6/25/2026: It's a Biotech bull!
- $XBI $IBB continue the awesome move higher with Genomic stocks $ARKG $TWST $TXG $PSNL $GH
- Homebuilders $XHB $ITB $TOL $PHM trying to lead once again.
- $JETS getting a lift as Crude Oil has been in a steady decline for a few weeks $DAL $UAL $AAL
- $MU obviously stole the show on earnings but leave it to $SNDK to close up 22% to $MU 16%
- $MAGS completely out of favor this year and speeding up below the 200sma. They are an absolute no touch here even if they stage a short term rally.
- $UFO coming into a key level with the 200sma $RKLB $PL $ASTS already cut in half but with $SPCX unable to rally we will see what happens against the 200 day.
- $EWY with the overnight gap down and taking the memory names with it.
- There seems to be some very ugly under the surface unless you are playing a few of the first groups mentioned above.
- That ugly action is part of the chop necessary to build new bases in the growth space after many made a few hundred % moves.
📈Relative Trend Strength: Stocks In Leading Groups💪
271 of 2,508 stocks are in leading groups with above avg ATR*. These are mapped to their Relative Trend Strength (RTS) below.
* avg of +$1B market cap universe
📈Stock Industry Performance*📉
"The ONE thing that improves EVERY swing trading strategy... sticking to leading industry groups"
https://t.co/dqVgOB0jZX
📈Strongest ↗️
Airlines ✈️
Residential Construction
Diagnostics & Research
Department Stores
Real Estate - Development
Data provided by @finviz_com
*Weekly x Monthly Absolute Strength
Beyond impressive what we're seeing out of $MU and $SNDK today.
That said, it should go without saying that we need a few other themes to start bouncing back as well. One group isn't going to lift the entire Nasdaq.
Along those same lines, we've already seen some sizable washouts in $IGV, $MAGS, and $UFO. I'm not necessarily looking for any of these groups to immediately snap back into clean uptrends, but a pullback in the Dollar could provide a tailwind and set up a tradable bounce.
📈Stage Analysis: Nasdaq-100 📉
101 tickers $QQQ $QQQE
Font colors:
🟠Trend inflection ⬆️
⚪️Trending ↗️
🟢Buyable
🔵Reduce 50% if holding
🍐Restore full position if trimmed
🟣Extended (7x ATR-to-SMA50 or greater)*
🔴Sell 100% if holding
🟤Trend inflection ⬇️
🐘Trending ↘️
This interpretation of Stage Analysis has been adapted to swing trading and is aligned to Oliver Kell's "Cycle of Price Action".
These are some names that deserve a spot on your watchlist right now before market reclaim its posture.
$SMTC $FLEX $NUAI $HPE $OKTA $DDOG $SOLS $UPST, $MXL also incredible weekly chart
Outlier winners almost always emerge from bases/wedges that have been building for at least 6 weeks, and they move from 10 & 20, without more than 4x ATR% extension from 50-MA. These are the trades that can meaningfully move your account equity. Use my 2024 $COIN and $KC trade mark up as a reference. $HUT Jan-Apr 2026 build up, as well before +100% move till today, and from its industry group $WGMI was a October'25 to April'26 wedge building before leading as 3-month strongest RS group.
You need a great deal of patience. If you're a subscriber, you'll know how patient I am (always seek reason to avoid a trade), even when a watchlist stock that remains early and loose at base starts moving, I'm often willing to wait for that pullback to happen, and it often does.
https://t.co/N4WGPNT7q7
📈Guru Screener - Qullamaggie Minervini Stockbee O'Neil 📉
$LRCX $AMAT $GEV $ASX $GLW $TER $JBLU $SIMO
Below is the "Guru" scanner* of the excellent work of Qullamaggie, Minervini, Stockbee and William O'Neil
- Qullamaggie Breakouts
- Minervini Trend Template
- Stockbee 9 Million Movers
- Stockbee 20% Weekly Movers
- Stockbee 4% Daily Movers
- O'Neil CANSLIM
* based on my interpretation
Stage Analysis 📈📉and strike zone ⚾️badges are shown