Stock Indexes continued higher for another week, with small caps showing the most strength, as a number of the previous leaders struggled. But some laggards got a boost, so are we seeing some rotation into the weaker areas of the market.

A very small list tonight for the watchlist, as there was a lot of weakness in stocks today. Closing near the low of the day in the major large cap indexes.

There was another fairly big list to go through tonight, which I refined down to a few of the more interesting stocks. Good to see some volume pickups in most.

Gold miners dominate the watchlist again tonight, but an honourable mention goes to SPOT that I've highlighted multiple times over the last few weeks. Today it finally made the Stage 2A breakout attempt from it's one and half year base...

There was a massive list of stocks to go through tonight, but the quality was very low, and so I actually ended up with a smaller final list.

A number of the key market breadth indicators weakened this week, with moves back to bearish signals in multiple indicators that had been positive for the last month or so, like the NYSE Bullish Percent Index which moved back to Bear Confirmed status on the 13th...

Another day with multiple precious metals miners breaking out, although this time a lot more Silver miners are appearing than before due to spot silver breaking out strongly from its recent consolidation on Friday. So Gold and Silver miners is clearly the strongest group this week.

Tonights scans were littered with gold mining stocks after spot golds breakout from its tight consolidation earlier today, and few big names made it back into the list too, as they continue to consolidate near their highs.

The market breadth indicators showed some negative action under the surface today, with some very strong moves like the S&P 500 Bullish Percent Index dropping -30.59% in a day, and similar moves in the NYSE Bullish Percent Index which changed both of them to Bear Confirmed status. The Nasdaq Bullish Percent Index also fell today, but by around half as much at -13.34%, which changed it's status to Bull Correction.

The watchlist scans took a turn today, with lots of failed moves. So caution is warranted here imo. Here's todays additions to the watchlist from Tuesdays scans - ATOM, DRRX, ISR, MRSN, RPAY, SSRM, UNFI, VNET