What we usually see if semiconductors were about to truly bottom is the broad universe of small and midcap semiconductors outperform the large cap semis. So far we see the inverse, the speculative semis are underperforming. By @TSFAnalytics

Real estate, utilities and homebuilders are all suddenly showing relative strength together. What does that tell us about the long end? By @TSFAnalytics

The market really is in a special place @TSFAnalytics

Stage 3s approaching stage 4 @TSFAnalytics

Found $PAYC a while back with @TSFAnalytics, because it reclaimed it's 52w high AVWAP on a very weak market day. And it was one of this weeks focus stocks, continues to be very strong.

These are the only things showing relative strength today. This is an oversold bounce in the most beat down stuff. If you want to assess if risk appetite is returning look at what small and microcaps are doing. Happy to be proven wrong and change my mind but this is a setup for a dump within days taking out these lows or at least testing them. by @TSFAnalytics

$IRON highest volume ever by @TSFAnalytics, you can also screen for HVE with a lock back up to 10 days which is useful if you can't screen daily.

$AAME highest volume in a year by @TSFAnalytics

Here is a useful thing, in a real thrust what happens in a theme? Many stocks will reclaim the 50 SMA for example or another key moving average. Screen for it, here we condition that a stock reclaimed the 50 SMA today and we can screen in a dedicated theme or sector if we want. Let's do the semis. Only two and no power in those moves. Useful. by @TSFAnalytics

Here is a fun screen, @TSFAnalytics will give you full freedom to set your conditions and the interface is very easy to work with. I like to look at factor moves, meaning a stock making a move a multiple of it's ADR, both up and down is interesting. So lets combine a screen to find something interesting. Lets do a double inside day, inside a double inside week, we want stocks close to their highs. And let's see if we can get something with volume dry up today, <0.8 relative volume is a good start. And lets add that the stock moved 0.8x it's normal ADR, meaning it is tightening.

The daily strength scan gives us a good picture of the market regime, liquid stocks up 4% or more closing well on Friday. As you can see, complete domination of energy. by @TSFAnalytics

One of my favorite things to do on weak days is look for liquid stocks putting in a relative strength line new high ahead of the market while remaining close to highs. By @TSFAnalytics

Semiconductor breadth is now really poor, these are the only semis above the 50 SMA. This is also an excellent way to notice what's strong in a weak theme. Just set a couple of trend conditions and look into semis only. And there is only one semi above the 10 SMA, and it is barely -- $SWKS by @TSFAnalytics

Here is a very useful trick, the market topped 6th October, so lets look at liquid stocks up 10% or more during that time. And we can add proximity to 52w highs 25% to get rid of the beaten down ways. A great way to notice RS, sort by theme and you also see where the money is flowing. by @TSFAnalytics

The rotational cycle is in full effect, growth and high beta tanking and value bidding. We will have to see how long it lasts, sometimes it can last for a while, we also have to ask ourselves if a new risk on leg higher is lead by value stocks or if this is again life support holding us up temporarily. by @TSFAnalytics

And we see defensives and retail stocks bidding hard as we rotate. by @TSFAnalytics

This is the thematic leaderboard in @TSFAnalytics , and this screen shot is the leaderboard from our market analysis last Sunday, before this week started. This is how you can notice new emerging themes, they will pop up on the RS acceleration leaderboard before they gain traction. Look at software, cloud software, value and retail all flashing on the RS acceleration leaderboard early.

Liquid stocks putting in a relative strength line new high today sorted by proximity to 52w highs, by @TSFAnalytics TEAM, BOX, HALO, SN, CBRL, SG, RNG, GCT, FIGS, MRNA, ZETA, NVAX, HUM

$CRWV HVE today, level holds again by @TSFAnalytics