Computer Networking now making its move & ranked #3# by #IBD# out of 145 sector rankings @Marketsurge While i continue to advocate selectivity within Tech given the extent of the deterioration in recent mths, it's encouraging to see stocks like $ANET $RDWR $EXTR play catchup to the CSCO, DGII of the world #InvestorsBusinessDaily# I find these multi-week base breakouts partcularly constructive as SPX is on the verge of its own triangle breakout #IBDPartner#

Many investors w/ AI fears should be instead concentrating on Magnificent 7 & what should happen this week as $MAGS breaks back out to new highs Charts via @IBDinvestors @marketsurge

Cybersecurity ETF $CIBR is trading really well here, turning up off the 50sma as it is trending. Got lucky with $NET (plenty of other difficulty though) as some of those names shrug off today's weakness. Chart by @marketsurge #IBDPartner#

The post earnings consolidation in $W is getting tight with higher lows. I have a position with a tight stop. A worst case stop would go below the post earning slow (red arrow) make the trade your own Daily chart from @marketsurge

SharkNinja ($SN) on #IBD50# list. I always take the time to scroll through these each week & surprised i missed this one on @marketsurge @IBDinvestors (Note, this isn't a recommendation but certainly a missed opportunity) And i think we're gonna need a bigger boat #LemmeSeeYourHandsHooper# Happy Weekend All...and don't go into the Water if you hear the music

Noone's talking about both REITS and Utilities (shown here) breaking down sharply this week. ($RSPU) #IBD# charts from @marketsurge detail this violation of its rising 40-week m.a. but relative charts are even worse vs. Equal-weighted SPX, hitting the lowest levels in years I discuss this in greater detail in tonight's report w/ a 10-min video. Hope many enjoyed today's 1 hour market webinar. For those still not on board, go here: Enjoy

Noone's talking about both REITS and Utilities (shown here) breaking down sharply this week. ($RSPU) #IBD# charts from @marketsurge detail this violation of its rising 40-week m.a. but relative charts are even worse vs. Equal-weighted SPX, hitting the lowest levels in years I discuss this in greater detail in tonight's report w/ a 10-min video. Hope many enjoyed today's 1 hour market webinar. For those still not on board, go here: Enjoy

Korn Ferry $KFY has pushed up aggressively in recent weeks to test the highs of its larger 5-year consolidation base. @marketsurge @IBDinvestors Volume has expanded in the last month & this Commercial Staffing Svcs stock will be one to keep a close eye on. Part of #IBD# MarketSurge Growth 250

Insurance ETF like $KIE just closed at new all-time highs last week, exceeding a tight 18-month base since 2024! @marketsurge @IBDinvestors While parts of the market have turned a bit defensive, overall it remains early to call the broader rotation too Defensive just yet with what's happening in Staples, Telecomm. Yet Insurance has begun to outperform $IAI , KBE, KRE and other parts of Financials I list my favorite Insurance names in tonight's piece

$META strong push off support in recent weeks has helped this yet again rise to levels of trendline resistance which have already been tested multiple times since last Fall With $MAGS knocking on the door of a breakout, this stock will be pivotal to watch carefully as it challenges 665 again into FOMC. Despite the choppiness of the past few weeks and mild breadth deterioration, seeing META start to kick into gear again w/ MSFT, NVDA, AAPL can help the market stay higher for now as poor sentiment, lack of defensive strength remain key for broader index strength. While breadth has certainly nose-dived of late, this directly followed R3K A/D hitting new all-time highs, so a mild pullback to its pivot won't be something to fear if trends in HC, Fins hold up while Industrials starts to stabilize. Keep a close eye on TNX, Crude as many who are laughing at Bessent might be in for a rude surprise when Rates start to reverse @marketsurge @IBDinvestors