Weekend Routine – July 9, 2021


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

SPX 09 Jul 2021 23 02

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 Count22
Support10DMA10DMA
Market Indexes via Top 10 Report
sc 21
sc 22
sc 23

3. Sector, Group, Industry Review

1 Week Leading Performance-Momentum Groups: Real Estate, Technology, Health Care, Medical, Vanguard HealthCare
1 Week Lagging Performance-Momentum Groups: China Internet, Oilers, SP Biotechnology, IBD50, Energy

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4 Week Leading Performance-Momentum Groups: Solar, Technology, Medical, SP500 Growth, Software
4 Week Lagging Performance-Momentum Groups: Miners, Oilers, Airlines, China Internet, Energy

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Top 40 Industry Groups From MarketSmith
Top40IndustryGroups20210710

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

IBD50
The Good: CLF WAL SNAP CUBI DLO IIPR SE INMD ROKU JBL ASAN GLBE ENPH SHOP DECK FVRR BILL ZS NET
The Bad: Some consolidation, some retrace. No large distribution seen on weekly closing basis.

Nasdaq
The Good: FAST CPRT TSLA (EXPE MAR BKNG) SBUX MELI AMZN EBAY ISRG ALGN PYPL ADBE WDAY ADSK AAPL CSCO (SWKS AMD AVGO QCOM TXN) FB GOOG. Semis Theme. Travel Theme. Overall good breadth and most charts intact.
The Bad: Not much yet. Early week we saw weakness which was scooped up.

S&P500
The Good: Health Care Equipment/REITs/Oilers/Chemicals/Aerospace/Tech/Semis remain in good shape. TSLA (CMG SPZ MCD SBUX) EBAY ETSY (HD/LOW) (PYPL MA V) ADSK NOW MSFT ORCL FTNT QRVO MSI AVGO TXN DIS TWTR. Lots of good.
The Bad: Airlines at 200D / CCL NCLH 200D / Casinos 200D with pseudo corrections. C/BAC/WFC running into overhead resistance.

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

The Good: Breadth remains good. Money is rotating within the markets and broad-based groups. Aerospace, Semiconductors, Medical.
The Bad: Not much – over 400+ tickers in the bases scan is always a good sign.

The following tickers are building the right side pivots and caught my eye at first glance.

ALB LTHM* RADA NIU PII GOOD HD LOW HZNP HALO* LAZ WDAY ADSK* ALRM* VSAT* QRVO* TSM* POWI

5. Key Watchlist Updates

Gappers Watchlist

Additions: None
Deletions: VCEL NVCR

WL Tickers: ACRS ALF ARVN AVID BGFV BILL CELH CLF CROX CRSP CRWD DDD DKNG DKS DOCU DT EDIT HAYW HYRE LB LFMD MDB NET PYPL RUN SBLK SE SGH SIG SNAP SONO SPCE STIM SWBI TIGR TWLO UPST UPWK WSM ZS

IPO Watchlist

Additions: CFLT CXM VZIO CPNG
Deletions: TASK COUR VEI APP TLS AGL ZY AvAH

WL Tickers: ABNB AEVA AOUT ASO BMBL CFLT COIN CPNG CSM DASH DEN DLO DNUT DOCN DOCS FIGS FOUR GLBE HEPS HYFM JOAN LFST LSPD MCW MNDY MRVI OCDX OLO OZON PATH PAY PCOR PLTR RBLX S SEMR SKYT SNOW SQSP SWIM TDUP TSP VZIO ZIM ZIP

Hight Tight Flag Candidates (HTF) Watchlist

Additions: BTU ALEC SEE PFSW
Deletions: EDRY FNKO FLL FUTU BW BLIN CNTY

WL Tickers: ALEC ANVS ASAN BBW BCRX BNTX BTU CERE CHS CPE CRCT CRTO GTBP HIMX ISEE JILL LORL LWLG MOXC NMRD NTLA NTP PFSW PLBY PRTA RUBY SAVA SBOW STKS TEN TMST VRTV VTNR ZDGE

5. Video Walkthrough & Portfolio Update Videos

Weekend Routine Video Walkthrough

Portfolio Update Video Walkthrough

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