Today’s report starts with the Advance-Decline Percent indicators to measure participation over the last two weeks. We then turn to the S&P 500 EW ETF to define the current pullback, as well as two housing-related ETFs. Some tech stocks are looking extended and we offer detailed analysis of the Cybersecurity ETF (CIBR). We close with bullish setups in an animal healthcare stock and a business software stock.

Today’s report will cover the broad market environment. We start with the long-term breadth indicators for the S&P 500 and Nasdaq 100 (%Above 200-day, %Above 150-day, High-Low Percent). Attention then turns to the BBB yield spread and long-term chart analysis for SPY and QQQ. QQQ found its mojo as the MAG7 ETF leads. Mid-caps are lagging, micro-caps are leading the small-caps are mixed.

Today’s report starts with a defense stock and a fintech stock forming tight wedges. After reviewing the rebounds in the Healthcare and Biotech ETFs, we then focus on two biopharma stocks: one testing a Bullish Setup Zone and the other with a leading breakout. And finally, we feature an under-the-radar tech stock trading near its breakout point from late October.

The next report will be posted on Thursday morning, December 5th. Report and Video Headlines Market Overview – A Bull Market 10-yr Treasury Yield Remains with Reversal Home Construction ETF Forms Short-term Pennant Semis Pop Despite Semiconductor Curbs XLK Forms Cup-with-handle Lithium ETF Continues to Consolidate Silver ETF Hits Bullish Setup Zone China Large-Cap ETF Also Hits Bullish Setup Zone TSM Breaks Short-term Resistance META Surges within Channel Correction Microsoft Rebounds after Earnings Gap See this report and video for

Today’s report analyzes the move in the 10-yr Treasury Yield, the surge in ITB and five home builder stocks. Home Builders were lagging the last few months, but the declines look like normal corrections. The retracements were normal and some surged off bullish setup zones. In addition, we are seeing a momentum thrust in %B.

Today’s report starts with some of the leading ETFs in strong uptrends – but without setups. These include software (IGV), fintech (FINX) and finance (XLF). Attention then turns to some oversold setups in Healthcare and Biotech, and the group’s leader (Medical Devices). MLPs are breaking out within the Energy sector and we are seeing two commodity ETFs strengthen (Uranium and Lithium). Turning to stocks, we have two breakout leaders (TJX, VRSK) and two former leaders with pullbacks (AVGO, UHS).

This report covers recent pullbacks in the major index ETFs (SPY, QQQ, MDY and IJR). Financials are a key driver for small-caps and I will show a leading uptrend in the Bank SPDR (KBE). We will then cover the breakout in the Robotics & AI ETF (BOTZ) and the pullback in the Cybersecurity ETF (CIBR).

Stocks went on a tear the last eight days, but most of these moves were simply extensions of existing uptrends. Nevertheless, many stocks and ETFs became very overbought short-term. These include KBE, IGV, SKYY, FINX and CIBR. We also see the market pricing in policy shifts in Healthcare (XLV) and Defense (ITA), as well as the prospects of tariffs (CPER, DBB). Despite overbought conditions, it is a bull market we will highlight three stocks setting up: DDOG, CSX and CCEP.

The election has come and gone, and the market trends remain the same. The major index ETFs were in uptrends well before the election, breadth was strong throughout September-October and yield spreads showed confidence. This broad market trio was, and is, bullish. Tech-related ETFs extended on their breakouts and we will feature three AI stocks. Commodities were all over the place so we will revisit industrial metals and copper. Analysis includes VRTX, FCX, COPX and DBA.

The weight of the evidence remains bullish for stocks, but a correction is underway as Treasury yields surge and semiconductors weigh on the largest sector. Semis account for 35.57% of the Technology SPDR and this sector accounts for 32.24% of the S&P 500. We will review the long-term breadth indicators and show some short-term breadth indicators to watch for oversold conditions. Names hitting bullish setup zones include XLV, GEHC, AMGN, ITA, INDA, CPER and COPX.

The weight of the evidence remains bullish for stocks. The Composite Breadth Model is at +5, the vast majority of stocks are above their 200-day SMAs and yield spreads remain narrow. Short-term, we could see some headwinds and volatility because the 10-yr Treasury Yield surged and the election looms. We will cover the surge in the 10yr Yield, but take a pass on the election.

Today’s report starts with signs of broadening participation as mid-caps perk up. SPY hit another new high, but QQQ and semis remain below their summer highs. Large-cap techs are also showing some fatigue. We then compare SOXX and SMH, cover the leading tech ETFs and highlight the breakout in Bitcoin. We finish with two stocks: HPE (data centers) and MLM (construction materials).

Today’s report starts with strong breadth, the plunge in yield spreads and fresh highs in SPY. Tech-related ETFs are leading in October as triangle breakouts extend (QQQ, XLK, MAGS) and new highs are tagged (CIBR, IGV, SKYY, FINX). We then detail setups in the Healthcare (XLV), Palladium (PALL) and Biotech (IBB). Other Symbols Covered: VRTX, AMGN, AKAM and MU.

Today’s report starts with the Composite Breadth Model, yield spreads and the major trends. Tech-related ETFs are perking up with some triangle breakouts (QQQ, XLK, MAGS) and some new highs (CIBR, IGV, SKYY, FINX). We then detail short-term setups in the Healthcare SPDR (XLV) and Palladium ETF (PALL). Other Symbols Covered: ILMN, INCY, NVDA, TSM, AVGO, MRVL

Today’s report starts with the weight of the evidence for stocks. We look at the Composite Breadth Model, yield spreads and the major trends. Attention then turns the patterns in play for XLK, SOXX and MAGS, as well as four tech ETFs hitting new highs. China stole the show last week so we also analyze the China Large-Cap ETF (FXI), copper and base metals.

Today’s report starts with the Composite Breadth Model, yield spreads, SPY and QQQ. We then turn to key levels for tech ETFs and highlight the leaders. Commodity-related ETFs are strong since August and we are seeing breakouts base metals, agriculture and others. This report also features three stocks: two from healthcare and one from defense.

We are still in a bull market, but some risk-on groups are lagging and defensive groups are leading. Interest rate sensitive groups are leading. After hard hits in early September, tech names recovered this week with strong advances. We will put these into context and show key levels to watch (QQQ, XLK, MAGS, SOXX). The other four tech ETFs (IGV, CIBR, SKYY, FINX) are holding up better. This report also cover MSFT, META, QCOM, ARM, DELL, AVGO and NVDA.

Today’s report starts with the CBM and yield spread to define the broad market environment. Despite bull market conditions, odds are increasing for corrective period. We are seeing relative and absolute weakness in key groups, leadership in defensive groups and weak seasonal patterns. GLD and TLT remain strong, while Bitcoin remains weak. We finished with PODD and META.

Today’s report starts with the CBM to define the market. We then address the recent market mood swing as volatility picked up, techs started lagging and defensive groups started leading. Cybersecurity and Fintech are leading within tech and we feature four stocks from these groups. Symbols Covered: XLU, XLP, XLV, XLK, SOXX, CYBR, IGV, FINX, XLRE, ITB, ITA, KIE, IBB, FAN, PBJ, PANW, CYBR, JKHY, PYPL

This report covers the broad market environment and will be updated every Friday. We start with the breadth models to define the broad market environment (bull market or bear market). The first model covers the broader market, while the second model emphasizes the Nasdaq 100. And finally, we finish with yield spreads to assess conditions in the credit markets.

Today’s report starts with short-term overbought conditions, the 12 day surge and the increase in volatility. We then turn to the long-term trends for SPY, QQQ and MAGS. Several tech-related ETFs and tech stocks broke short-term resistance levels and we will set the key levels to watch going forward. Analysis covers SOXX, IGV, CIBR, NVDA, AVGO, AMAT, GOOGL, MSFT and more.

This report starts with the leaders over the last ten days and the leaders based on 52-week highs. Large-cap tech stocks led the 10-day surge, but Healthcare, Consumer Staples and Biotech are leading on charts. We then analyze the Healthcare SPDR, Biotech ETF and three Healthcare stocks (CAH, INCY, ILMN)

This report starts with the Healthcare SPDR because it is one of the leading sectors right now. Also notice that the Consumer Staples SPDR, Utilities SPDR and Real Estate SPDR are also leading with new highs this week. Leadership from the defensive sectors points to some risk

This report starts a long-term look at the Nikkei, which started breaking down in July. US stocks rebounded after sharp declines on August 5th, but they have yet to fully recover and remain in short-term downtrends. We will look at the corrections in SPY, QQQ and MAGS.

Increasing uncertainty is causing the markets to reprice. SPY, QQQ and IWM hit new highs in July and were priced for the best of all worlds. We then got a shakeup in the presidential race, a weak jobs report and a route in the Nikkei. Markets do not like uncertainty and

Selling pressure broadened over the last three days with the broader market (S&P 500 stocks) joining tech-related stocks (Nasdaq 100 stocks) in the sell off. The long-term trends are still up for SPY and QQQ. In addition, the Composite Breadth Model and the SPX-NDX Breadth model remain

This report starts with the short-term breakouts in SPY and QQQ. Battered semiconductor stocks led the surge and we will look at the Semiconductor ETF today. We also cover the Software and Cybersecurity ETFs, which represent

This report starts with the long-term breadth indicators to confirm the bull market. Overall, S&P 500 stocks are stronger than Nasdaq 100 stocks. SPY and QQQ are in the midst of pullbacks and have yet to become oversold. Thus, they could have further to go before bouncing. We will then update the breakouts in