Weekend Routine – August 8, 2021


1. Reviewing last week to prep for next week: 5 Day 15 min Chart, Volume Stats & Commentary via @TLPrivate_

SPX 14 Aug 2021 00 19

SUFO – Stocks Up From Open
SDFO – Stocks Down From Open
U/D – Up/Down
RV – Relative Volume
HRV – High Relative Volume
LRV – Low Relative Volume
EOD – End of Day
PLG – Potential Leadership Groups
DMA – Daily Moving Average
KMA – Key Moving Average

Leadership Day – Indexes finish up on the session with leadership groups leading from the open.
Rotation Day – Indexes finish up on the session with laggards leading from the open.
Distribution Day – Indexes finish down on the session on increasing volume vs prior day. Track index volume: https://www.traderlion.com/stock-market-exchange-volume/

2. Market Review

SP500Nasdaq
Market ConditionsUptrendUptrend
Distribution Count64
Support10DMA10DMA
Market Indexes via Top 10 Report
sc 81
sc 82
sc 83

3. Sector, Group, Industry Review

1 Week Leading Performance-Momentum Groups: Steel, Home Construction, Transports, Materials, Robotics, Financials
1 Week Lagging Performance-Momentum Groups: Genomics, US Cannabis, Solar, China Internet, Nasdaq Biotechnology

WeekGroupPerformance202108151Week

4 Week Leading Performance-Momentum Groups: Home Construction, Steel, Growth Stocks, Semiconductors, Financials, Banking
4 Week Lagging Performance-Momentum Groups: China Internet, US Cannabis, Social Media, Real Estate, Miners

WeekGroupPerformance202108154Week

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Top 40 Industry Groups From MarketSmith
Screen Shot 2021 08 14 at 12.20.55 AM

3. IBD50, S&P500, Nasdaq, Bases Scan Review Notes

IBD50
The Good: UPST NET GLBE CLF SNAP ATKR DDOG ZS DECK HUBS DLO DOCS TASK MPWR CCS

Nasdaq
The Good: MELI BKNG EBAY ROST MNST DXCM TEAM DOCU ADSK AMD MXIM MRVL AVGO QCOM NVDA
The Bad: LRCX MU (Select Semi Equips under distribution)

S&P500
The Good: HON MMM DE CAT TSLA UA NKE DPZ CMG ROST ULTA MNST EW ALGN WST AON ADBE INTU ADSK PAYC AMD MXIM . Banks reclaiming KMAs moving up the right side. Low volatility names are doing well trending up. Utilities continue seeing rotation into them.
The Bad: Oilers remain below KMAs. Airlines remain below KMAs. Casinos and Cruiselines also below KMAs. Select Semi Equips under pressure.

Bases/KMAs Bunch Up Scan | Shows me where $$$ is rotating to in the markets

Tickers shaping up: NTR MOS (Fertilizers) SONO TOL KBH TMHC (Home Builders showing KMAs Bunching Up) CPRI DKNG TSCO ROST CERS MDB SI MARA RIOT (Crypto related names) CAMT

4. Key Watchlist Updates

Gappers Watchlist

Additions: KNBE SKIN
Deletions: ALF SGH – HUT BITF AEHR HLIT BYSI (Moved to HTF WL)

WL Tickers: AN AON ARVN BGFV BILL CELH CERS CLF CMG CROX CRWD DDOG DKS DOCU DT EXPI HCA IPG KNBE LB LC MDB MELI MGP NET PYPL RMBS SE SIG SKIN SNAP SONO SQ TWLO UPST WSM ZS

IPO Watchlist

Additions: RANI CRBU TASK
Deletions: HEPS OZON MCW PCOR

WL Tickers: AFRM ASO CFLT COIN COMP COOK COUR CPNG CRBU DASH DBX DLO DNUT DOCN DOCS FIGS GLBE JOAN LSPD MRVI OLO RANI RBLX S SEMR SNOW TASK TDUP U VZIO XM YOU ZI ZIM ZIP

Hight Tight Flag Candidates (HTF) Watchlist

Additions: FULC BTCM HUT BITF AEHR HLIT CERS AGFY BYSI CRTX MRNA NTLA
Deletions: CRCT

WL Tickers: AEHR AGFY ASAN BBW BCRX BITF BNTX BTCM BTU BYSI CERS CHS CRTO CRTX FLGC FULC HIMX HLIT HUT ISEE JILL LWLG MRNA NTLA NTP PFMT PFSW PRTA RTX RUBY SAVA STKS TMST VRTV ZDGE

5. Video Walkthrough & Portfolio Update Videos

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