S&P Hits Fresh High, but only 2.4% Stocks Follow
Not a lot of confirmation by individual stocks in yesterday's new high in the S&P 500. Just 2.4% of stocks made a new 12-month high as well. $SPX https://t.co/lrAHiepiR3
RSI Jumps 30‑70 in 15 Days—Rare Historic Signal
RSI has gone from under 30 to over 70 in 15 days just two prior times since 1980: Nov. '16 & Aug. '82. It's not quite there yet but it's very close. $SPX $SPY https://t.co/qhQVEqh9QX
Travel Stocks Lead Large‑Cap Gains Amid Growth Surge
83% of large cap stocks up today with mid and small cap growth leading. Seeing travel stocks (airlines, cruises, booking sites) holding several of the top performing large cap stocks on the day.
First 2026 Breadth Thrust Signals Positive, More Needed
We got the first breadth thrust of 2026 yesterday (at least the first of the many that I track). Is that a good sign? Yes. Is one enough? No. I prefer to see at least 4 over a two-week period....
One Week Below 50‑week MA Signals Seller Exhaustion
I shared in Sunday's Thrasher Analytics note that if the S&P 500 was able to spend just one week under its 50-week MA then history has shown it's been indicator sellers were exhausted and price kept climbing. Week isn't over...
Large‑Growth Stocks Pull S&P Down, Value Holds
Large growth having a heavy impact on the S&P 500 today. Index down just over -1% but only 57% of large stocks are negative right now. Large Growth down 2x, (-2.1%) the broad index while Large Value is off only...
New Data Backs 5% Canary Theory Despite Market Anomalies
More data that supports the idea behind my 5% Canary paper. Markets don’t always follow historical precedence, but still important to know.
S&P 500
Will look closer later, but this might be the first time in a while the S&P 500 gapped under its 200-day MA without having previously breached it even intraday in the prior months. Interesting.
S&P 500 Weekly Momentum Remains Low
Week isn't over, but weekly momentum for the S&P 500 is at a pretty low level..... https://t.co/4q8LlgwKjX
S&P 500 Slides to Three‑month Low, Quarter of Stocks Follow
first three-month low in the SP 500 since April '25 with 25% of stocks also hitting a three-month low as well. $SPX $SPY https://t.co/NwLD3rcyjO
Fertilizer Stocks Surge Despite Oil Price Pullback
Crude oil has pulled back from its high of over $110/barrel, but fertilizer stocks are still moving, hitting multi-year highs. This corner of the market still appears to be expecting petro price pressure. https://t.co/r6Y5yIn6hu
Jakarta Stock Exchange Posts 5% Canary Signal
One market that has shown a recent 5% canary signal with confirmation is Indonesia's Jakarta Stock Exchange. https://t.co/dls4RSmwO4
S&P Outpaces Russell, Growth Stocks Lead Rally
$SPX up about double $RSP and 57% of large cap stocks are advancing this morning. Large cap growth leading the drive, up 1.28% compared to LC Value up 0.31%.
S&P Falls, yet Most Large Caps Rally—Rare Since 2000
As of yesterday, the S&P 500 has a three-month negative return. However, more than half of large cap stocks are up 5% or more over the last three months & 38% have advanced 10% or more. We'd have to go back...
Large‑cap Average Outpaces S&P 500 Despite Mega‑cap Slump
Chart from Sunday's Thrasher Analytics note.... While the S&P 500 has stagnated due to the poor performance of mega caps and specifically the Mag 7, the average performance of large cap stocks has been strong and is up double that of...
