The stock market remains mixed overall with pockets of serious strength and pockets of weakness. The Technology and Healthcare sectors continue to lead, while the Finance and Energy sectors lag. QQQ hit a new high and is leading SPY, while large-caps are leading small and mid caps.

The weekend video starts by reviewing year-to-date performance for the major index ETFs, some key groups, the sector SPDRs and the equal-weight sectors. It is mixed, at best. We then turn to the breadth models. The Nasdaq 100 is the only one of the four breadth models that is bullish. Two of the three medium-term indicators are bullish as SPY consolidates above the 200-day and support. I will then update the Fed balance sheet, the yield spreads, the ETF ranking tables and the ChartBook.

The mighty Nasdaq 100 and related technology groups continue to lead the market. In fact, one could even suggest that they are holding up the broader market, with some help from the Communication Services and Healthcare sectors. Together, these groups account for a big chunk of the S&P 500. Despite a big pocket of strength

Today’s video starts with the four long-term breadth models, of which three are in bear mode. We then turn to the three dynamics at work in the stock market: the broad market environment, the medium-term trend and the short-term condition. I will review the weight of the evidence with the equal-weight sectors and intermediate-term indicators. And finally, we will finish with the Fed, yield spreads, the ETF rankings and the ChartBook.

The rock and the hard place is back. The major index ETFs are in medium-term uptrends that started in late March and have yet to reverse. These uptrends, however, are hitting resistance as the 200-day SMAs come into play for SPY and IWM. QQQ left its 200-day in the dust a long time ago.

Some ominous chart patterns are taking shape in the Nasdaq 100 ETF, S&P 500 SPDR and S&P 500 EW ETF. QQQ remains in a clear uptrend with a new high this week. SPY did not exceed its early June high this week and is lagging QQQ. RSP is lagging SPY because it is back below its 200-day SMA with a bearish wedge taking shape.

The weekend video starts with long-term and short-term breadth models for four major indexes: Nasdaq 100, S&P 500, S&P MidCap 400 and S&P SmallCap 600. Only one of the four long-term breadth models is bullish – and no prizes for guessing which one. This week’s bounce established uniform support levels in dozens of ETFs to watch next week. There are ominous wedges in

Today we will dive into long-term and short-term breadth models using the same indicators for four different indexes. These models cover the Nasdaq 100, S&P 500, S&P MidCap 400 and S&P SmallCap 600. Looking at a market of 1500 stocks, the evidence is mixed, at best. Three of the four long-term models are net bearish and all four short-term models are net bullish.

This is just a short update for SPY and a decision on the preferred moving average combo for the S&P 500. After a plunge on Thursday, stocks firmed on Friday and forged an intraday reversal on Monday. This firmness is occurring near short-term support for many ETFs and the major index ETFs held their intermediate uptrends, which have been in place since late March. Small-caps, housing, biotech, gold miners and corporate bonds led the advance.

Today’s weekend video starts with the indicators that make up the breadth model and their individual signals. We then add some basic market timing and show the model signals over the last 20 years. I will also provide a preview of a short-term breadth model. Attention then turns to potential reversals in SPY and TLT, the rising wedges in RSP and IWM, the StochClose rankings and the ChartBook

Stocks took it on the chin Thursday with the biggest weekly decline since declines began (March). Once again, small-caps and mid-caps led the way lower with outsized declines. Even more disconcerting, we saw outsized declines in some key large-cap sectors as the Consumer Discretionary SPDR fell over 5%, the Industrials SPDR fell over 8% and the Finance SPDR fell 7%.

It was a big week on Wall Street as stocks surged with the biggest weekly gains since the initial lift off started (late March and early April). Small-caps and mid-caps led the way with gains exceeding 8%. Large-caps lagged as SPY gained a measly 5% and QQQ advanced a paltry 2.71%. These moves triggered

The market is a forward looking beast and we are seeing some pretty strong signals from short-term and medium-term breadth indicators. The long-term breadth indicators, however, are still lagging and have yet to trigger. Today I will put a medium-term breadth model to the test and show how to improve results with a simple timing mechanism.

Today’s video will start with a 16+ year backtest of a slightly modified version of the Index Breadth Model. These results will be compared to buy-and-hold and a 5/200 cross for the S&P 500 SPDR. I will then review the current signals in the StockCharts breadth indicators. The upswing since late March dominates right now so

Today we will dive into breadth indicators and test a modified version of the Index Breadth Model here at TrendInvestorPro. First, however, I will review the S&P 500 SPDR as it toys with its 200-day SMA here at month end. In particular, I am monitoring upswings in four key major index ETFs. After the breadth dissertation

The S&P 500 is at a moment of truth and the direction it takes will have ramifications throughout the stock market. Today we will review the indicators in the Index Breadth Model, show that the large-cap Bullish Percent Indexes are holding up better and cover the rising High-Low Lines. I will then turn to the QQQ effect on SPY and look at recent signals in SPY

The market, as measured by the S&P 500 SPDR, is at make or break level. Analysts love to talk about key levels and it seems that there is a new “key” level every week if you watch the wrong news outlets. Well, the S&P 500 is at a key level that we should watch closely. The long-term trend remains

Stocks surged on Monday with QQQ closing at its highest level since February 21st, SPY closing at its highest level since March 6th and IWM closing at its highest level since April 29th. And there you have the pecking order. QQQ is back to late February levels, SPY is back to early March levels and IWM has yet to exceed its April high. To record a 52-week high

Topics covers in today’s video: top ranked ETF by StochClose, short-term signals in two breadth indicators, small-caps and banks lead lower, Fed balance sheets expands as junk bond spreads widen, short-term support levels to watch going forward, gold breaks out, junk bonds remain weak and TLT bounces off support.

Today’s report will start with the everywhere and nowhere chart for the S&P 500. We will then weigh the broad market evidence by looking at the weekly RSI range, the S&P 500 Bullish Percent Index and the breadth models. Short-term, the 20-day High-Low Percent indicator triggered a signal on Wednesday’s close and we are seeing short-term breaks in three key equal-weight sectors.

This is an update for the big three major index ETFs: SPY, QQQ and IWM. Stocks started strong on Tuesday, but ran into selling pressure and bearish candlestick patterns formed. SPY and IWM are in long-term downtrends and showing signs of weakness near key retracements. QQQ remains stronger, but I still think the big surge is a counter-trend bounce.

Today’s video starts with an overview of monthly seasonality and the equity curves for each month over the last 30 years. We then dive into the Index Breadth Model charts and show how the average stock in the S&P 500 is still struggling. I then look at SPX 20-day High-Low% and show the key levels to watch for SPY going forward. We finish with a ChartBook overview and StochClose rankings.

Today’s report shows that the S&P 500 equal-weight index has underperformed the S&P 500 since 2017 and the performance differential surged over the past year. Moreover, the average stock in the S&P 500 is still struggling. We also have an important bearish signal in the Sector Breadth Model and continued weakness in three key sectors.

This is just a quick update with two charts, SPY and QQQ. Both charts show RSI(14) and 20-day High-Low%, which is the percentage of 20-day highs less the percentage of 20-day lows for each index. This is a short-term breadth indicator that can help define the short-term trend. These charts were created with Optuma and chart is linked to a basic chart at StockCharts.

Today’s report will highlight a few ETF charts and then turn to the counter-trend bounces in the last three bear markets. After notching a 30+ percent gain on Wednesday and coming within 2% of the falling 200-day SMA, the S&P 500 turned down with a sharp decline on Friday. Technically, the short-term trend is still up for SPX, but it remains in a danger zone similar to prior bear market bounces.

A historical advance followed a historical decline as the S&P 500 got close to its late February levels and the scene of the crime. That crime was the breakdown that signaled the beginning of a bear market. Even though the surge over the last six weeks is also record breaking, it has yet to break the bear’s back. Today we will review the weight of the evidence and put this bounce into perspective.

A battle royale is brewing as the long-term downtrends battle the short-term uptrends. Hmm, think I will bet on the heaviest fighter. Today we will try to handicap the winner and mark support for the big three (SPY, QQQ and IWM). I will also examine retracements in the key equal-weight sectors and dissect the signals in the sector breadth model. And finally, I will review recent trend signals in the sector SPDRs using the 125-day Full Stochastic and cover the Fed.

Today we will start with some weekly charts to show performance since January 2018, and it ain’t pretty. I will then focus on the current bounce in the S&P 500 SPDR because it holds the key going forward. We will look at the danger zone for SPY and show that participation narrowed over the last week or so.

Today we will review the long-term trend evidence for SPY and the recent uptick in volatility with a new twist on the Average True Range (ATR). I will then show a custom breadth indicator measuring 20-day highs and lows in the S&P 500 and finish with the danger zone for SPY. This post also includes a PDF file with charts for the 11 sector SPDRs.

Well, it was another wild week in the markets and there is a lot to cover today. They, and I do mean the infamous “they”, that the four most dangerous words in investing are: It’s different this time. In general, I subscribe to this thesis because trading psychology and human emotions have not changed.

The bulk of the evidence remains bearish and this means bounces are expected to fail at some point. Picking that point is, of course, a whole other ball game. Keep in mind that the S&P 500 fell some 33% from February 19th to March 23rd and hit a 52-week low on March 23rd

The weekend video will put the big bounce into perspective and review the breadth charts, which triggered bearish in late February. We will also cover the S&P 500 in detail with insights into prior bear market phases.

Over the next few weeks I will highlight specific stocks and industry groups that could benefit from secular growth trends. The idea is to build out a watchlist for the coming months, if not years.

There are a number of bear market rules, but the most important rule is to respect the primary trend. In this regard, I ignore bullish patterns, upside breakouts, bullish setups, support levels and bullish retracement zones during a primary downtrend.