Systematic Trading Strategies and Next Level Trading Setups
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.
S&P 500, Nasdaq 100 and S&P 1500 Breadth Models – Yields Spreads – Fed Policy Read More »
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.
6 in Leading Groups: MAG7, Defense, Robotics, Crypto, Semiconductor, AI Data Center Read More »
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
Trailing Stops for Tech ETFs – Rising Channels in SPY, QQQ and XLF – XLV and ITB Set Up Read More »
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.
Gold/Silver Miners Go Parabolic – Copper Surges – Oil Sets Up – 4 Energy ETFs to Watch Read More »
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.
A Healthcare Stock at New Highs – A Defense Stock Breakout – 4 Utilities with Breakouts Read More »
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
Banks Lead Finance – Defense Leads Industrials – Utes – Uranium Surges – IBIT Dips Read More »
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
Tech ETFs Still Leading – Speculation Builds – A Plan for The Trader and The Accumulator Read More »
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
Key ETFs and Indicators to Watch for Market Health Read More »
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
Bonds Extend High – Gold/Silver Miners Overextended – BitCoin Breaks Out Read More »
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
Small and Mids Lead – Banks Hold Up – Tech ETFs Mixed – XLU Breakout Read More »
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.
S&P 500, Nasdaq 100 and S&P 1500 Breadth Models – Yields Spreads – Fed Policy Read More »
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.
Stocks: COIN, DASH, GILD, HWM, KTOS, MKSI, PLTR and VEEV Read More »
Today’s report starts with one paragraph and one chart summing up current market conditions, which are bullish. Techs are lagging the last five weeks, but other parts of the market are picking up the slack. Attention then turns to ETFs with bullish setups or signals. ETF related to Healthcare, Insurance and Blockchain
Market Conditions in One Chart – Plus XLV, IHI, XLU, KIE, URA, $BTCUSD, IBIT, BLOK Read More »
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S&P 500, Nasdaq 100 and S&P 1500 Breadth Models – Yields Spreads – Fed Policy Read More »
SPY, QQQ and XLK are in uptrends with the mid-late August lows marking first support. Support breaks would reverse the short-term uptrends and argue for a corrective period.
SPY, QQQ and XLK Maintain Uptrends – 10 Tech ETFs – IJH, IJR, IWM, KRE, XLU Read More »
Precious metals continue to lead the financial markets as gold, silver and their respective miners hit new highs. The recent breakouts were not a surprise because bullish continuation patterns formed in August. We are also seeing continued strength in Base Metals, as well as a recent breakout in Copper. Uranium extended on its breakout, but Bitcoin remains in corrective mode.
Alternative ETFs – GLD, SLV, GDX, SIL, CPER, DBB, SRUUF (Uranium), $BTCUSD and IBIT Read More »
This report features stocks with tradable setups or breakouts. Each chart features an analysis checklist covering the trend, relative performance, condition, pattern at work, re-evaluation level and special considerations. Uptrends and bullish continuation patterns are the maintain, but reversal candidates are also featured when appropriate.
Seven Stocks – AMZN, BROS, DIS, DRS, ELF, EW and QCOM Read More »
Even though stocks are ripe for a corrective period, the weight of the evidence supports a bull market. As such, a pullback would be a considered as a correction within the bull market. SPY is in a leading uptrend, 60+ percent of stocks are above their 200-day SMAs and yield spreads are narrow. In addition, short-term rates are falling, which suggest a dovish Fed.
SPY in Leading Uptrend – 60+ Percent of Stocks above 200-day – Spreads Narrow Read More »
The long-term trend is up for the major index ETFs, breadth indicators are majority bullish and yield spreads remain narrow. These three items support the bull market for stocks. Short-term, however, signs are emerging that a correction could be coming. First, QQQ and the Technology sector show relative weakness the last five weeks. Second, stocks
102 Days Since SPY Oversold – NDX Stocks Lagging – XLK Relative Weakness Read More »
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.
S&P 500, Nasdaq 100 and S&P 1500 Breadth Models – Yields Spreads – Fed Policy Read More »
