A mixed day in the stock market with the NYSE stocks down while the Nasdaq stocks were up. So rotation was the theme with money flowing out of the stronger RS areas, such as the Coal stocks, with the group chart now approaching its 200 day MA and moving into Stage 3...

The Stage Analysis Members Weekend Video this week covers the Major Indexes with analysis of S&P 500, Nasdaq, Russell 2000, as well as Oil, Copper, US 7-10 Year Treasuries & Gold...

The S&P 500 percentage of stocks above their 20 day exponential moving averages closed the week at 42.40% with an attempt to make a high low after reaching the most extreme reading since March 2020 earlier in June...

The Sector breadth table has deteriorated further through June as it currently sits at 22.95%, but it did get down to a new 2022 low of 15.78% on the 17th June. So it has improved by +7.17% over the last two weeks...

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 IBD Industry Groups Bell Curve – Bullish Percent has improved slightly over the last few weeks with a gain of +5.72%, which moves the average distribution of the 200 Investors Business Daily (IBD) Industry Groups to 24.53%...

While there is no denying that the US stock market is currently in a major Stage 4 decline, with every major US stock index in Stage 4 on the weekly timeframe that the primary Stages are determined on. The more recent price action over the last month is much more subjective, as it differs across the indexes...

The stock market saw strong moves on Friday with the 5th attempt at a Follow Through Day (FTD) forming of this Stage 4 decline, which coincided with other short-term signals...

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.