TL’s Weekly Stock Market Recap: December 12, 2020

TL’s Weekly Stock Market Recap covers the following:
* S&P 500 and Nasdaq Distribution Count and Support.
* Leading and Lagging Groups/Industries past 5 sessions.
* Leading and Lagging Groups/Industries past 4 weeks.
* Day by Day Review with Journal Notes.
* Market Index Review via Top 10 Report.

SP500Nasdaq
Market ConditionsConfirmed UptrendConfirmed Uptrend
Distribution Count42
Support21DMA21DMA
Last 5 Sessions
Leading % Change: Biotechnology, Solar, Social Media, Oilers, China Internet

Lagging % Change: Semis, Real Estate, Cannabis, Airlines, Financials
Last 4 Weeks
Leading % Change: Oilers, Energy, Cannabis, Airlines, Biotechnology, Social Media

Lagging % Change: Utilities, Miners, Real Estate, Home Construction, Medical

THE PAST WEEK: 5 DAY 15 MIN CHART, VOLUME STATS AND COMMENTARY VIA @TLPRIVATE_

Acronyms

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

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/

WeeklyReviewDec122020
MARKET INDEXES REVIEW VIA TOP 10 REPORT
sc 66
sc 70
sc 69
sc 68
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