Alphabet/Amazon Hit Moment of Truth – Microsoft and Amphenol Go for Breakouts

The Semiconductor ETF (SMH) and the Semiconductor ETF (SOXX) are off to the races again with AMD and Intel (INTC) leading the charge. Today’s report focuses on semiconductor equipment stocks. These are the companies that supply the tools needed to manufacture and test semiconductors. Semiconductor Equipment stocks account for 16.6% of SOXX and 18.5% of SMH. At the end of the chart analysis, I included an AI overview of the industry group and some key stocks. $AMAT $LRCX $ASML $TER $AEHR $SMH $SOXX

Performance within the Mag7 ETF is mixed with two clear leaders, two clear laggards and a downtrend. Apple and Nvidia have the strongest uptrends. Alphabet is consolidating within an uptrend and trying to turn up. Amazon is in a choppy uptrend with a tradable pullback underway. Meta and Microsoft are all over the place with volatile swings the last few months. Telsa is the basket case of the group with a long-term downtrend and bearish setup. $AAPL $NVDA $GOOGL $AMZN $META $MSFT $TSLA

Today’s report focuses on four stocks within the energy sector, which was the focus of Tuesday’s report. XLE and OIH are still in long-term uptrends and hit Bullish Setup Zones with corrections from April to June. We start with two leaders that breaking out: TechnipFMC and Oceaneering. Attention then turns to Cheniere Energy as its surges off Bullish Setup Zone and Kinger Morgen as it turns up within a consolidation. $FTI $OII $LNG $KMI

Today’s report features three stocks from recently covered ETFs. First Solar is part of the Solar Energy ETF (TAN), which recently corrected back to its rising 200-day SMA. Arista Networks is part of the Data Center Digital Infra ETF (DTCR), which remains in a leading uptrend. Quanta Services is part of the Infrastructure ETF (IFRA), which recently recorded a new high. $FSLR $ANET $IFRA

Today’s report focuses on three stocks in the Aerospace & Defense ETF, which has a breakout working since late May. This group corrected in March-April, found its footing in May and moved higher in June. Defense stocks are also part of the Industrials SPDR and account for 24.4% of the sector. BWX Tech reversed off of a support zone, General Dynamics turned up within a consolidation and RTX recaptured its 200-day. SMA $BWXT $GD $RTX

Nvidia, Alphabet and Amazon are leading within the Mag7. After big moves from late March to May, these stocks corrected into June and hit Bullish Setup Zones. This report/video explains the Bullish Setup Zone, outline the set ups and shows the levels to watch for the follow through breakouts. $NVDA $GOOGL $AMZN

Weakness in medical devices/equipment weighed on the healthcare sector this year, but we are seeing strength in large pharma stocks, which account for most of the sector’s weighting. Overall, breadth is improving as XLV extends on its breakouts. We are also seeing bullish setups/breakouts in Pfizer, Vertex, Novartis and J&J $XLV $PFE $NVS $VRTX $JNJ

The utilities sector got a bullish breadth thrust as the percentage of XLU stocks above their 50-day EMA surged above 80. Today’s report will analyze the XLU price chart, this thrust and two long-term breadth indicators, which are bullish. We then dive into the sector with bullish charts for Ameren and Centerpoint. $XLU $AEE $CNP

Today’s report starts with the oil patch as Baker Hughes returns to the breakout zone. We then feature two stocks from the industrials sector. Trane Technologies pulled back to a Bullish Setup Zone and Johnson Controls broke out of a falling wedge. We end with a utility stock (PG&E) that is firming at its rising 200-day SMA. $BKR $TT $JCI $PCG

Today’s report features three stocks from the industrials sector: Fastenal, PACCAR and Norfolk Southern. We also cover a biotech breakout (Illumina) and a diversified utility with a bullish triangle (Evergy). $FAST $NSC $PCAR $ILMN $EVRG

Today’s report features four stocks from strong groups: Materials, Industrials, Technology and Biotech. These include Linde plc ($LIN), Gilead Sciences ($GILD), Teledyne Technologies ($TDY) and Textron ($TXT)

Today’s report features an aluminum producer setting up, the biotech breaking out and the solar player with a bullish momentum thrust. $AA $BIIB $FSLR

The defensive sectors underperformed in April as money piled into the technology sector. Tech is leading the market, but Healthcare and Staples are … Tickers: $XLP $XLV $ITA $KMI $NOC $LMT $RTX

The energy sector led the market from January to March, but took a breather in April as the tech sector rebounded. Despite weakness this month, the declines in the Energy SPDR and Natural Gas ETF look like corrections within…

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As noted in Tuesday’s report, we are seeing strength in semiconductors, materials, healthcare and infrastructure. Today’s report features stocks from these groups. $ADI $MCHP $BLL $DY $LLY

It is usually best to ignore the headlines and focus on price action. Oil fell some 5%, but remains in the upper 90s. Perhaps more telling, August 2026 Oil Futures are … $AMGN, $HON, $KALU $TXN

Stocks are in a funk. A bear market has yet to signal, but the cup is half empty as breadth deteriorated, yield spreads widened and yields surged. It is a tough environment right now. Today’s report features $BWA, $APD, GE, $LMT, $NOC.

Today’s report features a Mag7 stock that is holding strong after a pullback. We also feature a power management stock, a drone maker and a biotech. Symbols: $GOOGL, $KTOS, $ETN, $BIIB

There are only two stock setups today, and both are from the Healthcare sector, a leading defensive sector. Until the macro picture clears, my preference is for defensive groups, smaller positions and less exposure. Symbols: $PFE $HCA

Today’s report features stocks from groups that have been leading since the broadening began in late November. These include an aluminum leader, a defense trade, a big pharmaceutical and a DIY leader. Symbols: $AA $CAE $ABBV $LOW