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There was a massive list of stocks to go through tonight, but the quality was very low, and so I actually ended up with a smaller final list.

A number of the key market breadth indicators weakened this week, with moves back to bearish signals in multiple indicators that had been positive for the last month or so, like the NYSE Bullish Percent Index which moved back to Bear Confirmed status on the 13th...

Another day with multiple precious metals miners breaking out, although this time a lot more Silver miners are appearing than before due to spot silver breaking out strongly from its recent consolidation on Friday. So Gold and Silver miners is clearly the strongest group this week.

Tonights scans were littered with gold mining stocks after spot golds breakout from its tight consolidation earlier today, and few big names made it back into the list too, as they continue to consolidate near their highs.

The market breadth indicators showed some negative action under the surface today, with some very strong moves like the S&P 500 Bullish Percent Index dropping -30.59% in a day, and similar moves in the NYSE Bullish Percent Index which changed both of them to Bear Confirmed status. The Nasdaq Bullish Percent Index also fell today, but by around half as much at -13.34%, which changed it's status to Bull Correction.

The watchlist scans took a turn today, with lots of failed moves. So caution is warranted here imo. Here's todays additions to the watchlist from Tuesdays scans - ATOM, DRRX, ISR, MRSN, RPAY, SSRM, UNFI, VNET

With the Biotech sector ETF breaking out to new highs today on strong volume, it unsurprising that over half of todays visual picks for watchlist stocks turned out to be in the Biotech sector.

The indexes had a strong week, after a few weeks of indecision, with the Nasdaq indexes making new weekly highs, but the majority of other indexes didn't manage to clear the previous weeks highs although they did close strongly on Friday.

More strong moves to close out the week, a few of which are at key levels going into next week.

A continuing theme of earnings gaps and numerous breakouts today. Things are feeling a bit frothy, but until there's evidence to the contrary. i.e breakouts start failing...