Semiconductors continues to be the major group theme of the last weeks watchlist scans with around 20% of the group highlighted, with many in the early Stage 2 backup zone...

The Stage Analysis members midweek video discussing the S&P 500, Nasdaq Composite, Russell 2000 and short-term market breadth indicators. Plus a detailed look at the US Watchlist Stocks from today and yesterdays post in more detail with live markups on multiple timeframes.

SE (Sea Ltd) is in focus today with a strong Stage 2 breakout attempt following earnings results before the open, in which it had its first profitable quarter, which was a significant surprise over the analyst estimates, and so is a potential change of character for the stock...

The Stage Analysis members weekend video with the major US Indexes, futures charts, US Industry Groups RS Rankings, the Market Breadth Update to help to determine the Weight of Evidence and discussion of some the recent breakouts and stocks in Stage 2.

For the watchlist from Thursday's scans...

Gold is at an interesting point, as the Gold Futures (GC) has pulled back to its Stage 2 breakout level recently, while the US Dollar Index (DX) has also rebounded to its Stage 4 breakdown level, and hence both are now at potential pivotal points where support/resistance comes into play and hence potential for reversals...

For the watchlist from Mondays scans...

The Stage Analysis members weekend video featuring early Stage 2 and developing Stage 1 stocks, watchlist stocks in focus with upcoming earnings in the coming week. Plus the regular content with the major US Indexes, the futures charts, US Industry Groups RS Rankings, IBD Industry Groups Bell Curve - Bullish Percent, the Market Breadth Update to help to determine the Weight of Evidence.

The Stage Analysis members midweek video discussing the US Watchlist Stocks from today and yesterdays post in more detail with live markups on multiple timeframes, plus a brief look at the S&P 500 and short-term market breadth indicators too...

NVDA rebounded strongly in the after-hours trading session on earnings results, moving over +8%, which pushes it back towards the recent highs in its early Stage 2 advance. Which is a potential positive for the broader market breadth due to its size and influence as one of the mega cap stocks, and also the largest of the Semiconductor stocks...