S&P 500 $SPY -0.01% for the week. Thanks for playing!

$Gold has pushed strongly higher, and $AEM looks to be a group leader. I'm still lightly invested in growth names and focusing on gold as I assess whether we just had a short-covering jump or if the worst is over. Net lows continue on the Nasdaq and NYSE, which keeps me cautious

Today was a Follow Thorugh Day (FTD), but outsized gain were driven by Semi Conductors $SMH bouncing back having me question the strength. I prefer to see some consolidation before ramping up exposure... the wild card is tomorrow's CPI. A good number can spark a strong rally. My

It is rare to see such dramatic swings from panic to excitment, but by my favorite short term FOMO measure, we have now run up to 87% in short term buyer enthusiasm as investors hit the buy button almost everywhere. I'm waiting patiently at these levels for pullback buys vs.

Impressive action in $Gold as it breaks out to new all time highs today. What's particularl impressive is how it did so without much support from falling interest rates. I continue to be long the miners $AEM $WPM $GDX

Leading stocks should advance more than the market during up swings yet fall less than the market during corrections. Many stocks fit that description when studying the July top to now. That is my ongoing shopping list $AEM $PLTR $MELI $CWAN $RKT $GEV and many more

For the first time in a long time, FANG stocks/ Mega cap names are not leading the market rebound... A dovish Powell at Jackson Hole would have the power to trigger a bigger internal rotation into mid and small caps which have lagged since the bear market lows. Plenty of strong

Putting the final touch ups on my latest update for my Net Highs/Lows TradingView indicator. It will now have the option to show the data in percentages to more easily compare against past periods. John Muchow, MSCS working his coding magic again...

I updated my US Markets Net Highs/Lows tool. You can now view the net number as well as separate highs and lows data as a percentage of total stocks vs. simple raw numbers. Link: tradingview.com/script/eP814cA… This year's CMT Association Dow Award winners, Larry Williams and Ralph

A dovish Powell helped put non-mega cap stocks strongly into leadership position. Logically, interest rate sensitive groups such as housing and lending let higher with big moves in stocks such as $RDFN $TBBK $LTH $TOL $TREE. Near record close for $GLD and $IBIT pushed strongly

Tune in to our Space on Tuesday at 2 PM EST! Topic: Earnings Analysis W/ EarningsHub.com SPACE: x.com/i/spaces/1DXGy… Host: @acethekidTA Co-Hosts: Earnings Hub WOLF Speakers: @Hamids Evan DailyStockPick Matt Caruso, CFA, CMT ASoftishLanding TheGodF🅰therKnows

As $NVDA pauses and weighs on the indexes, it was encouraging to see more stocks showing strength, with notable breakouts like $GEV and $CYBR. I continue to believe that falling rates will lead to a broader market move. If AI trends persist, we'll need more electricity and

Tune in to our Space on Tuesday at 2 PM EST! Topic: Market Analysis W/ EarningsHub.com SPACE: x.com/i/spaces/1lDGL… Host: @AceTheKidTA Co-Hosts: Earnings Hub WOLF Evan Speakers: @Hamids Gnotz (Bull) Shay Boloor Simon Erickson

We're going to try something a little different for the #IWIBD podcast this week. Matt Caruso, CFA, CMT is on the show and we're going Live at 5 pm ET. We'll discuss current market, knowing what indicators to use and when, plus stocks. Watch here: 🎥youtube.com/watch?v=MAgtXe…

I'm looking forward to being on this week's Investing with IBD podcast with my friend Justin Nielsen on. Join us live with the link below!

Our first live episode of #IWIBD podcast featured Matt Caruso, CFA, CMT. Discussed market cycles and how he puts a twist on relative strength. Stocks covered: $GEV $TSLA $PLTR $NVDA $AMT $BCE Watch or listen here: 🎧investors.com/podcast 🎥youtube.com/watch?v=MAgtXe…