investors rewarded strong cost discipline across Canadian miners. Despite weaker energy stocks, which fell alongside crude oil, the broader Canadian market remained supported by the Bank of Canada’s policy shift and global appetite for metals.

TSX – Daily Chart

Crypto Surge

Crypto markets showed pronounced weakness as major tokens slipped below short-term support, with downside momentum accelerating. Bitcoin, Ethereum, Avalanche, Solana, and Sui all registered declines, reflecting waning liquidity and renewed risk aversion following the Fed’s rate decision. This weakness runs counter to broader equity strength and may serve as an early warning signal for risk sentiment. The correlation between liquidity conditions and crypto markets has often positioned digital assets as a barometer of broader market appetite, underscoring the importance of monitoring these moves as quarter-end approaches.

Bitcoin – Daily Chart

Ethereum – Daily Chart

Solana – Daily Chart

Commodity Watch

Commodities traded in mixed fashion. Crude oil slipped to $62.72 per barrel, pressured by concerns over supply and slowing demand. Copper prices steadied, providing support for miners. Gold surged toward record highs, fueling gains in Canadian producers, while silver tracked higher alongside the broader precious metals rally.

Uranium was a standout theme, with the Global X Uranium ETF (URA) breaking out from a consolidation pattern. Friday’s session saw heavy bullish options activity across uranium names, including Cameco (CCJ) and NexGen Energy (NXE), reflecting institutional conviction in the sector’s upside potential. While momentum remains positive, investors must remain mindful of potential correlations that could emerge in a risk-off environment.

Crude Oil – Daily Chart

Copper – Daily Chart

Gold – Daily Chart

Silver – Daily Chart

Uranium Theme – Global X Uranium ETF

Sector & Thematic Movers

Sector performance was led by utilities and technology, with chipmakers surging after Nvidia (NVDA) disclosed a $5 billion stake in Intel (INTC). The semiconductor group advanced 3.7% on the week, while software and innovation ETFs outperformed, highlighted by the ARK Innovation ETF (ARKK), which gained over 8%. Financials and consumer staples posted modest gains, while energy stocks lagged amid lower oil prices.

Homebuilders struggled after Lennar (LEN) reported weaker revenue, dragging the SPDR S&P Homebuilders ETF (XHB) down 2.7% for the week. Metals and mining stocks outperformed, with the SPDR S&P Metals & Mining ETF (XME) up 5.6%, reflecting strong appetite for resource plays.

Stock Movers

Apple (AAPL) advanced nearly 5% on the week, boosted by strong global demand for the iPhone 17, with suppliers reportedly asked to raise production. Micron Technology (MU) surged nearly 37% in September, though investors weighed whether to secure profits ahead of upcoming earnings. Astera Labs (ALAB) and IonQ (IONQ) extended speculative gains, while Oklo (OKLO) soared over 63% last week, drawing increased attention from institutional analysts.

Tesla (TSLA) rebounded more than 2% Friday after receiving regulatory approval in Arizona for its ride-hailing service and an analyst upgrade citing expansion into robotics and autonomous markets. Amgen (AMGN) rose over 2% following positive regulatory developments, while Uber (UBER) gained 3% after holding support earlier in the week.

Losers included Scholastic (SCHL), down 11% on weak earnings, and StubHub (STUB), which fell 10% after a post-IPO surge. Lennar (LEN) also weighed on housing stocks, dropping after reporting a sharp decline in quarterly earnings.

Options & Insider Flow

Options flow on September 19 leaned overwhelmingly bullish, with heavy institutional block trades in lululemon (LULU), Apple (AAPL), Tesla (TSLA), Oklo (OKLO), UnitedHealth (UNH), and CoreWeave (CRWV). Sentiment skewed toward aggressive upside exposure, with put selling a dominant theme across several large-cap names.

Individual trades showed conviction in growth and resource sectors. Notable bullish activity included BigBear.ai (BBAI), Lyft (LYFT), Fortuna Mining (FSM), Offerpad (OPAD), Nebius Group (NBIS), BitMine Immersion (BMNR), and CoreWeave (CRWV). Importantly, uranium names such as Cameco (CCJ) and NexGen Energy (NXE) saw heavy call buying, reinforcing sector momentum.

Insider activity highlighted substantial U.S. purchases at EzFill (EZFL), Archrock (AROC), and NextDecade (NEXT), alongside Canadian transactions in Minera Alamos (MAI) and Surge Copper (SURG). Significant insider sales were recorded in Dell (DELL), NVIDIA (NVDA), and Extendicare (EXE.TO), among others.

Small-Cap Spotlight

Small caps remain mixed. The Russell 2000 pulled back Friday but remains higher for the week, reflecting both speculative appetite and pockets of fragility. Quantum computing names such as Rigetti (RGTI) and IonQ (IONQ) showed outsized gains, while uranium-related small caps in Canada, including Kraken Robotics (PNG.V) and Gatekeeper Systems (GSI.V), continued to form setups. Despite the strength, extended valuations highlight the importance of disciplined risk management.

Conclusion

As quarter-end approaches, markets sit at record highs with momentum still strong but breadth deteriorating. Historically, October has carried bouts of volatility, and while seasonality has been unreliable this year, extended valuations warrant caution. Crypto’s accelerating weakness below support levels may serve as a warning signal for liquidity and risk sentiment. Uranium remains a notable bright spot, with heavy bullish options activity underscoring institutional conviction, though correlations could quickly shift in a risk-off environment.

With indexes extended, it is essential to define risk, set stops, and monitor for downside pressure, even as upside momentum persists. The balance between liquidity, policy, and positioning will be key as investors navigate this pivotal period.

“The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance.” – Ed Seykota

Now, onto the daily setups.

US Daily Setups

Apple continues to move higher from the bottoming pattern we highlighted, with price action now pushing above another level of horizontal resistance; monitor whether it can continue to trend above its upward-sloping moving average.

ASP Isotopes is experiencing bullish options activity along with many other uranium-related names; monitor for potential breakout signals.

BigBear.ai continues to see bullish volume following the setup and breakout we highlighted when price action was still forming along the upper trendline of its flag pattern.

BlackSky Technology continues to see upside momentum from the pattern we recently highlighted as the PPO momentum indicator attempts to break above zero; monitor whether price action can begin to trend above its upward-sloping moving averages as they turn higher.

Peabody Energy is experiencing bullish options activity and has repeatedly appeared in unusual activity reports and the Slack workspace as price action moves higher from its bottoming pattern. We have been highlighting the coal ETF in daily reports, suggesting investors monitor their preferred related names, and this one continues to perform.

Cameco is experiencing bullish options activity as price action attempts to break out from the right side of its consolidation area.

Endeavour Silver is a name that recently experienced bullish options activity, the same day we featured the Canadian chart in the Canadian daily setups. Monitor to see if this setup develops further as it has drawn more bullish interest following the unusual options activity.

SEALSQ continues to move higher from the setup we recently highlighted.

Lightbridge is also experiencing bullish options activity as a uranium-related name; monitor for breakout signals.

Nebius Group continues to experience increased bullish options activity.

Navitas Semiconductor continues to set up for a potential breakout from the recently highlighted pattern.

Rigetti Computing and other quantum computing names we have been charting continue to accelerate higher, ending the week on a bullish note.

NuScale Power is exploding higher from the setup we recently highlighted, alongside OKLO. NNE is another related name mentioned Friday morning in the Slack workspace that also ended the day strong.

Global X Uranium is now breaking out from the pattern we recently highlighted.

Wells Fargo continues to set up for a potential breakout from the recently highlighted pattern.

Canadian Daily Setups

Cameco is attempting to break out from its consolidation area, supported by bullish options activity in the US.

Draganfly is breaking out from the recently highlighted pattern.

Endeavour Silver continues to set up following the bullish options activity flagged in the United States last week. Monitor for follow-through.

Element Financial is attempting to break out from a continuation pattern.

Exchange Income is now attempting to break out from the recently highlighted bullish flag.

Extendicare continues to set up below horizontal resistance; monitor for upside momentum.

Gildan Activewear appears to be setting up on the right side of a consolidation area; monitor for continued upside momentum that may lead to a breakout.

Tantalus Systems continues to set up on the right side of a continuation pattern; monitor for upside momentum.

Gatekeeper Systems is consolidating below its horizontal resistance line as price action attempts to hold above its upward-sloping moving average; monitor whether it can continue to trend higher while maintaining that support.

Lithium Americas continues to set up on the right side of a bottoming pattern; monitor for breakout signals.

NexGen Energy is experiencing bullish options activity in the United States along with many other uranium-related names; monitor your preferred uranium companies for continuation of upside momentum.

Kraken Robotics is breaking out from the pattern we recently highlighted.

Propel Holdings continues to set up for a potential breakout; monitor for upside momentum.

Savaria continues to set up below horizontal resistance; monitor for 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

THAR, SAIH, OKLO, VERI, BHF, ATLN, QUBT, GDEV, ALMU, SMR, NNE, LTBR, WRAP, TGEN, OPAD, LAES, QBTS/WT, NEGG, FLNC, UMAC, NRGV, KYTX, RGTI, AREC, AQST, LPTH, AMPG, LWLG, JOBY, SCLX, HMY, WYFI, DPRO, LEU, HYMC, KALA, QBTS, SUPX, HRTG, ARQQ, SYM, FBYD, QS, EVTL, UAMY, ABAT, ASMB, REKR, B, AXTI, NEOV, EXK, STEX, SBSW, URG, GFI, BBAI, FINW, SERV, CLLS, ASTS, MGNI, KRRO, EOSE, ANNX, ITRG, BKSY, ASPI, MESO, USAS, NEWP, DVS, ODV, VZLA, MPTI, CRNC, CURI, BLNK, MASS, CDE, EU, AEVA, AG, TNYA, GAU, EVI, SLDP, MUX, ACHR, AIRS, BETR, SILXF, ASM, IREN, LMND, TGHL, DRUG, MDXH, SSYS, EAF, IDR, THM, FTCI, SNT, PSKY, STEM, FNV, LODE, KGC, NBIS, HOND, CNL, SA, EH, IONQ, UUUU, CIA, SKE, GRAL, GDX, PPTA, FLR, NXE, CRML, GDXJ, AU, SOFI, MVST, BE, DRD, ES, ATAI, MTA, TE, GRRR, PSNL, TSSI, SSRM, DQ, CMCL, DAVE, PL, NUKZ, RPID, APP, SILJ, BVN, AEM, DC, NEM, CCJ, HYPR, WDH, PTON, BTU, VEON, ECX, IVA, NVTS, OR, ORCL, CSTL, ELA, UBER, MBI, SOUN, AREN, BTG, DNN, FMX, NG, SEI, AGI, EQX, PLUG, GNW, SIL, SNOW, EBR, LNC, CIFR, CVNA, CAE, FRD, INBX, LYEL, PSIX, PAAS, HBM, ANGPY, ARMN, AMGN, GALT, JKS, ZEPP, LU, ASA, EGO, EBS, ELVA, NUTX, APPS, TIGO, WBD, CGAU, AISP, STRL, PHVS, UROY, NGD, CBNA, GIL, RGC, WHG, AAPL, HOOD, MVIS, RDWR, BANX, AUGO, CLYM, SATL, FBIO, PLTR, SLI, IAG, KRMD, AMRN, HIMS, APLD, KNTNF, INSG, LGO, LYFT, BLZE, FSM, IMRX, OCANF, SLV, IMPUY, WPM, TGB, TVTX, AEIS, GLPG, VCYT, ROKU, XMTR, AMPX, CDZI, EVER, SCCO, CEG, AFRM, OI, CENX, SWKS, PDYN, SITM, AII, OSUR, RLAY, AAUC, UPWK, AMBP, HBI, RDVT, YOU, SEZL, CDNS, VALN, SAND, FBRX, GEOS, NB, MDB, TROO, ACNT, ALM, BMNR, TSLA, CXDO, ROAD, CV, GEV, EGFEY, SEDG, STX, TMC, NREF, NVAX, ATEC, FRHC, MAMA, IE, INSE, ANEB, GILT, ANET, DHC, EBR/B, TLN, QRVO, SJM, LZM, RGLD, COSO, INTU, ADUS, ABR, XYF, UTHR, MSFT, EYE, SKYT, ZETA, KRYS, BBD, UBS, ONDS, BKTI, HTHT, RYCEY, KNOP, TARS, CPK, BDRBF, CEF, CHYM, HL, NXDR, SATS, TFPM, DOMO, MAR, ZK, HNRG, RUN, LTRX, BNT, REAL, AFRI, GENI, SPTN, PBI, COPX, ARKF, NFLX, IGV, RIOCF, CLF, AEG, GSAT, ATAT, CYD, PRIM, REZI, APH, NSSC, RSI, GCT, GGZ, GPCR, MP, WTW, BN, ACU, DDOG, GETY, HALO, MUFG, RHHBY, XME, SII, UBFO, CM, RPRX, VENU, EVRG, WDC, LENZ, SAN, WF, ITUB, UI, WT, MFH, RWEOY, TRMB, WFC, CCG, FSLR, GE, IMTX, SEER, ADM, FN, CHW, TEM, UPRO, GAIA, U, ENVX, OPBK, FOXA, CEP, MAGS, REMX, TAC, GL, LVS, CCD, HTFL, NXST, NXT, SLF, JXN, PANW, ADUR, HFRO, PHYS, COCO, CLSK, MCK, MHF, ALAR, VINP, VRT, CVI, GOOG, SE, STNE, MNSO, NU, SCHW, ALB, CAR, RGR, BITQ, RDCM, ABT, CRD/A, CSQ, SIMO, ZS, AGD, ERJ, RMBI, ERO, GOOGL, NWS, GECC, GLD, NET, AXON, WB, AMR, W, OSS, INVZ, KRMN, PCT, PRI, XLK, ETOR, CEPF

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

GHRT.V, UCU.V, KTN.V, WUC.CA, TUD.V, CVV.V, PMET.TO, ASE.CA, HHH.V, DPRO.CA, AIDX.TO, DRDR.TO, TSK.TO, APGO.V, CAPT.V, ABX.TO, DMX.V, NEO.TO, THX.V, EDR.TO, AGAG.V, NIM.V, NDM.TO, SCZ.V, PNG.V, NEXG.V, USA.TO, AG.TO, WRN.TO, ARTG.V, ODV.V, NUAG.TO, GG.V, MUX.TO, TAU.V, URE.TO, ASM.TO, DEME.CA, TUNG.CA, LCFS.TO, VZLA.TO, EU.V, JAG.TO, EFR.TO, MAU.TO, RIO.TO, EDV.TO, PRB.TO, ARIS.TO, AU.V, NCX.V, APM.TO, EMO.V, FTG.TO, FMT.V, GTWO.TO, GSI.V, MFG.V, FNV.TO, ONYX.V, DC/A.TO, GMIN.TO, SEA.TO, IAU.TO, ORE.TO, STLR.TO, PPTA.TO, PRQ.TO, DV.V, TDG.V, VROY.V, AGMR.V, SKE.TO, K.TO, CBK.CA, FDY.TO, WRLG.V, ABRA.TO, MTA.V, GOLD.TO, ITR.V, BLDP.TO, FWZ.V, NXE.TO, GAU.TO, AMX.V, NGEX.TO, CERT.V, SSRM.TO, STGO.TO, CL.CA, RUP.TO, DML.TO, APXC.CA, CCO.TO, PRU.TO, WDO.TO, MMA.V, GOT.V, SXGC.TO, NFG.V, SVM.TO, MGM.V, U/U.TO, ELO.TO, AEM.TO, NICU.V, UBER.NE, FFM.TO, KEY/R.TO, OR.TO, NG.TO, ORAC.NE, CTH.V, NGT.TO, SCOT.V, VGZ.TO, AEC.V, PNPN.V, FAR.TO, FVL.TO, BTO.TO, EFL.TO, ELVA.TO, CNL.TO, CAE.TO, TXG.TO, GGD.TO, URC.TO, ASCU.TO, AGI.TO, GRID.TO, LUG.TO, PRYM.TO, MARI.TO, TRUL.CA, MAE.V, IMP.TO, OMG.V, PAAS.TO, KEC.TO, AHR.V, ELD.TO, AYA.TO, HBM.TO, SES.TO, GIL.TO, KNT.TO, IMG.TO, DSV.TO, CG.TO, EQX.TO, EQX.V, GTII.CA, AAPL.NE, AAPL.TO, OGC.TO, PLTR.NE, ORA.TO, FIH/U.TO, MSA.TO, GMX.TO, SWP.TO, ALA.TO, PME.TO, WPM.TO, RBX.V, EFN.TO, FM.TO, TUO.V, FVI.TO, MNO.TO, BBD/B.TO, CTZ.V, ARG.TO, ATD.TO, ATD/A.TO, WGX.TO, CSU.TO, NGD.TO, PDN.TO, SLI.V, TKO.TO, SBI.TO, TSLA.NE, TSLA.TO, DRX.TO, TI.TO, EIF.TO, SSL.TO, WEB.V, ATRL.TO, LTC.V, BZ.V, LGO.TO, WILD.TO, LAC.TO, BBD/A.TO, DFY.TO, MDI.TO, NWH/UN.TO, TIH.TO, MSFT.NE, MSFT.TO, SVI.TO, FCR/UN.TO, AII.TO, AAUC.TO, CEF.TO, CRRX.TO, PIC/A.TO, LUN.TO, LMN.V, PSLV.TO, ECN.TO, DIV.TO, DNTL.TO, PRL.TO, PRL/R.TO, FFH.TO, ALS.TO, REI/UN.TO, BN.TO, DRM.TO, MOGO.TO, POW.TO, HME.V, CM.TO, EMP/A.TO, ASML.NE, FFN.TO, SII.TO, CRR/UN.TO, PSI.TO, QSR.TO, TFPM.TO, CGX.TO, RSI.TO, FTN.TO, PHYS.TO, TA.TO, FAT.CA, SLF.TO, FTT.TO, NA.TO, DOL.TO, GWO.TO, AP/UN.TO, SIA.TO, DPM.TO, MLP.V, WN.TO, CRT/UN.TO, CYBE.V, HOM/U.TO, GOOG.NE, GOOG.TO, IAG.TO, L.TO, U/UN.TO, PIF.TO, AI.TO, MKO.V, WTE.TO, ATZ.TO, SUP.V, NANO.TO, SGML.V, TLG.TO, COV.V, TF.TO, BTCT.V, ERO.TO, SM.V, MOON.V, DIR/UN.TO, SHOP.TO, KITS.TO, ENB.TO, ESI.TO, FTS.TO, STN.TO, BGI/UN.TO, AD/UN.TO, BDT.TO, PBH.TO, HOM/UN.TO, WSP.TO, BBU/UN.TO, BMO.TO, RY.TO, CLS.TO, TOT.TO, BNT.TO, CS.TO, RBA.TO, BA.NE, CSH/UN.TO, TBRD.V, AMAT.NE, MFC.TO, PALI.V, ARCH.V, ENS.TO, KEY.TO, MI/UN.TO, PMZ/UN.TO, BTB/UN.TO, SGD.V, BDGI.TO, BNS.TO, SPPP.TO, ZOMD.V, DLCG.TO, EXE.TO, ATX.V, HR/UN.TO, SGR/UN.TO, PPL.TO, PTM.TO, SPB.TO, WJX.TO, BB.TO, NVDA.NE, NVDA.TO, PXT.TO, CHE/UN.TO, ISO.TO, CF.TO, BK.TO, EIT/UN.TO, VNP.TO, ERD.TO, BDI.TO, ET.TO, FC.TO, SIS.TO, DF.TO, IIP/UN.TO, WELL.TO, TD.TO, PRV/UN.TO, TSU.TO, ABXX.NE, AMZN.NE, AMZN.TO, BAM.TO, NXR/UN.TO, LCS.TO, CP.TO, LIF.TO