"The money is not made by buying dips." @MarkNewtonCMT on why he would rather wait for memory and semis to stabilize than try to catch them mid fall. Full conversation with @WOLF_Financial:

Walk outside before you check messages, start dinner, or make plans for tonight. Cortisol does not know the workday ended. Ten minutes of walking in natural light is the most reliable transition tool between your work self and your home self. Your family gets a different version of you on the other side of that walk. Your sleep tonight does too.

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

Equal-weighted Utilities and REITS broke down this week vs. Equal-wgtd S&P 500 to the lowest level in years, a process which had started a few months ago, but the last couple weeks have tipped the mkts hand in these rate sensitive sectors $XLU $RSPU

Watch the replay of my 1 hour webinar from yesterday- First half of Aug remains healthy but resistance could appear following strength into late next week (NO big mkt correction.. but some backing and filling could follow the rally)

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

And for longer-form content you can use, check out the list below...featuring: @AriWald @MarkNewtonCMT @chartsmarter @StocktonKatie @Todd_Sohn @RickDucat @RyanDetrick @sonusvarghese Find all the the links and subscribe here:

All-time highs on Tuesday, then a giveback on Wednesday. Pause or problem? @MarkNewtonCMT shows his charts and shares his take, live today at 2 p.m. Your tickers, his read:

$CRL (Charles River Labs-Drug Development/Research) was today's top performing $SPX name, higher by +11.36%. This weekly chart by #IBD# helps to put this move into perspective This week has helped the stock rise to the highest level since '24 and also making steady progress since it peaked back in '21. Good move on both a daily and weekly basis in this Healthcare name- @IBDinvestors @marketsurge as it gradually recovers its decline from 2021

I'll be on with @cvpayne Today at 2:50 pm talking markets. Sometimes when you're relegated to the D block, you have to rock the fancy Summer Blazer. We'll see if i can outdress CP. Doubtful CC: @FoxBusiness

A meaningful move in Technology today but one which creates a tricky short-term process for those that had derisked.. and while some stocks look quite good here technically, many of the Memory & Semis maintain bearish weekly momentum which will take time Both $TNX and Crude have to be watched carefully headed into 8/12-14 as uptrends could certainly kick into gear for both which have been tailwinds for risk assets in recent weeks. In my video tonight, i discuss a strategy for the best way to attack Tech for those who care. Below is #IBD# Equal-weight Technology ETF I'll be doing my monthly call on Thursday this week which comes at a timely period and encourage clients to join @marketsurge @IBDinvestors #ibdpartner#

Two technical stories today: $PLTR higher by 27%, punching into a downtrend that has held since November. $SPCX heads into earnings after close, with short interest surging. @MarkNewtonCMT published on both in real time:

July was a case study. Technology broke down while healthcare, financials, and the equal-weighted S&P 500 pushed to record highs. Then technology snapped back hard. Was the breakdown the warning or the opportunity? This Thursday at 2pm ET, @MarkNewtonCMT, reads price action, chart structure, and key levels on stocks submitted by members. You submit the tickers. He tells you what he sees:

Good to take a break from charts most weekends and "Surrender to the Flow" particularly when @phish plays Fenway Park Amazing unofficial end to Summer tour. Phantastic weekend in Boston

Some interesting signs of strength popping up within Consumer Discretionary which even on an Equal-wgtd basis to discount AMZN's recent surge, is impressive I discuss some of my favorite Discretionary stocks in tonight's report & what to look for to think this sector is starting to turn higher relatively to $RSP, which is premature. (Hotel & Casino along w/ many Builder stocks have underperformed lately) but important to pay attention when RSPD starts to strengthen like this @marketsurge @IBDinvestors

Outside of Tech, $XLI was hard hit today, & $LII $PSN $VFC, $VRT $DBD, $ACHC all suffered abnormally big losses as XLI broke its trend from late March. While Tech losses thus far have not really spread to other parts of the market which have been strong of late, like HC, Fins, which along with Industrials, all made new highs in the last month, it's important to keep a close eye on these given that Tech losses have accelerated of late. The bifurcation has grown w/ Equal-weighted SPX having made new All-time highs yesterday but meanwhile SPX, QQQ just broke short-term support I'll be discussing this in notes in the days ahead, but today's XLI break is not dissimilar from what happened in $DJI and both look to have short-term downside given today's break. Selectivity is important for those short-term oriented @marketsurge @IBDinvestors #IBDPartner#

Despite $QQQ having broken June and July lows, we saw healthy gains in sectors like Healthcare, Financials, Utilities and Industrials ($XLI shown here) Many parts of Aero/Defense starting to rebound along w/ many Transportation names w DJT minor breakout back in mid-July This broad-based recovery in many sectors is actually quite healthy during a time when many are starting to turn more bearish ahead of Hyperscaler earnings. hmm @IBDinvestors @marketsurge #IBDPartner#