There were 25 stocks highlighted from the US stocks watchlist scans today...

The Percentage of US Stocks Above Their 150 day Moving Averages in the 11 major sectors has moved higher by +12.92% over the last three weeks since the previous post of the 19th December, and so the overall average is now at 49.40%, which is firmly back in the Stage 1 zone in the middle of the range.

The Stage Analysis members weekend video featuring analysis of the US Sectors and major US Indexes. Followed by a look at the futures charts, US Industry Groups RS Rankings, IBD Industry Groups Bell Curve - Bullish Percent, Nasdaq 100 SATA Scores, the Market Breadth Update to help to determine the Weight of Evidence and finishing with the US Stocks Watchlist in detail on multiple timeframes.

For the watchlist from the weekend scans...

The IBD Industry Groups Bell Curve reversed slightly higher over the previous week with a +3.13% gain to close the week at 39.66%. The amount of groups in Stage 4 decreased by -19 (-9.5%), and the amount of groups in Stage 2 increased by +6 (+3%), while the amount groups in Stage 1 or Stage 3 increased by +13 (+6.5%).

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...

We last covered the Stage Analysis Technical Attributes (SATA) weekly scores for the Nasdaq 100 back in mid November, which shows a rough guide of the Stages of the individual stocks within the Nasdaq 100. i.e. everything above a 7 would be considered in the Stage 2 zone (Positive), 4-6 in the Stage 1 or Stage 3 zone (Neutral), and 3 or below is the Stage 4 zone (Negative)...

A massive list today, with numerous Stage 2 breakout attempts and breakout attempts within Stage 1 bases still. Gold & Silver Mining stocks were a major theme, as physical gold futures attempts to move into Stage 2, after testing the breakout level continually for the last month...

The start of the new trading year in the US stock market saw multiple Stage 4 breakdown attempts in the Energy group stocks, with the Exploration and Production group stocks dominating the scans of the stocks breaking down into Stage 4 and within late Stage 3 structures...