Recent Posts from Chart Trader and System Trader:

ChartTrader – Perspective on Small-cap Breadth Surge, MAGS/XLK Go the Other Way – Symbols: KRE, FINX, IPAY and 12 Stocks (Premium)
This report starts with the big breadth surge in small-caps. We put this surge into perspective and show what it means going forward. The surge in small-caps, however, was offset with outsized declines in large-cap tech stocks. We will show charts for MAGS and XLK

ChartTrader – Long and Short Term Breadth Bullish – Smalls and Mids Break Out – Symbols: RSP, MDY, IWM, VMC, HD, CMI, FAST, CIBR, PANW, SQ (Premium)
Today’s report starts with breadth using the %Above 200-day and 26-week Hi-Lo% indicators. We then confirm the short-term uptrend with 4-wk Hi-Lo%. Attention then turns to breakouts in equal-weights, mids and smalls. We also feature several non-tech stocks breaking out and reversing their downswings.

Using Nasdaq 100 Specific Breadth to Measure Risk Appetite
The Nasdaq 100 is a major driver in the stock market and Nasdaq 100 breadth indicators should be part of our broad market analysis routine. 84 Nasdaq 100 stocks (16.8%) are also in the S&P 500 and their weighting

8 Trend-Following Indicators – Impulse/In-State Signals -Thresholds – Combining with Momentum (Premium)
This report/video covers eight trend-following indicators: BBands, Keltner Channels, Donchian Channels, StochClose, %Difference betw SMAs, ROC of SMA, CCI-Close and eSlope. We show how to reduce whipsaws with smoothing and signal thresholds. Each indicator is explained with chart examples. These samples include good trades and bad trades because whipsaws are guaranteed.

ChartTrader – MAGS Leads with New High – Range Narrows for RSP – Symbols: MDY, SOXX, CIBR, GE, AXON, FI, ZBRA, SAP (Premium)
It is a bull market for large-caps and large-cap techs. The S&P 500 Equal-weight ETF is in a long-term uptrend, but is lagging because it peaked in March. Even though I am seeing less participation in this bull market, I am not seeing serious weakness.

ChartTrader – Long/Short Trends Intact – AI Gets Hit – Symbols: NVDA, AVGO, DELL, SMCI, IBIT, COIN, BBH, IBB, XBI, XLV, DDOG, LMT, CI, FANG (Premium)
Today’s report covers the bull market indicators, short-term market indicators, the big moves in Nvidia, Broadcom, Dell and Super Microcomputer, the biotech Surge helping Healthcare and two Bitcoin related names. Stocks: DataDog, Lockheed Martin, Cigna and Diamondback Energy.

SystemTrader – Changes to Signal Page Updates
Regretfully, I must discontinue the mean-reversion strategies. Performance does not justify the effort. The last update for these signal tables will be on Thursday, June 27th.

ChartTrader – Large Lead – Small and Mid Caps Lag – Symbols: URA, CPER, FXI, AMGN, CPRT, LIN, AMGN (Premium)
There is no change in the overall market condition. Large-caps and large-cap techs continue to lead the market. SPY, QQQ, MAGS, the Technology SPDR and the Semiconductor ETF (SOXX) hit fresh

ChartTrader – Yields Fall – Housing Firms – 2 Data Center Stocks – Symbols: $TNX, ITB, LEN, TOL, KBH, PHM, SMCI, DELL (Premium)
The weight of the evidence is bullish for large-caps and large-cap techs. SPY represents large-caps and QQQ represents large-cap tech stocks. Even though there are 1000s of “other” stocks out there, these stocks represent the 800 pound

Finding Emerging Leaders within Key Groups
The broader market is fairly mixed with one clear leader: technology. I am also seeing mixed performance within the technology sector and within specific groups. Semiconductors are strong overall, but groups like cybersecurity

ChartTrader – QQQ/MAGS Lead – RSP Lags – TLT Battles Breakout – Symbols: IBIT, COIN, BLOK, TTD, AMD, EW (Premium)
The Fed and CPI are in the past and large-cap techs continue to lead the market highs. SPY, QQQ, MAGS, the Technology SPDR, the Communication Services SPDR and the Semiconductor ETF (SOXX) hit 52-week highs to lead the

ChartTrader – Bull Market – Short-term Mixed – MDY Stalls – Symbols: XLV, MRK, TMO, CIBR, CHKP, CYBR, PANW (Premium)
The weight of the evidence is bullish for the long-term, but the short-term evidence is a bit mixed. SPX 4wk HiLo% plunged below -30% on May 29th, but NDX 4wk HiLo% did not confirm this signal. Thus, the combo remains net bullish

Alibaba Returns to the Scene of the Crime
Chinese stocks wet on a tear from mid April to mid May with the China Large-Cap ETF (FXI) gaining some 40% and breaking its 200-day SMA. FXI then fell back over the last few weeks. This surge and pullback created a potential opportunity because some stocks

ChartTrader – Large-cap Techs Lead, Chinese Names Correct, Symbols: RSP, IWM, BOTZ, MEDP, PLTR, FXI, BABA, JD (Premium)
SPY and QQQ surged to new highs on Wednesday and continue to lead the market. Note that SPY and QQQ were the only major index ETFs to hit new highs this week. The S&P SmallCap 600 SPDR (IJR) tagged a new high in May, but RSP, MDY and IWM

ChartTrader – Breadth Turns Mixed – Bearish Engulfings – Symbols: TLT, IJR, SOXX, IBIT, BLOK, XBI, $WTIC, BRK.B, BKNG (Premium)
The weight of the evidence is bullish for the long-term, but the short-term evidence is turning quite mixed. SPX 4wk High-Low Percent plunged below -30% last week and fewer than 50% of Nasdaq 100 stocks are above their 50-day SMA. Software stocks

Visualizing the Holdings for a Dual Momentum Rotation Strategy
As the name suggests, Dual Momentum Rotation Strategies focus on stocks that are in absolute and relative uptrends. This is a two-step process. First, filter out stocks that are in long-term downtrends and only focus on stocks in uptrend. Second, rank

ChartTrader – Short-term Breadth Indicators Deteriorate – Symbols: TLT, $TNX, FINX, CIBR, IGV, XLK, MAGS, SOXX (Premium)
The long-term indicators are still bullish, but I am seeing short-term deterioration under the surface. This is especially pronounced outside of large-cap tech (XLK, QQQ, MAGS, SOXX). SPY and QQQ are up over the last two months

ChartTrader – Weighing the Evidence – Two Sector Stand Out – Symbols: XLK, XLU, TTD, IBIT, BLOK, BLCN, COIN, MARA (Premium)
The weight of the evidence remains bullish for stocks. SPY and QQQ hit new highs and continue to lead the market. The S&P 500 EW ETF (RSP) and Russell 2000 ETF (IWM) did not exceed their spring highs and continue to lag. Large-caps and large-cap techs are

Differentiating between Short-term Distractions and Setups with True Potential
Traders can improve their odds by ignoring distraction signals and focusing on setups with real potential. In general, short timeframes are better suited for mean-reversion, while long timeframes

ChartTrader – AI Trade Revs Up – Discretionary Lags – Housing Fades – Symbols: TLT, $TNX, RSPD, ITB, NOC, VRSN (Premium)
Nvidia (NVDA) released blowout results yet again and surged some 6.5% higher in after hours trading. This move is stoking the large-cap tech and AI trade. AMD (chips), HPE (data center), DELL (data center) and TSM (chip manufacturing) are all

ChartTrader – Bull Confirmed – XLK Still Leading – Symbols: IGV, CIBR, SOXX, SKYY, FINX, BBH, IBB, XBI, ADP (Premium)
Stocks remain strong with strength broadening. Even so, the old leaders are still the current leaders. The S&P 500 SPDR, Nasdaq 100 ETF and Technology SPDR hit new highs over the last few days. Large-caps and large-cap tech continue to

ChartTrader – Bitcoin-Related Asset Sets Up with Classic Continuation Signal – Part 2 (Premium)
We are seeing a bullish setup in an ETF related to Bitcoin. As with IBIT, the long-term trend is up and a corrected unfold over the last few months. The pattern and retracement amount make this a classic correction. More importantly,

Bitcoin Sets Up with Classic Continuation Signal – Part 1
There is a certain ebb and flow in uptrends. Often we see some sort of stair step higher with big advances and smaller corrections along the way. In Dow Theory terms, the primary trend is up and declines within a primary uptrend are

ChartTrader – SPY/QQQ Lead – Symbols: TLT, $TNX, $WTIC, IBIT, SOXX, IGV, SKYY, CIBR, FINX, DKNG, HUBS, MEDP, NBIX, SQ (Premium)
Stocks reacted positively to the CPI report and surged as Treasury yields fell, and TLT continued its May bounce. SPY and QQQ hit new highs on Wednesday. Also note that QQQ is leading the way since the mid April lows with a 9.22% advance