Consumer Discretionary and Technology stocks led today, boosting the Nasdaq 100, which has more than half of its stocks in those two sectors, and it's now pushing up to test the October pivot high, with 77% of its stocks currently above their 20 day EMA, and 54% above their 50 day MA, and 60% above their 200 day MA. So, although the Nasdaq 100 is technically in Stage 3 (i.e. within a distributional range), it is showing a positive short-term change of behaviour...

The Stage Analysis members weekend video begins with a look at some of the weeks significant bars in individual stocks, after a huge change of behaviour in the broad market. Followed by the regular weekend content of the Major US Indexes, the Futures Charts, Industry Groups Relative Strength (RS) Rankings, IBD Industry Group Bell Curve – Bullish Percent, and US watchlist stocks in detail on multiple timeframes.

There were 29 stocks highlighted from the US stocks watchlist scans today. I'll discuss the watchlist stocks and group themes in detail in the members weekend video, which will be posted later on Sunday.

The S&P 500 moved higher for a fourth day, and put in a second Follow Through Day (FTD) in a row, which is a CAN SLIM method term, that is used for identifying a potential short-term change of trend. This was also seen in the other major US indexes...

Stage Analysis midweek video discussing of the major US stock market indexes, short-term market breadth measures and the recent watchlist stocks on multiple timeframes.

The major indexes continued to gradually rebound from the most recent swing lows, with four days since low the Nasdaq 100 for example, which may turn out to be a bear flag, within the downtrend channel. However, the rebound attempt has caused some of the very short-term market breadth measures to turn back to positive

The Stage Analysis members weekend video begins this week with a detailed look at the market breadth data to help to determine the current weight of evidence, as it's a crucial spect of the Stage Analysis method. Followed by the regular weekend members content including the Major US Indexes, the Futures Charts, Industry Groups Relative Strength (RS) Rankings, IBD Industry Group Bell Curve – Bullish Percent, and US watchlist stocks in detail on multiple timeframes. Plus an update on Bitcoin and Ethereum.

There were 21 stocks highlighted from the US stocks watchlist scans today. I'll discuss the watchlist stocks and group themes in detail in the members weekend video, which will be posted later on Sunday.

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

The Stage Analysis midweek video begins with a group focus on the major crypto coins by market cap as Bitcoin makes a Stage 2 continuation attempt this week. Then analysis of the major US stock market indexes and short-term market breadth and the earnings reactions of the mega caps that have reported this week so far.