Systematic Trading Strategies and Next Level Trading Setups
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Today’s report features two stocks from the Consumer Staples sector, two from the Industrials sector and two from the Technology sector. This is a relatively balanced approach that may help should the market turn volatile in the coming weeks.
It is still a bull market, but some key groups are under pressure. We start with a performance chart showing the percentage gain/loss for 15 ETFs. The right side of the chart shows the performance ranking. The Gold
Welcome to the Friday Chart Fix! Today’s report starts with the leading uptrend in QQQ. Large-caps tech stocks may seem ripe for a correction, but there are no signs of weakness on the price chart. Even though QQQ and the MAG7 are leading, there is strength in other areas with five healthcare stocks outperforming six of the MAG7. This report concludes with
Precious metals and gold-silver miners are outperforming tech and AI ETFs in 2025. Who would have thought? The chart below shows year-to-date performance for SPY, QQQ, some tech ETFs and some metals ETFs. SPY and QQQ are up 15 and 20 percent year-to-date, respectively. Even so, the lowly Copper ETF is outperforming these two with a
The stock market remains in bull mode with tech, utilities and industrials leading the chart. There is also a newcomer to the party as the Healthcare SPDR (XLV) broke out over the last two weeks. Today’s report covers two tech stocks, a leading consumer staple and four healthcare stocks. Symbols covered include: AVGO, CRWD, WMT, AMGN, INCY, COR and CAH
The Russell 2000 ETF (IWM) is also chugging along with new 52-week highs here in early October, but the S&P SmallCap 600 SPDR (IJR) and S&P MidCap 400 ETF (IJH) stalled the last four weeks and remain well below their
The weight of the evidence remains bullish for stocks. Large-caps (SPY) and QQQ (large techs) are leading with new highs on Monday. 66% of S&P 500 are above their 200-day SMAs, which means the vast majority of stocks are in long-term uptrends. The S&P 1500
Welcome to the Friday Chart Fix! Today’s report focuses on the Healthcare sector, which sprang to life this week as the Trend Composite turned positive. This signal, however, was not the first bullish signal. Healthcare showed signs of capitulation at the end of July, there was a double bottom breakout in late August and a bull flag
Metals remain strong with gold, silver and their respective miners leading the charge. Industrial metals are also strong with copper, DBA and uranium extending on their late August breakouts. Even Bitcoin caught a bid this week with the government shutdown. Oil reacted differently with a rather sharp decline this past week. I would not read too much into the ramifications of the government shutdown
The Market Regime page defines the stock market environment: bull or bear market. Three trend/breadth models quantify performance for stocks in the S&P 500, Nasdaq 100 and S&P 1500. Yield spreads capture credit market conditions, while Treasury yield trends reflect Fed policy.
Today’s report features six stocks in leading groups. These include the MAG7, Aerospace & Defense, Robotics & Automation, Crypto, Semis and AI Data Center. The market environment is currently bullish, but there are some sizable pockets of weakness because around a third of S&P 500 stocks are below their 200-day SMAs. Chartists can increase the odds of success by focusing on stocks
in leading uptrends and within leading groups.
The weight of the evidence remains bullish for stocks with large-caps and tech stocks leading the way. Utilities, defense and big banks are also strong. Small-caps and mid-caps are more mixed. We could be in for some volatility as the headlines flow from Washington DC. What else is new? We could also be in for a rough ride because October is
SPY reached a milestone this week as it held above its 50-day SMA for more than 100 days, which was the seventh such occurrence since 2000. Even though SPY is 2.2% above its 50-day, only half of its components are above their 50-day SMAs and new lows are expanding. However, a correction in SPY could remain elusive until tech stocks and the MAG7 buckle. Elsewhere, it is a bull market in commodities and even energy is starting turn up.
Commodities are still an option, even in the AI age. Precious metals and their respective miners continue to lead the market with big moves since early August. Industrial metals are strong overall with copper catching a big bid this week. Energy is also showing promise as oil firms above its breakout zone and looks poised for a breakout. Today’s report will cover metals and oil. Note that I covered crypto and uranium on Tuesday. Symbols covered: GLD, SLV, GDX, SIL, CPER, DBB, USO, XLE, OIH, XOP, FCG.
Today’s report features two stocks with leading uptrends, two stocks with short-term breakouts and four utility stocks with breakouts. Most of these stocks come from strong areas of the stock market: software, defense and utilities. Quest Diagnostics is part of the Healthcare sector, which is lagging the broader market. Mercado Libre is an ecommerce giant in Latin America. Today’s stocks are: ADSK, DGX, MELI, DRS, AEE, CNP, ETR and EVRG.
The weight of the evidence remains bullish for stocks, but this is not a bull market that lifts all boats. Strength is concentrated in three sectors: Technology, Consumer Discretionary and Communication Services. Outside of these sectors, I am also seeing leadership in precious metals, industrial metals, clean energy, aerospace-defense, big banks and telecom. Today’s report will show some trends and setups for ETFs
The bull run continues with large-caps and large-cap techs leading the charge. SPY, QQQ and XLK hit fresh new highs this week. Breadth is strong enough to support a bull market with 62.80% of S&P 500 stocks above their 200-day SMAs. With new highs in SPY, QQQ and IWM, this percentage, however, is relatively subdued. In a strong bull market, I would expect
There are two stock markets. First, we have the large-cap driven ETFs, such as SPY and QQQ, where the top ten stocks account for a disproportionate share. Second, we have the rest of the stock market, which covers the other 490 stocks in the S&P 500 or the other 90 stocks in QQQ
Bonds, precious metals, industrial metals and Bitcoin all moved higher in September. Throw in stocks and we have bull markets almost everywhere. Bonds extended on their late June signal, gold and silver extended on their late August breakouts, and Bitcoin broke out of a falling flag this week. Next week could bring fireworks
The S&P 500 SPDR (SPY) remains in a confirmed uptrend with a new high on Wednesday. SPY edged higher on Tuesday and Wednesday, but there were more declining stocks than advancing stocks on both days. Participation is wearing thin
Welcome to the Friday Chart Fix! Bonds are surging, but not outperforming stocks, which is positive for stocks. Mid-caps show the most internal strength, but the Russell 2000 ETF is outperforming the S&P MidCap 400 SPDR. Healthcare breadth improved with a key indicator crossing the 50% threshold and XLV broke its
The Market Regime page defines the stock market environment: bull or bear market. Three trend/breadth models quantify performance for stocks in the S&P 500, Nasdaq 100 and S&P 1500. Yield spreads capture credit market conditions, while Treasury yield trends reflect Fed policy.
This report features stocks with uptrends and bullish setups. We start with Coindesk as it makes one step backward after two steps forward. Attention then turns to short-term consolidation patterns in DoorDash, Gilead, Howmet, Kratos and Palantir. MKS Inc is tracing out a head-and-shoulders and Veeva Systems reversed within a bigger bullish consolidation.