This weeks moves in US stock market indexes and individual stocks confirmed what the market breadth indicators have been warning over the last month. However, the pullback has been much sharper than anyone could have predicted and so it looks like we've put in at least a medium term top imo...

Gold stocks dominated the weekend scans with volume coming into multiple stocks in the precious metals miners, and so per the "Forest to the Trees" Approach in Stan Weinstein's Stage Analysis Method, we should be focusing in on the sector and looking for the strongest stocks for potential trades if they are setup right.

The major stock market indexes attempted to breakout to new highs again this week, but failed, and turned down to end the week near their lows. In contrast US treasuries made a Stage 2 continuation breakout to new highs, as did Gold on some reasonable volume, and the Gold miners. So I took a position in Gold in my pension account.

The Cumulative Stocks Breakouts – Breakdowns moved back to new highs again this week. However, the short, medium and long term oscillators...

I've only highlighted one solar stock, but there was a number of other solar stocks that appeared in my scans tonight, so might be worth investigating the solar sector to see if there's anything going on there.

I'm back from my ski trip to Austria, and feeling mentally refreshed, but physically exhausted at the same time. So am easing myself back into the market. Here's todays additions to watchlist from my scans...

This week saw a number of major stock market indexes attempt to breakout to new highs. However, only the Nasdaq indexes managed to breakout and hold to the end of the week.

The daily point and figure double top breakouts and double bottom breakdowns in the NYSE and Nasdaq Stock Market. +196 net breakouts - breakdowns for the week

A smaller list than usual on Monday, with a potential Stage 2A breakout and a few stocks with potential to make Stage 2 continuation breakout attempts this week.

A regular look beneath the surface of the US stock market, featuring the key market breadth charts for timing trading stocks and the stock market indexes, such as the NYSE Bullish Percent Index, the Advance Decline Line, the New Highs - New Lows etc...