TL’s Weekly Stock Market Recap: December 19, 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
Support10DMA10DMA
Last 5 Sessions
Leading % Change: Solar, Home Construction, Software, Growth, Cannabis

Lagging % Change: Energy, Oilers, Airlines, Banking, Utilities, Industrials
Last 4 Weeks
Leading % Change: Solar, Oilers, Biotech, US Cannabis, Oil, Social Media

Lagging % Change: Utilities, Real Estate, Transportation, Consumer Staples, Industrial

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/

WeeklyReviewDec192020
MARKET INDEXES REVIEW VIA TOP 10 REPORT
sc 107
sc 118
sc 109
sc 110
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CANSLIMScanDec19