ChartMill

And then there’s NVIDIA CORP ($NVDA | ▼4.27%). While its peers were rallying, the stock dropped more than 4%, making it the second-largest decliner in the entire S&P 500. The reason is the affair CEO Jensen Huang has admitted to with a woman who may have been spying for China. That story led Nvidia’s board to open an independent investigation over the weekend. The opening was rough: the stock plunged about 9% at the bell. Within half an hour that loss was cut in half, and for a moment it looked as if the market would simply shrug the story off. It didn’t. Nvidia never managed to recover any further and closed down just over 4%.

Buyers return to the AI trade BROADCOM INC ($AVGO | ▲8.78%) and MICRON TECHNOLOGY INC ($MU | ▲6.25%) moved sharply higher, ADVANCED MICRO DEVICES ($AMD | ▲13.26%) topped the group with a jump of more than 13%.

Market Breadth Trend turned negative since last friday

Direct link to the screen in ChartrMill with the article: chartmill.com/trading-ideas/…

Earnings season is in full swing, so here’s a new screen on ChartMill: the Post-Earnings Momentum Screen. It finds US stocks that reported in the last 2 weeks, rallied 8%+ in a week and still hold a rising 9/21 EMA, with RS ≥ 80. Not a buy list. A watchlist for the flag that often follows. Link to this screen in the first comment 👇

Fundamental Friday: Serial Beaters With a quarter of the S&P 500 through its third-quarter reports by last Friday, 83% of those companies had beaten analysts’ earnings estimates, according to FactSet. It sounds like a blowout quarter. It isn’t: the 5-year average is 78% and the 10-year average 77%. Beating the estimate is simply what most companies do, most of the time. Full article - and how to screen for them - on our substack page (NO paywall). Link in first comment.

That pretty much goes without saying... $XLE

ServiceNow ($NOW ): the order book tells the story... If Alphabet’s drop was spectacular, Servicenow's was brutal. The enterprise software company lost 27% after a revenue outlook that disappointed investors. What made it worse is that the weakness appears in the order book, which suggests a real slowdown rather than a timing issue.

A short checklist as a reminder #growthstocks Red Flags behind Strong Numbers - the most common traps 🔻 Feel free to add more 'traps' below! 👌👇

Auto-detection and a complete strategy guide (FREE to download) Link to the free guide (23 pages) in first comment #swingtrade #VCP

$MSFT - Q1-27 tonight. Capex & Cash Flow Analyst Estimates Q1 2027

FICO punished for not raising prices FAIR ISAAC CORP ($FICO | ▼13.15%) dropped 13% after announcing it will lock the price of its mortgage credit score at $10 per score for members of a premium package. Almost every US bank uses FICO scores to assess borrowers, and many lenders will likely take the offer. The problem is that the market expected FICO to keep raising prices sharply to grow profits. Wells Fargo was disappointed and cut its price target from $800 to $735.

Cybersecurity: a patch, a warning and a rally Cybersecurity stocks wrapped up the week in style. CROWDSTRIKE HOLDINGS INC - A ($CRWD | ▲8.25%) gained more than 8%, ZSCALER INC ($ZS | ▲7.31%) and PALO ALTO NETWORKS INC ($PANW | ▲7.22%) both rose more than 7%, and the GLOBAL X CYBERSECURITY ETF ($BUG | ▲4.98%) closed almost 5% higher.

BIG news for Minervini-style VCP traders! Two charts. Zero minutes of searching. After yesterday's close, ChartMill flagged SiriusPoint ($SPNT) and PRA Group ($PRAA). Both are in a confirmed uptrend, both have been tightening into a Volatility Contraction Pattern for weeks, and both are still trading just below their VCP high. I didn't scroll through a single chart to find them. The screen did that for me. That's our new VCP screen, and you won't find it anywhere else. We built the pattern detection in-house: ChartMill now recognizes the VCP itself on daily and weekly charts, measures every contraction, and combines it with Mark Minervini's Trend Template in one screen. Trend, contractions, tightness, distance to the pivot. All checked before you open a chart. Link to this screen in first comment! @ChartsJavi - @TraderAmogh - @PatrickWalker56 - @traderCharlieM - @Venu_7_

a little sneak preview: VCP recognition in ChartMill. Take a look at the Volatility Contraction Pattern in $RPD for today before the open...