While some of the technical action is improving in stocks, volume is strikingly missing. Hologic showed a breakout today with decreasing volume and Souther Copper and Alamos Gold got health bounces without volume.

The major indexes continued to trade tightly over the latest week, but a flood of earnings could be a market catalyst up or down. Arista Networks is trying to find support with key customers on tap. TJX is flashing early entries. JPMorgan is battling back.

An earnings sell-off for Tesla weighed on sentiment as declining stocks beat advancers by more than 2-to-1 on both exchanges. Preliminary data showed lower volume on the Nasdaq. Lam Research popped on earnings; SPS Commerce is near highs ahead of next week’s earnings report, while IBP topped a new entry.

Indexes rallied off lows for the fourth time in five trading sessions. Health care stocks dominated the upside, helped in part by a strong earnings report from Intuitive Surgical. But weak earnings from Elevance Health fueled a sell-off in health insurers. Western Alliance gapped up on earnings, while HubSpot is still in a buy zone.

Indexes didn’t move much, continuing to trade tightly, near 2023 highs. Mobileye and Lockheed Martin flashed buy signals, while Las Vegas Sands is near a breakout with earnings on tap.

Indexes made progress but it isn’t easy out there. Chip stocks struggled and we’ll look at Broadcom getting support. Plus setups in DoubleVerify and Floor & Decor.

The stock market rally advanced this week, with Thursday’s big gains offsetting some downside reversals. It was a tricky week for new buys. Netflix and Tesla aren’t far from buy points with earnings looming. LULU stock is trading tightly after a big earnings gap.

Several top-rated growth stocks scored big percentage gains, but volume stayed light in many names. Sentiment was positive after producer prices unexpectedly fell in March, but the market is still learning toward another quarter-point hike at the May 3 meeting. Southern Copper, Visa, and Apple are all near buy points.

The stock market initially responded positively to news that consumer prices rose 5% year over year, well below February’s reading of 6%. Growth stocks came under more selling pressure, but Lululemon and CRM continue to trade well post-earnings, while Atlas Energy is trying to clear an IPO base.

The major indexes wilted in the final hour of trading, but still healthy. A number of stocks flashing buy signals. Builders FirstSource, D.R. Horton and Shockwave Medical did so in higher volume. The CPI inflation report is due early Wednesday.

A weak start for the indexes didn’t look nearly as bad at the close. That’s even with mega-cap techs dragging indexes down. Five Below showed a breakout, Crocs found support at its 50-day line and Rambus got support at its 10-day line.

The major indexes closed the week mixed after normal, healthy looking pullbacks, though many leading stocks had sharp losses. Google broke out Friday, while Alibaba flashed an aggressive entry. Intuitive Surgical is flirting with an early buy point.  

The NYSE indexes held up better than the Nasdaq composite as several top-rated growth stocks fell sharply. Despite the harsh selling, the Nasdaq is testing its 10-day moving average and holding near the 12,000 level. Rambus held up well despite selling in the chip sector, but Deere plunged through a long-term support level.  

The major indexes fell as declining job openings raised recession fears. Megacaps held up while ServiceNow showed strength. But market breadth was anemic, with “real economy” stocks such as Atkore selling off hard. C3.ai plunged on short-seller allegations.

Indexes digested the gains of last week on Monday. Tech took a little breather and oil led the day on an OPEC+ announcement of production cuts. Chevron helped the Dow Jones Industrial Average charge ahead but it’s still weak. Super Micro Computer followed up on a 21-day line bounce and Monolithic Power is setting up a cup with handle.

The market rally staged a decisive bull turn starting Wednesday and closed Friday near weekly highs. A growing number of stocks are flashing buy signals, including ServiceNow. Tesla also broke out, but with some caveats. Aehr Test Systems, which has been a leader, gapped lower on earnings.

Advancing stocks had a slight edge over decliners on the Nasdaq, while breadth was slightly better than 2-to-1 positive on the NYSE. The Nasdaq composite reclaimed the 12,000 level, helped by another day of outperformance for semiconductor stocks. Financial stocks lagged.

Major stock indexes strengthened into the close as buyers dictated the action. The S&P 500 showed key technical action by climbing above the 4,000 level and its 50-day moving average. The Nasdaq composite gapped up but still needs to punch through the 12,000 level. The session delivered several strong gainers, including technical breakouts for Workday, Rambus and Tradeweb Markets

It was a relatively quiet day, with the Nasdaq holding key support and the S&P 500 trading below key levels. The Dow Jones and Russell 2000 had inside days. Megacaps retreated, with Microsoft low slightly below a buy point. Shift4Payments, after holding key levels, is nearing a possible entry. Manufactured homemaker Skyline Champion is flashing a buy signal.

Money flowed out of bonds, sending the 10-year Treasury yield higher by 15 points to 3.52%. Financial stocks rallied, lifting the Russell 2000 small-cap index to a day of outperformance. JPMorgan, Goldman Sachs, and American Express led the Dow Jones. Tenable and Ulta Beauty are forming new bases, while Smartsheet is pulling back in light volume.

The Nasdaq led the major indexes higher for the week, but there were big highs and lows. The Russell 2000 hit 2023 lows as bank stocks kept tumbling, though they steadied somewhat Friday. PagerDuty, MercadoLibre and Meritage Homes are setting up. But this is still a divided, volatile market rally attempt. Bec cautious.

The Nasdaq composite surged 2.5% intraday but closed near lows after rallying close to the 12,000 level again. The S&P 500 also pared gains and took out Wednesday’s low after another attempt to reclaim the 4000 level. KB Home jumped after reporting earnings, Flywire fell in light volume for the second straight session while MarketAxess halted a three-session slide.

The Federal Reserve, as expected raised its key lending rate by another quarter point to a range of 4.75% to 5%. It sees the terminal rate at 5.1% by the end of the year, which implies one more rate hike. The Nasdaq composite and S&P 500 ran into key resistance levels before turning lower, but Microsoft, Lam Research and Meritage Homes held up relatively well.

The major indexes rebounded as Treasury Secretary Janet Yellen said the U.S. would do more to protect bank deposits if needed. But volume was light heading into the Fed rate hike decision. On Holding blasted out of base on strong results and guidance. Aehr Test Systems surged as many chip plays backed off early gains. Google flashed a possible early entry as it released its AI chatbot Bard for testing.

Financials and energy saw brutal losses last week but tried to make a stand on Monday. Meanwhile, tech lagged a bit after outperforming recently. Cyber security firm Palo Alto Networks is holding near a recent buy point and Booking.com and First Solar are potentially actionable with bounces from moving average lines.

The Nasdaq rose strongly last week, reclaiming all the moving averages. But the other indexes are below those key levels amid the ongoing bank crisis. Chip stocks remain strong, with Aehr Test Systems forging a new base. Lennar rebounded from key levels. Chinese e-commerce giant PDD is setting up with earnings on tap.  

Stock indexes reversed sharply higher after the Wall Street Journal reported that JPMorgan and other big banks were in talks with First Republic Bank about a capital infusion. The dollar amount of $30 billion was confirmed late in the session. Winners beat losers on the Nasdaq by more than 2-to-1.

Stock indexes fell but closed off lows Wednesday as investors flocked to bonds again. Sentiment turned positive in the afternoon after Switzerland said it would provide liquidity to Credit Suisse if needed. A lower interest-rate environment fueled more buying in large-cap technology stocks.

The major indexes rose Tuesday, but came well off their late morning highs. Bank stocks surged at the open but then came well off early highs. Facebook parent Meta Platforms flashed a buy signal, Boeing flirted with an entry while Fortinet is setting up. All are showing relative strength.

The major indexes started uncertain despite efforts to shore up concern from depositors at failed banks. While waiting for the dust to settle, it’s a good idea to keep watch lists fresh with stocks holding up well in the volatility. Long-term leader MSCI, and tech stocks Monolithic Power and Cadence Designs have relative strength and support going for them.

The major indexes sold off sharply for the week, breaking through multiple support levels, first on Fed rate hike fears and then on banking woes. JPMorgan bounced on Friday, a positive sign, while Palo Alto Networks and Meta Platforms are holding near buy points. But investors should largely be in cash.

The major indexes applauded jobless claims early but fell below support levels as the day wore on. Financials were the hardest hit and dropped the S&P 500 and Nasdaq composite below key support levels. Still, there were some stocks holding up during the selling including Toro, GE and Iridium.

The major indexes showed indecisive trade a day after selling off on Fed chief Powell’s hawkish testimony Tuesday. The S&P 500 and Russell 2000 are right around their 50-day lines. Chip stocks were strong, with Monolithic Power setting up. Oracle is close to a buy point with earnings due. C3.ai fell solidly for a third straight session after skyrocking Friday.

The major indexes fell sharply after Fed chief Jerome Powell signaled rates will go higher and faster than previously expected. The Nasdaq composite fell below its 21-day moving average while the S&P 500 tumbled through its 21-day and undercut its 50-day line. Delta Air Lines gained altitude and Canadian Solar held up on solid days for those sectors. But Freeport-McMoRan sold off as miners tumbled.

The major indexes started strong but finished weak ahead of two-day testimony by Fed chair Powell. The S&P 500 and Nasdaq composite remain above their 21-day moving average lines but the Dow Jones Industrial Average hit resistance at its 50-day line. But there were still pockets of strength including a move above resistance for Splunk, a flat-base breakout by MercadoLibre and a setup continuing for Lantheus.

The major indexes continued their rebound from Thursday morning, with the S&P 500, Nasdaq composite and Russell 2000 all reclaiming their 200-day line. A slew of leading stocks flashed buy signals amid dramatic market reversal. Solar IPO Nextracker blasted out of a base. Database software maker Alteryx flashed an early entry in strong volume. Caterpillar is actionable within its new base.

The S&P 500 and Nasdaq opened solidly lower as the 10-year Treasury yield raced above 4% on jobless claims and eurozone inflation data. But the major indexes rebounded from and above key levels. The Dow Jones led, fueled by Salesforce surging on earnings. Aehr Test Systems had a wild day on Tesla-related fears. Dexcom, which had its own existential threat last week, jumped near a buy area on positive Medicare news.

The major indexes couldn’t hold early gains in the stock market today, which is yet another sign of weakness. Underneath the surface, several watchlist-worthy stocks are showing strength. First Solar surged on earnings, breaking out of a base. FCX moved higher on strong economic data out of China, retaking its 50-day line. Shift4 Payments added to its gains after moving above the 50-day line on strong earnings Tuesday.

The market uptrend remains under pressure.