The stock market has become a tale of two markets. QQQ is performing well in September and SPY is flat, but several key groups were hit with strong selling pressure because of the violent moves in oil and rates. Despite a serious deterioration in breadth, SPY and QQQ remain immune because they are driven by a handful of large-cap tech-related stocks. $SPY $QQQ $SPXA200R

The Mag7 ETF struggled in June-July, but got its mojo back in August with a breakout. Not only did the ETF break out, but it followed through on this breakout with a strong September. MAGS is even starting to outperform. $MAGS

SPY is within 3% of a 52-week high, but small-caps took a hit and new lows are expanding. This expansion, however, has yet to derail a bullish signal from May 2025. Today’s report will review this bullish signal and show the key levels to watch. We will also set bear market thresholds for SPY and new lows. $SPY !NEWHISPX !NEWLOSPX $SPXHLP

The Semiconductor ETF fell pretty hard in July, but the decline was always viewed as a correction because it met the retracement requirements and formed a typical corrective pattern. Chartists looking for signals that a correction is ending can turn to Percent B and SMH %Above 50-day SMA. Both became oversold in July and one became oversold in early September. This means SMH is again setting up bullish as it corrects within a bigger uptrend. $SMH !GT40SMH

Led by weakness in the Aerospace & Defense ETF, the Industrials SPDR took a hit in the second half of August. Despite this hit, both ETFs are in long-term trends and setting up after short-term pullbacks. $XLI $SPY $SPXA200R

Chartists missing a breakout can watch for a “throwback”, which offers a second chance to partake in the breakout. A throwback occurs when price breaks out, extends higher and then pulls back to the breakout zone, which turns first support. Price then turns back up and resumes its breakout. Today’s report will show a successful throwback and strong upturn in the Agribusiness ETF $MOO.

Stocks within the Technology sector and the Nasdaq 100 are coming to life as ETFs related to these two break out and breadth improves. The percentage of Nasdaq 100 stocks above their 200-day SMA hit its highest level of the year and the equal-weight Nasdaq 100 surged to a 52-week high. $XLK $QQQ $QQEW $NDXA200R

The Gold SPDR turned boring in July as price action contracted and the Bollinger Bands narrowed. As in August 2025, falling asleep is not an option because boring periods often give way to excitement. Gold is following the August 2025 script with a squeeze play and strong breakout this week. $GLD

Even though the momentum trade took a hit in July, broad market breadth continued to improve and the weight of the evidence remains bullish. The vast majority of stocks are in long-term uptrends, new highs are expanding and SPY is consolidating within an uptrend. There is clearly a bull market somewhere. $SPY $SPXA200R $SPXHLP

Long-term breadth captures the market mood here in July. Technology, Consumer Discretionary and Communication Services are lagging, while Energy, Utilities and Finance are leading. Despite relative weakness in three key groups, there is a bull market somewhere because some 65% of S&P 500 stocks are above their 200-day EMAs. Today’s report will rank sector breadth and show bullish signals for the Utilities SPDR. $XLE $XLU

The Agribusiness ETF is setting up bullish as affirms support with an outside reversal week and surges off a Bullish Setup Zone. Today’s report and video will explain the rationale behind these zones and show the key level to watch for a breakout. We will also look at performance for the top ten component stocks. $MOO

The technology sector is weighing on the S&P 500 as SPY corrects in June. Other sectors, however, are picking up the slack with industrials and healthcare moving higher. This June rotation is also benefitting the Regional Bank ETF and Biotech SPDR, which hit new highs. Today’s report will cover the recent rotations and show how the trade the trend in these two ETFs. $XLI $XLV $XLU $XLF $KRE $XBI $KBE $IBB $ITA

The Mag7 ETF is slightly lagging the broader market because of relative weakness in three components. Nevertheless, four components are showing strength and the ETF hit a moment of truth as it returned to the breakout zone. Today’s report will focus on performance for stocks in the Mag7, the Mag7 ETF chart and one of the leading components (Apple). $MAGS $AAPL

SPY pulled back in early June, but remains in bull market mode with improving breadth. The bull market is broadening with more stocks moving above their 200-day SMAs. This is especially true for small-caps, which were leading in March and continue to lead in June. Within the S&P 500, I am seeing a bullish setup in the Industrials SPDR. $SPY $IJR $SPXA200R $SMLA200R $XLK !GT200XLI

Chartists looking for participation shifts can monitor the percentage of stocks above their 200 and 50 day EMAs. StockCharts tracks these indicators for the major indexes and the sector SPDRs. Today’s report will focus on big participation shift in sector breadth and chart analysis for the Healthcare SPDR. $XLV !GT200XLV !GT50XLV

Technology is the leading sector with the largest gains since April and new highs throughout May. Within the sector, Semiconductors (SMH, SOXX) and AI (ARTY, AIQ) are leading the way. These two groups are not alone because the $IGV $SKYY $CIBR $ARKF

Breadth indicators deteriorated from mid April to mid May, but this is more of an opportunity than a threat. First, SPY and S&P 500 breadth are bullish, which sets the bullish tone for the stocks. This means bullish outcomes are more likely than bearish outcomes. $SPY $RSP $SPXA50R

Technology and Communication Services led the market since April, but they are not the strongest sectors when measuring internal strength. Energy and Utilities still stand out. $XLE $XLU $XLY

Stocks surged in April with SPY, QQQ and the tech sector leading the way. Even though the Equal-weight S&P 500 is lagging, it remains in an uptrend with a … $CIBR $SKYY

My bread and butter trading strategy is to look for consolidations within long-term uptrends, and during bull markets. We are clearly in a bull market with SPY, QQQ and IWM hitting new highs. Today’s report will feature a simple strategy

Today’s report starts by reviewing the evidence for a bull market and highlighting trend signals for the sector SPDRs. Attention then turns to the Industrials and Materials SPDRs because

Today’s report will compare performance for the major index ETFs and analyze the Russell 2000 ETF in detail. Read until the end to see our offer for a Master ETF ChartList to jump start your analysis process.

The Zweig Breadth Thrust is setting up with an oversold reading on March 20th. Stocks firmed after this reading and have one day to produce a classic Zweig Breadth Thrust (ZBT). Note that the Zweig

The macro environment continues to deteriorate as oil prices remain elevated, interest rates are rising and SPY breaks its 200-day SMA. Today’s report compares the oil and interest rate shocks in 2022 with the current environment.