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July is in the books and there are some fresh trends brewing beneath the surface. 

The tech and growth trade has led the market off the April lows, but recent evidence suggests this theme is cooling. 

...
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Can retailers recover from a brutal 5 days?

Sunday Musings Ahead of a Huge Week

The long grind higher since the April 8th lows came to a thudding halt last week and, not surprisingly, it was the Consumer Discretionary names leading the way lower. By the time the...

The Macke Letter
Jeff Macke
The Macke Letter
$TGT
$WMT
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$UBER
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Weekly Beat Logo

Last week was a masterclass in extremes. 

We saw explosive breakouts from multi-year bases, fresh all-time highs, and some of the most powerful earnings reactions in decades.

We also saw brutal reversals - textbook failures at key...

The Beat Report
VIX
A lot of Potential

Sunday Stalk List | Ep 10

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...

Thompson's Two Cents
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This is the weekly post that aggregates all the charts we put together throughout the week and organizes them all into one, easy to flip through deck.

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Align technology
Also, common sense, sham of a scam, the new gilded age and upcoming travel. 

▶ I know everybody has been giddy these days, until Friday at least. But just remember what goes up... Well, they all don’t come down, certainly not immediately, but stocks that get “extended,” shall we say, at some point have...

Herb Greenberg On The Street
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Weekly Wrap
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Stocks to Buy as the Week ends in a Crash

Below is my weekly video for members of Macke's Retail Roundup.

Amazon leads to the downside as the week comes to a brutal end. Two portfolio changes and 2 stocks I'd buy in in this bloodbath. 

...

The Jeff Macke Portfolio
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From the desk of Steve Strazza @Sstrazza

Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.

We've also sprinkled in some of the largest ADRs...

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If you're still looking for leadership outside the U.S., start by looking at the local currency.

The Polish Zloty is breaking out—clearing multi-year bases against both the Euro and the Dollar.

 

It’s...

All Star Charts Gold Rush
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In today’s Daily Digest, we’ll review the following:

  1. New position in KRE.
  2. No adjustments are needed today.
  3. No exits since the last report.
  4. Current status of open campaigns...
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We just received fresh earnings reactions for roughly 13% of the S&P 500 - and the market is drawing a hard line between winners and losers.

It’s not enough to beat expectations anymore. If you’re not guiding higher, showing margin expansion...

The Beat Report
Amazon fails to explain AWS relative underperformance

Yesterday I wrote, "Amazon famously doesn't care what it reports from quarter to quarter, but as a shareholder, I certainly do".

Boy, is that biting me in the ass this morning. Amazon looks set to open 8% lower despite yet another quarter of...

The Jeff Macke Portfolio
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Jeff Macke
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XLP SPY 08012025

Today's number is... 0.126

This is the lowest reading ever for Consumer Staples vs. the S&P 500.

Here’s the chart:

 

Let's break down what the chart shows:

  • The top panel plots the XLP/SPY ratio in...
The Daily Number
Grant
📊 Daily ETF Overview 

We're seeing a continued rotation into risk-on sectors in the equities market.Technology, Industrials, Communications, and Financials are all leading the charge — a classic sign of growing investor appetite...

ETF Power Rankings