Those are the charts I’m stalking, but with the holidays here, my attention this week is mainly on the cookie table.
In my family, the cookie table is where a lot of quality time happens.
It’s where stories get shared while the frosting is applied, where jokes are made while the milk is poured, and where memories come rushing back when a bite reminds you of loved ones who are no longer around.
I love the markets, but I do this so I can have a life outside of them.
Weeks like this are a good reminder of why process matters in the first place.
When your approach is grounded, you don’t need constant action to feel engaged or validated.
The markets will always be there. Time with family won’t.
So this week is about perspective, patience, and enjoying what’s in front of me while the charts do what they’re going to do.
If you missed it last week, I broke down this dashboard and how I actually use it in my process during my weekly show.
Breadth is taking a breather on a short-term basis, with week-over-week moderation across the 5-day and 20-day windows. That’s a healthy reset after a strong run, not a breakdown, as intermediate and longer-term breadth remains constructive, particularly with Financials, Health Care, and Industrials maintaining solid participation above their 50-, 100-, and 200-day averages.
The key takeaway is timeframe alignment. Short-term consolidation is normal and constructive, while the broader offensive versus defensive backdrop still argues for staying invested and respecting the primary trend. This remains digestion within an uptrend, not a regime change.
The Stalk List
I shared over 20 charts on Friday on Thompson Two Cents. This week, I’m busy stalking the cookies.
