There were 36 stocks highlighted from the US stocks watchlist scans today...

The Software group is the dominant theme in todays watchlist scans with multiple stocks in the group approaching their respective Stage 2 breakout levels...

The midweek video is a group focus on the Coal group and stocks, which led the market through the majority of 2021 and early 2022, and has multiple stocks closing the year above a +100% gain and three quarters of the stocks with more than a +20% gain year to date. However, the group and its stocks have weakened in late Stage 3 type structures over the last 8 months or so, and hence it is vulnerable to a potential Stage 4 breakdown attempt...

There were 28 stocks highlighted from the US stocks watchlist scans today...

A major theme showing up in the scans of the technically weak stocks and etfs was the large amount of Oil stocks in late Stage 3, and hence vulnerable to potential Stage 4 breakdowns in the near future...

The Stage Analysis members midweek video discussing Gold, Silver & The US Dollar, the S&P 500 & Nasdaq 100 Equal Weight Comparisons, short-term market breadth indicators and the US watchlist stocks in more detail with live markups of the individual stocks and group themes.

The equal weighted index of the Nasdaq 100 is note worthy currently as it is outperforming the regular Nasdaq 100 by around +6%, as it is still around +12% above the October 13th spring low, whereas the regular Nasdaq 100 is only around +6% above it...

The Stage Analysis members weekend video begins this week with a special focus on the Home Construction Group stocks, of which multiple stocks within the group made a Stage 2 breakout attempt this week against the weak market action...

For the watchlist from the weekend scans...

This is the first post of a new weekly regular feature focusing on some of the most vulnerable issues in the US market, in order to get a broader picture of the overall market health and contribute valuable information to our Weight of Evidence – which is the key to successfully using Stan Weinstein's Stage Analysis method.