In this market analysis, I review various ETFs and stocks as part of a regular series. I provide commentary on multiple sectors and individual stocks, analyzing their performance using price and volume action on both daily and weekly charts.
I emphasize caution in the current market environment, noting that many sectors and stocks are showing signs of institutional selling, including gap downs and increased selling volume. I advise viewers to be careful with areas such as gold miners, biotechnology, oil and gas, software, aerospace and defense, growth stocks, and various market indices like the S&P 500 and NASDAQ 100.
Some sectors, like medicine and real estate, are showing slight strength, which I attribute to their defensive nature or potential benefits from falling interest rates. However, I still advise caution and waiting for clearer signals before investing.
Throughout the analysis, I stress the importance of letting price and volume action guide investment decisions rather than forecasting or arguing with the market. I repeatedly advise against chasing breakouts and emphasize the importance of buying close to pivot points in clean, simple base patterns.
I also discuss several individual stocks, including Apple, Amazon, Google, Meta, Microsoft, and Netflix, providing similar chart-based analysis and cautionary advice. I remind viewers of key investing principles such as never letting a good profit turn into a loss and focusing on weekly and daily charts rather than day trading.
The analysis concludes with a mention of an upcoming “Top stocks to watch” video and encourages viewers to subscribe to the channel and consider joining the VIP membership for more detailed daily stock analysis.
