Weekend Routine – June 26, 2021


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

SPX 25 Jun 2021 21 28

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 Count44
Support10DMA10DMA
Market Indexes via Top 10 Report
sc 129
sc 130
sc 132

3. Sector, Group, Industry Review

1 Week Leading Performance-Momentum Groups: US Cannabis, SP Biotechnology, Energy, Retail, Social Media
1 Week Lagging Performance-Momentum Groups: Miners, Utilities, Materials, Airlines, Robotics

1WeekGroupPerformance625

4 Week Leading Performance-Momentum Groups: Software, Biotechnology, Social Media, Technology, SP500 Growth
4 Week Lagging Performance-Momentum Groups: Airlines, Materials, Miners, Home Construction, Banking

4WeekGroupPerformance625

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Top 40 Industry Groups From MarketSmith

Top Industry Groups: Retail, Oil&Gas, Steel, Media, Commercial Services

Top40IndustryGroups20210626

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

IBD50
The Good: APPS CRCT CRNC CRWD DLO FIGS FVRR GLBE HUBS NET NVDA PINS QFIN ROKU SE SHOP SNAP SQ SWBI TIGR TSLA ZS
The Bad: Not much. Banks/Semis finding support vs last week’s break lower.

Nasdaq
The Good: TSLA EBAY PYPL SPLK ADSK DOCU AAPL AMD. Big Cap China catching a bid BIDU JD.
The Bad: Not much. Much of what was broken last week is starting to find support.

S&P500
The Good: Oilers hanging near highs. Aerospace Theme. DE/CAT types finding support. TSLA/GM/F theme in EVs. NKE Big Volume Gap Up in Retail. CCL/RCL/NCLH finding support at 50D/65EMA. Safety, Financials finding support. Healthcare holding. ADSK/AAPL KMAs bunch up. TER/KLAC acting well in Semi space. MU/AMD as well. DIS/TWTR shape.
The Bad: Not much. Oilers, Banks, Semis, Safety, Financials finding support.

Bases/KMAs Bunch Up Scan (Shows me where $ is rotating to)

The Good: Breadth remains good. Money is rotating within the markets and broad-based groups. Financials, Medical Equipments, Biotechnology, China, Restaurants (CMG, SHAK JACK WING SBUX AMRK LOCO ) names are seeing right side run ups.
The Bad: Not much. 500 Names on this scan shows breadth is high and strength in the market is broad-based.

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

RDFN MTCH MOMO SPOT NXST LILAK LBTYA LSCC PI FSLR SPWR AAPL CYBR ADSK TWLO SQ HZNP, Biotechs, BSX, SHAK CMG RUN SUNW

5. Key Watchlist Updates

Gappers Watchlist

Additions: ALF NKE SPCE
Deletions: None

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

IPO Watchlist

Additions: MCW CFLT DOCS GRVI
Deletions: ALF (Moved to Gappers)

WL Tickers: ABNB AEVA AGL AOUT APP ASO AVAH BFLY BMBL BZ CDAK CFLT COIN COUR DASH DEN DLO DOCN DOCS FIGS FOUR GLBE GRVI GTH HNST HYFM JOAN LFST LSPD MCW MNDY MRVI OCDX OLO OTLY OZON PATH PAY PCOR PLTR RBLX SEMR SKYT SNOW SQSP SWIM TASK TDUP TLS TSP TUYA VEI ZIM ZIP ZY

Hight Tight Flag Candidates (HTF) Watchlist

Additions: ANVS MOXC CRCT ASAN (from IPO WL) EDRY LWLG VTNR
Deletions: None

WL Tickers: ASAN ANVS BBW BCRX BNTX BW CELC CNTY CPE CRCT CRTO EDRY FLL FNKO FUTU GTBP HIMX JILL LORL LWLG MOXC NMRD NTP PLBY PRTA QFIN RUBY SAVA SBOW STKS TEN TMST VRTV VTNR ZDGE

5. Video Walkthrough & Portfolio Update Videos