Stage Analysis weekend video featuring the regular weekly member content of the Major Indexes Update, Futures SATA Charts, Industry Groups RS Rankings, IBD Industry Group Bell Curve, Market Breadth Update to help to determine the weight of evidence, Stage 2 breakout attempts on volume and finishing by discussing the US Watchlist Stocks from the weekend scans in detail on multiple timeframes.

There were 18 stocks highlighted from the US stocks watchlist scans today...

The IBD Industry Groups Bell Curve decreased by -0.32% this week to finish at 38.63% overall. The amount of groups in Stage 4 increased by 4 (+2%), and the amount of groups in Stage 2 increased by 2 (+1%), while the amount groups in Stage 1 or Stage 3 decreased by 7 (-3.5%).

Custom Percentage of Stocks Above Their 50 Day, 150 Day & 200 Day Moving Averages Combined Market Breadth Charts for the Overall US Market, NYSE and Nasdaq for Market Timing and Strategy.

The purpose of the Relative Strength (RS) tables is to track the short, medium and long term RS changes of the individual groups to find the new leadership earlier than the crowd...

The bifurcated market continues with the Nasdaq 100 making higher highs in early Stage 2, while the S&P 500 consolidates at the top of its Stage 1 base structure, and the Russell 2000 Small Caps continues to decline, and hold below its 200 day MA...

NVDA is the most talked about stock in the after-hours today, following its earnings results and guidance. With a huge move to new all time highs (380.60 currently in the after-hours), which puts it at over 100% above its 23rd January Stage 2 breakout entry point...

The main theme from the watchlist scans today was the Gold Mining group, so I thought it would be interesting to do a follow-up on the group, which I've discussed previously in detail around the Stage 2 entry zones...

Stage Analysis weekend video discussing some of the weeks most significant Stage 2 Breakouts and Continuation attempts, plus the regular weekly member content of the Major Indexes Update, Futures SATA Charts, Industry Groups RS Rankings, IBD Industry Group Bell Curve, and Market Breadth Update to help to determine the weight of evidence...

The IBD Industry Groups Bell Curve – Bullish Percent shows the few hundred industry groups plotted as a histogram chart and represents the percentage of stocks in each group that are on a point & figure (P&F) buy signal. This information provides a snapshot of the overall market health in a unique way, and is particularly useful for both market timing strategies and as a tool in aiding with the Stage Analysis methods "Forest to the Trees" approach, where we look for developing group themes...