Momentum Is Back. The Era of V-Shaped Rallies Continues
This week on Stock Market Weekly (Episode #844), we cover Momentum Is Back. Welcome to the Era of V-Shaped Rallies. We also break down the S&P 500, Nasdaq 100, Russell 2000, and the sectors and themes driving price action.
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In this week’s episode
This week marked a decisive shift from defense back to risk-taking, as the S&P 500 broke out of its range and a rare momentum breadth thrust signaled renewed participation. Coordinated yen support, resilient AI spending and softer jobs data helped ease key market pressures.
We examine why software may be replacing semiconductors as the next leadership group, with Palantir breaking out as Micron and other former leaders lag. Gold also reawakened, while HPE, AXTI and CRDO highlight how traders can reengage without abandoning disciplined risk management.
Video episode timestamps
- 0:00 Introduction – Key Events From This Week’s Trading
- 0:55 US Yen Intervention Explained
- 3:37 Momentum Breadth Thrust Signal
- 5:18 $MU And Memory Stocks Lagging
- 6:32 $PLTR Breakout In Software
- 7:18 SpaceX Earnings And Dilution Risk
- 8:51 Weekly Market Scoreboard
- 10:28 Bitcoin Stuck In Sideways Chop
- 11:34 S&P 500 Range Breakout
- 12:50 Market Navigator Flips Bullish
- 15:52 Nasdaq And Russell 2000 Charts
- 16:53 Semis Lag As Software Leads
- 18:25 Gold And Silver Break Higher
- 21:10 Three Swing Trade Ideas
- 23:46 Four Risks To The Rally
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