The Sunday Stalk List | Ep. 36

Welcome back to The Sunday Stalk List.

Every weekend, I review hundreds if not thousands of charts across U.S. indices, global markets, breadth, sentiment, and intermarket relationships.

And now I’m opening up my stalk list.

The names that stood out the most from my review.

This Week’s Theme: Failed Breakouts. 

Failed breakouts are starting to stack across the tape. 

Not just one group. Not just one stock. We’re seeing moves above resistance that can’t hold.

That’s normal in a bull market, until it isn’t.

Now the real tell isn’t the failure itself. 

It’s what happens next.

Let's get into it. 

Breadth - "The Market of Stocks"

If you missed it, I broke down this dashboard and how I actually use it in my process during my weekly show.

I built this dashboard in quadrants for one reason, to make it painfully obvious where the strength lives under the hood.

Right now, it couldn’t be clearer.

The offensive heavyweights are losing short and intermediate-term participation, while the defensive groups are expanding across multiple timeframes. 

The starters are off the field, and the benchwarmers are in.

Breadth isn’t dead. It’s just not coming from the names that actually move the scoreboard.

The Stalk List 

I broke these down in detail yesterday, so I won’t beat a dead horse here, but this is truly my main focus right now. The starters NEED to wake up.

Yes, Materials, Energy, Consumer Staples look great. 

No argument. But they’re extended. 

Posting charts that are already going vertical might get clicks, it doesn’t add value. 

In the near term, I don’t see favorable entries there, so pretending otherwise would be intellectually lazy.

Anyone can post strength after it’s obvious. 

I’m focused on the areas at critical junctures.

The job is to evaluate the inflection points, especially when the answer isn’t clear. 

That’s where the signal is.

Failed breakouts piling up in key leadership groups are acting like ankle weights on the index. 

They’re not killing the bull market, but they’re definitely slowing it down.

Now it’s simple. These charts need to hold the line. 

If they dig in at support, this stays sideways and frustrating. If they don’t, sideways turns into down a lot faster than people expect.

Bull Markets can handle hesitation. They don’t handle breakdowns.

Anyway, that's my two cents. 

I went live Friday to dig deeper into the leadership dynamics right now. 

If you missed it, throw it on 1.5x speed and let it rip.

And if you enjoy it, hit the like button. It’s the easiest way to show some support.

Much love.