The Stock Market Rally Is Working, but Nobody Feels Good

This week on Stock Market Weekly (Episode #834), we cover The Stock Market Rally Is Working, but Nobody Feels Good. We also break down the S&P 500, Nasdaq 100, Russell 2000, and the sectors and themes driving price action.

In this week’s episode

The rally kept working this week, with major indexes pushing to new highs and momentum still favoring the bulls. But beneath the surface, this market is testing patience as leadership stays concentrated, volatility falls, and many traders feel pressure to chase or second-guess their process.

This episode breaks down the key rotation showing up in gold, miners, biotech, solar, and software, along with notable moves in SNOW, ORCL, MSFT, and DELL. The main takeaway: stay disciplined, respect the trend, and know where the next pockets of opportunity may be forming.

Video episode timestamps

• 0:00 Introduction – Key Events From This Week’s Trading
• 0:59 Semiconductors Up 66% — Who’s Struggling to Hold
• 2:33 $NVDA Underperforming Its Own Fundamentals
• 3:32 Bitcoin and Crypto Sitting Out the Rally
• 4:24 Oil: What the Market Is Ignoring
• 6:02 Sector Rotation and $XLE Outlook
• 6:44 $QQQ and $SPY Weekly Levels to Watch
• 8:16 VIX Near Lows — Hedges Getting Cheap
• 8:48 $GLD Setting Up a Possible Bottom
• 10:22 $XME, $XBI, and $TAN Rotation Watch
• 11:57 $IGV and Software Stocks Finally Moving
• 13:09 Sector Momentum Dashboard Breakdown
• 15:06 Momentum Model Stocks Full Walkthrough
• 19:53 $ASTS Deep Dive — Holding Through Drawdowns
• 22:20 Closing Thoughts — Trust Your Process

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