Recent Reports on TrendInvestorPro

-Current Analysis

SPY/QQQ Hold Up, MDY/IWM Draw Battle Lines, 6 Short-term Breakouts, 4 Pullback Setups, Breakouts in Semis

Report with video. The weight of the evidence remains bullish, but there are some sizable pockets of weakness within the market. SPY and QQQ are holding up, but RSP and IWM have yet to recover since their December declines. We draw the battle lines. The Industrials SPDR and Finance SPDR are in pullback mode and near Bullish Setup Zone. We also highlight several ETFs with short-term breakouts and bullish setups.

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-Current Analysis

Levels to Watch for Breadth Thrusts, Small-caps Fail at Breakout Attempt, Semiconductor ETFs Break Out

Today’s report will show the deterioration in long-term breadth and the key levels to watch for short-term breadth. We will then review the breakout in the 10-yr Yield and breakdown in the Home Construction ETF. Attention then turns to the key levels for SPY, QQQ and a number of important ETFs. We close with the breakouts in the semiconductor ETFs (SMH and SOXX).

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Complimentary

How to Trade Erratic Uptrends – An Example and Setup using IWM

The Russell 2000 ETF managed a double digit gain in 2024, but did it the hard way with several deep pullbacks along the way. Pullbacks within uptrends are opportunities and we can find such opportunities using %B. The chart below shows the Russell 2000 ETF (IWM) with the Zigzag(8) indicator. This indicator changes direction when there is a move greater than 8%, which means it ignores price moves that are less than 8%.

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-Current Analysis

Video – Breadth Stays Oversold, Large-caps and Techs Lead, Small and Mids Lag, Lots of Pullbacks within Bigger Uptrends

Today’s video starts with the long-term breadth indicators to establish the market regime. Short-term breadth became oversold and remains oversold after a weak bounce. We will set the level needed for a bullish thrust. Large-caps and techs are leading, while mid-caps and small-caps feel the heat from rising rates. A rough December produced pullbacks and many ETFs are trading in bullish setup zones. We cover these and identify short-term resistance going forward.

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-Current Analysis

A Rough December, Pullbacks within Uptrends, Marking Setup Zones and Resistance, Gold, Bitcoin and China

Today’s report starts with average stocks (equal-weight, mid-caps and small-caps). These groups fell rather sharply in December and gave back their November gains. They have fallen and cannot get back up. Many are trading near bullish setups zones, but remain short of breakouts needed to reverse the short-term pullbacks. We will set the key levels to watch for a dozen ETFs with setups. Attention then turns to gold, Bitcoin and China.

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-Current Analysis

Warning Signs vs Weight of the Evidence, Oversold Double Dip, Leading Tech, SMH Holds Triangle Breakout

Some warning signs appeared in December, but the weight of the evidence remains bullish. We will start with the long-term breadth indicators and then show the oversold conditions in the short-term breadth indicators. SPY and QQQ are still in long-term uptrends and testing their 50-day SMAs. Meanwhile, tech-related ETFs are leading as SMH holds its 200-day SMA.

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Complimentary

Is this Bounce a Robust Rebound or a Dead-Cat Bounce?

Breadth became oversold last week and stocks rebounded this week. Is this a robust rebound or a dead cat bounce? Today’s report will show a key short-term breadth indicator hitting its lowest level in 2024 and becoming oversold. A rebound is in place, but it is still to early to call this a robust rebound and we will show the critical level to watch.

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-Current Analysis

Weighing Breadth, Yield Spreads and Trends, Warning Signs, Corrections, Breadth for Short-term Signals

Today’s report will highlight the warning signs over the last few weeks and assess the evidence (bull or bear market). Corrections are normal, but what might a normal correction entail? We will review the long-term breadth indicators, yield spreads and the weekly charts for SPY and QQQ, including correction targets. This report ends with two short-term breadth indicators to watch for a bullish signal.

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Complimentary

Three Big Negatives Overshadow the Uptrends in SPY and QQQ

SPY and QQQ remain in long-term uptrends, but three big negatives are hanging over the stock market right now. Two negatives are tied to important cyclical groups and the third is reminiscent of summer 2022. This report will analyze the recent breakdown in housing, continued weakness in semiconductors and the big breakout in the 10-yr Treasury Yield.

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-Current Analysis

10-yr Yield Breads 40-wk, Similarities with Summer 2022, SPX Becomes Oversold, What to Watch Now

The 10-yr Treasury Yield surged before, and after, the Fed statement. While interest rates are not the only factor affecting stocks, they are the focus right now and we will cover the relationship. S&P 500 stocks are oversold after a 3-week decline and these conditions could lead to a bounce. We will show how to distinguish between a strong bounce and a dead-cat bounce.

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-Current Analysis

Video – Breadth, Yield Spreads, TLT, GLD, BTC, SPY, QQQ, MAGS, ITB, KBE, ITA, LIT, FXI and Follow Up for 14 Stocks

Today’s video starts with the deterioration in short-term breadth. Even so, long-term breadth remains net bullish and yield spreads narrow. We then address the surge in the 10-yr yields, weakness in small-caps and the break down in Home Construction ETF. There are setups in the Bank and Defense ETFs, while the Lithium and China ETFs fell back into their consolidations. We close with follow up on fourteen recently featured stocks.

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-Current Analysis

Stocks Pullback, Yields Surge, Housing Hit, QQQ Leads, A Setup in Defense, Two Bullish Cloud Stocks

Today’s report starts with an overview of short-term break (weak) and long-term breadth (still bullish). QQQ is leading with a new high, but small-caps breadth is holding up as IJR forms a bullish wedge. We then look at the housing failure, weakness in hard assets, a wedge in gold, a bullish setup in a defense ETF and two cloud stocks with bullish charts.

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-Current Analysis

Video – Breadth, Yield Spreads, SPY, QQQ, IWM, XLV, XLP, CLOU, CIBR, SOXX, SMH, ITB, XHB, LIT, GLD, SLV and Eight Stocks

Today’s video starts with long-term breadth, yield spreads and the major index ETFs to define the broad market environment. We then focus on short-term weakness and the pullbacks in RSP, IWM and MDY. Some tech ETFs are very extended and a key group continues to lag. Housing ETFs are testing support, while gold and silver hold their breakouts. We finish with follow up for eight stocks.

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-Current Analysis

Breadth and RSP Signal Pullback, Two Housing ETFs Set Up, Extended Tech ETFs, Two Stock Setups

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.

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-Current Analysis

SPX/NDX Breadth, Yield Spreads, SPY/QQQ Trends, MAG7 Leads and Small-caps Try to Lead

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.

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-Current Analysis

5 Stocks: Tight Bullish Wedges, A Bullish Setup Zone, A Breakout Leader and One Near a Prior Breakout Level – Plus XLV and XBI (Premium)

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.

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Complimentary

Drop in Yields Triggers Gap-Surge in Home Builders (Free)

The 10-yr Treasury Yield plunged as Treasury bonds surged on the heels of a new nomination for Treasury secretary. These moves lifted small-caps, banks and homebuilders. Banks have been leading for some time and small-caps started their move last week. Homebuilders held out for interest rates and got their catalyst on Monday. Today’s report will analyze

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Complimentary

Four Prerequisites to Improve Your Odds – A Live Example (Free)

Even though trading based on chart analysis involves some discretionary decisions, chartists can improve the odds of success by systematizing their process. This report will show four prerequisite filters based on a top-down approach. We will start with the broader market, look at the sector, and then apply two qualifying filters to the stock. First, I would make sure

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-Current Analysis

Chart Trader – Biotech Oversold, MLPs Surge, Lithium Consolidates, Uranium Breaks Out, Two Leading Stocks and Two with Pullbacks (Premium)

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).

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-Current Analysis

Chart Trader – QQQ Pulls Back, Using %B, Smalls Return to Breakout, Banks Lead, Cybersecurity Tests 50-day, Robotics hold Breakout (Premium)

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).

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