Notice: The Daily Report is provided for informational and educational purposes only and is not intended to be used as a stock-picking service or as financial advice. The charts and accompanying research are designed to support your analysis, serving as indicators rather than direct recommendations to buy or sell any security. The creator assumes no responsibility for actions taken by readers and strongly encourages individuals to fully understand the associated risks and potential outcomes before making investment decisions. Please note that any charts and/or information are intended to aid in research and should not be considered a definitive part of your personal trading strategy. Not all charts will lead to actionable buy or sell signals at any given time. Individuals should consider consulting a qualified financial advisor before making any investment decisions.

Just a friendly reminder: Please pay close attention to the Daily Setups and Workspace scan results for potential future additions to stay ahead of the game.

Sample Trading System

The following trading system is presented as an educational example and should not be interpreted as financial advice. Past performance does not guarantee future results, and trading involves inherent risks. Please consult with a qualified financial advisor before implementing any trading strategies.

SYS Daily Report

Market Recap: Cyclical Leadership Holds as Rates Ease and Technology Lags

Markets moved through a cautious session shaped by softer economic data and growing attention on upcoming labor and inflation releases. Interest rate expectations continued to lean toward an easier policy path, while the fixed income market stayed bid and the currency backdrop remained softer. The global macro tape also reflected ongoing currency adjustment, with the Japanese Yen firming and the US Dollar staying weaker versus several major counterparts.

10 Year US Treasury Yield – Daily Chart

US Dollar – Daily Chart

Breadth & Major Index Charts

Participation was uneven but constructive beneath the surface. Strength was more visible on the New York Stock Exchange Composite Index, where leadership and breadth remained firm, while the technology-heavy complex showed weaker follow-through. The Nasdaq Composite Index continued to lag, staying below a key intermediate-term moving average that has acted as overhead resistance. By contrast, the Dow Jones Industrial Average remained resilient, supported by steadier leadership outside the highest volatility technology pockets. The Russell 2000 (IWM) was mixed, reflecting a more selective risk appetite rather than broad small-cap sponsorship.

The Red-Light/Green-Light breadth system indicated a session in which participation favored the steady side of the market. Advancers were notably stronger on the NYSE side of the tape, while the Nasdaq side remained more divided, reinforcing the idea that leadership was not evenly distributed across exchanges or styles.

The Red-Light/Green-Light Breadth System

S&P 500 – Daily Chart

Nasdaq – Daily Chart

Dow Jones Industrial Average – Daily Chart

Russell 2000 ETF (IWM) – Daily Chart

TSX Recap

Canada’s market tone remained anchored to resources and the public markets pipeline narrative. Commentary tied to Canada’s listing environment pointed to continued engagement from mining and resource focused companies, alongside interest from foreign issuers exploring Canadian capital markets pathways. Against that backdrop, several Canadian setups remained technically constructive. Algoma Steel Group (ASTL.TO) continued to press higher in an ongoing breakout attempt, while ATS (ATS.TO) held beneath a long term resistance area that remains a key level to monitor. Brookfield Business Partners (BBU.UN.TO) and Base Carbon (BCBN.NE) both reflected base building behavior that can support a potential continuation if price action continues to improve.

Large cap Canada leadership themes also stayed visible. Canadian Pacific Railway (CP.TO) remained in a firm posture as it approached a potential resistance zone, while Royal Bank of Canada (RY.TO) and Sun Life Financial (SLF.TO) both held near overhead levels that continue to define their near term posture. Propel Holdings (PRL.TO) stayed constructive beneath its next resistance band, and CoTec Holdings (CTH.V) continued to stand out for persistent scan visibility supported by robust volume. Nutrien (NTR) remained in a consolidation continuation pattern on both the US and Canadian watchlists, reinforcing its relevance across the session’s resource and cyclicals backdrop.

TSX – Daily Chart

Digital Assets Overview

Crypto traded in a weaker posture, with leadership coins and major altcoins leaning lower on the day and volatility staying elevated. Bitcoin (BTC) remained the anchor, but broader participation in the complex stayed cautious. Ethereum (ETH) tracked in the same softer direction, while Solana (SOL) lagged relative to the leaders. The session’s crypto narrative remained defined by pressure and a lack of sustained upside follow-through.

Bitcoin – Daily Chart

Ethereum – Daily Chart

Solana – Daily Chart

Commodity Watch

Commodities leaned softer in a session where energy and precious metals both weakened. Crude Oil drifted lower as attention stayed on geopolitics and headline sensitivity, while Gold pulled back in front of key US macro releases. Silver also fell, showing sharper day-to-day volatility. The broader metals tone was mixed to weaker, with Platinum and Palladium also softer in the session’s commodity tape. The uranium theme remained a relevant macro watch item, even as the day’s commodity action skewed defensive.

Crude Oil – Weekly Chart

Copper – Daily Chart

Gold – Daily Chart

Silver – Daily Chart

Uranium Theme – Global X Uranium ETF (URA)

Sector & Thematic Movers

The session continued to highlight a market with leadership concentrated outside the most crowded technology themes. Housing related areas remained a clear point of strength, with SPDR S&P Homebuilders ETF (XHB) pushing higher and iShares U.S. Home Construction ETF (ITB) continuing to advance, reinforcing a cyclical leadership pocket that contrasted with softer technology performance. In large-cap cyclicals, Home Depot (HD) outperformed and hovered near a key resistance area, aligning with the broader housing strength narrative.

Technology tone stayed mixed to weaker. Software showed signs of stabilization through the iShares Expanded Tech Software Sector ETF (IGV), which remained firm relative to the broader Nasdaq tape, while semiconductors were softer through the VanEck Semiconductor ETF (SMH). A separate pressure point developed in wealth management and brokerage exposure tied to AI disruption concerns, weighing on Charles Schwab (SCHW) and contributing to broader weakness in financial style leadership.

Stock Movers

Single-name leadership and earnings reactions were active across several themes. In travel and leisure, Marriott International (MAR) stood out with a strong earnings reaction. In software and internet infrastructure, Cloudflare (NET) was a notable winner after the results, while Shopify (SHOP) stayed in focus as a software name attempting to stabilize after a difficult stretch. In semiconductors, Lattice Semiconductor (LSCC) was highlighted as an after-hours winner, and Advanced Energy Industries (AEIS) also improved following results, adding to a selective but constructive tone in parts of the industrial technology stack.

On the weaker side, Robinhood Markets (HOOD) and Astera Labs (ALAB) fell after earnings, underscoring the market’s uneven tolerance for risk and valuation-sensitive growth. In large-cap technology, Alphabet (GOOGL) weighed on the broader tech complex during the session. In healthcare, Gilead Sciences (GILD) was softer after the results. Several widely followed names remained on the near-term catalyst calendar, including McDonald’s (MCD) and Vertiv Holdings (VRT), with SharkNinja (SN) staying in focus.

Options & Insider Flow

Options flow leaned broadly constructive across several major names, with multiple large blocks reflecting bullish positioning through call demand and meaningful put selling. Amazon (AMZN) stood out for dominant put selling and additional call activity, while Taiwan Semiconductor Manufacturing (TSM) and Zscaler (ZS) were both characterized by concentrated call purchases. Additional bullish flow was noted in Intel (INTC), Entegris (ENTG), Cipher Mining (CIFR), Nvidia (NVDA), Duolingo (DUOL), Vertiv Holdings (VRT), Unity Software (U), Dow (DOW), Alibaba Group (BABA), Talen Energy (TLN), Shopify (SHOP), Cloudflare (NET), NCR Voyix (VYX), Estée Lauder (EL), and Century Aluminum (CENX). Boston Scientific (BSX) was flagged as mixed at the block level, reflecting call demand alongside protective positioning.

At the single trade level, unusual activity remained active across cyclicals, metals, crypto adjacent exposure, and select defensive names. iShares U.S. Real Estate ETF (IYR) was highlighted on call activity, while iShares Silver Trust (SLV) was notable for put selling and premium collection. Long dated call demand also stood out in Amazon (AMZN), Taiwan Semiconductor Manufacturing (TSM), Boston Scientific (BSX), and Magna International (MG.TO). More tactical call activity was also flagged in Aeluma (ALMU), Verizon Communications (VZ), Thryv Holdings (THRY), CleanSpark (CLSK), Zai Lab (ZLAB), and Sonos (SONO). Alliance Resource Partners (ARLP) showed a blend of bullish put selling alongside call interest, aligning with its placement on the broader watchlist tied to constructive technical structure.

Insider activity was mixed, with notable purchases across ACV Auctions (ACVA), Ares Capital (ARCC), Badger Meter (BMI), Banc of California (BANC), and Lesaka Technologies (LSAK), alongside a meaningful Canadian purchase in Versamet Royalties (VMET.CA). On the sales side, several large transactions were recorded in widely followed names including Carnival (CCL), Coherent (COHR), Cummins (CMI), Equifax (EFX), Monolithic Power Systems (MPWR), Ralph Lauren (RL), Roblox (RBLX), Snap (SNAP), Tradeweb Markets (TW), and Waste Management (WM), reflecting active positioning changes into a macro heavy calendar.

Small Cap Spotlight

Small caps were mixed, reflecting selective sponsorship rather than broad-based risk. On the Nasdaq side, leadership remained harder to sustain, but certain names continued to show constructive behavior. Applied Optoelectronics (AAOI) remained a notable example of a higher-volatility leader that continued to perform well after a recent technical setup improvement. Outside of pure small-cap equities, the session also highlighted a steady bid for equal-weight exposure through Invesco S&P 500 Equal Weight ETF (RSP), which continued to lead relative to the more concentrated index structure.

In the setups universe, several smaller and mid-cap names remained worth monitoring, particularly those tied to broader themes. Seanergy Maritime (SHIP) stayed constructive beneath resistance while holding above an upward-sloping moving average. Builders FirstSource (BLDR) remained in a potential bottoming pattern, and EquipmentShare.com (EQPT) continued to trade within a range that could support a continuation if participation improves. In the levered and inverse segment, ProShares Short QQQ (PSQ) remained relevant as a hedge vehicle given the Nasdaq’s lagging posture, while Direxion Daily MU Bear (MUD) and Direxion Daily PLTR Bear (PLTD) stayed on watch where their technical setups intersect with broader technology volatility.

Conclusion

The session reinforced a market defined by selective leadership, steadier participation on the NYSE side of the tape, and continued caution across the technology-heavy Nasdaq complex. Cyclical themes tied to housing and select industrial exposure remained firm, while parts of technology and wealth management were weaker. Options flow was constructive across several mega-cap and thematic names, while insider activity reflected active repositioning rather than a single uniform message. Heading into the next session, the market’s tone remains centered on whether breadth can remain supportive while key indexes navigate overhead resistance and macro catalysts approach, with leadership likely to remain concentrated in areas showing the clearest technical posture.

“A stop is the market’s way of telling you your thesis failed.” — Bruce Kovner

Now, onto the daily setups.

US Daily Setups

LINK TO CHART – https://schrts.co/xqkNFZRD

To conclude our report, we thank you for your engagement and insights. Your feedback is valuable, and we encourage you to share your recommendations. Stay attentive to the Daily Setups, the Workspace, and the Watchlists for emerging opportunities. Additionally, be sure to explore the scanner result PDFs provided below. Until next time, happy trading!

US Scanner Results

(Stocks are sorted to highlight those with the strongest momentum at the time of the scan)

Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking, or copy and paste the ticker list into your chart provider.

EXPORT – US Scanner Results

EVMN, NKTR, EWCZ, ESOA, ICHR, NMRA, LMRI, LUXE, PEPG, PLBY, RLGT, VSTS, RELL, UNF, CGTL, STRO, ACRE, ADAG, PHG, VTVT, KLRS, ECX, ESALY, PSEC, AIRG, LCTX, PPRUY, BAK, IRMD, XIFR, LXRX, CRDO, ENTG, ALXO, RPID, SY, MAS, MAR, FRD, AP, CCO, DDL, VGZ, IHRT, HAS, LNKS, DGX, TPL, MESO, AXG, DBVT, UCTT, CCSI, THAR, LWLG, CABA, PKOH, SFTBF, LEE, OBIO, TSQ, FBIN, SDHC, CE, ESEA, TOL, BZH, H, IVA, BTCZ, OLN, DHI, HSHP, RNG, ARMK, RANI, MDB, BDX, EQPT, TROX, DRH, BHR, KBH, SSD, DD, CAMP, IMMX, CODA, GHM, DOW, AMLX, LEN, CLLS, ATS, ESTA, PAMT, NL, UDR, ESI, BASFY, FSLY, RHP, SBGI, UXIN, TPH, HUN, ACLS, JHX, ITOCY, KT, ALTI, CSW, SOHU, WMG, MTH, CCS, ECL, ARMP, ASTL, LYB, BELFA, CGON, RLAY, SKY, LSCC, Q, IBP, SW, CSIQ, IX, LH, OVID, HOV, IMDX, GRBK, PHM, USAS, ITB, WHR, XERS, ABX, RAIL, ARMN, XNCR, CSL, EGO, LII, RLJ, MHK, MLKN, BATRA, RAPP, VCTR, BWAY, ON, KRO, ESE, NTCT, TWIN, BELFB, GTN, NXPI, BLD, LEVI, TWST, PACS, TDC, BLDR, BTG, PEB, MCHP, ANGO, SPXC, GRAL, MGA, RDWR, RKT, IRD, KEN, GPRE, ACCO, AVR, BMRN, WBI, NSC, SHG, VIR, IHG, CTNM, ELAN, SRZN, CIEN, CON, NCLH, VECO, ENLT, GSM, CTS, HLT, PAM, VSEC, SOLV, CGEM, ORI, AGI, LNTH, NYT, KWR, NX, TGS, FVR, RDNW, AGM, CPS, TYRA, FOSL, MPT, AZN, CEPU, SSRM, STM, SHO, RRX, EMN, LOW, BITI, MBIN, SRI, TV, LGN, TMHC, WNC, NVST, MBC, UVE, AVNT, HUYA, UNP, WLK, ABUS, COHU, JKS, CWCO, DMAC, VVV, FNV, NATL, SPHR, MEOH, QUAD, KLIC, EIX, WSO, CNI, JOE, MHO, RFIL, ATRC, AWP, SRE, SNA, VTRS, SCL, PEG, EWTX, GNK, ZGN, ES, FBIO, BRX, PCG, PK, VHI, CHRS, SCHL, CP, BGSI, PLTD, XPOF, CVCO, DGII, SAFE, AFL, CAMT, MATV, AAP, BWA, CPT, CYTK, NXDT, SHECY, ENSG, PLD, LAMR, NXST, RL, CIGI, ELE, IRM, TPC, XHR, D, HRMY, HD, LION, FIHL, STTK, LNWO, MCS, TKO, CVLG, PNW, SONO, RNR, SHIP, AHR, CMCSA, WF, AKZOY, PGEN, UTG, ENTA, WBD, ASMB, BABA, KOP, MET, SITE, APTV, FDP, KINS, SWK, YPF, ESPR, BW, IESC, IFF, PSTL, TAK, DTE, EVRG, EQX, MAIN, AKR, ABEV, TDAY, CIFR, TR, EPR, NXG, AQN, DOV, HST, DHF, GROW, KIM, LTC, TRV, FOR, ALGN, BYD, CNM, MTW, OR, RRR, MOLN, SXT, TFPM, DAC, OCS, ADM, DAKT, TSLA, CDNA, CGAU, FHI, CTRI, HAYW, KMTS, ACGL, VNET, CLDT, MMM, GNL, AMRN, BN, TSM, CRH, WELL, ALMS, HY, IFNNY, NVGS, AMKR, CNP, FE, GEF/B, SJM, MLM, MRX, VIV, AOS, IMNM, MBX, AER, CRUS, LU, OCANF, PHVS, PINE, BEN, IRT, MAC, HTLD, AXGN, AMPY, ONTO, CC, TRMD, GGZ, AS, GNT, IGR, JCAP, MKC, RH, SILA, HVT, LINC, LMAT, LNT, SEM, XLU, AGCO, AMRX, AWI, CCL, IGIC, KARO, NAT, ED, INTR, OC, SKT, ECO, MIY, MT, WT, XPEL, BIP, HOFT, KNF, LLYVA, ADC, FMX, HIG, NYAX, AZZ, ETR, ATO, DHC, DUK, RSVR, SLF, CBT, ULS, CLX, NDSN, TITN, APD, COKE, DBD, SBS, ASX, CRON, VLRS, EXC, IDE, NTR

Canadian Scanner Results

(Stocks are sorted to highlight those with the strongest momentum at the time of the scan)

Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking, or copy and paste the ticker list into your chart provider.

EXPORT – Canadian Scanner Results

CDB.V, KCC.V, AHR.V, TNGD.V, TUNG.CA, CYBE.V, IMP.TO, SCOT.V, HAI.TO, FORA.TO, TLG.TO, LGD.TO, PLSR.V, VGZ.TO, NAU.V, KRY.V, SBI.TO, OGO.V, URL.CA, REAL.TO, GAU.TO, MAU.TO, BLM.V, ATS.TO, CTH.V, ECU.V, NG.TO, FWZ.V, ARIS.TO, FISH.V, NEO.TO, CGY.TO, ASTL.TO, BCBN.NE, ALV.V, MCB.TO, ELD.TO, ORC/B.V, MLP.V, FOM.TO, WEF.TO, BZ.V, MG.TO, USA.TO, WDO.TO, AGMR.V, BTO.TO, AGI.TO, LULU.NE, LULU.TO, SSRM.TO, FMT.V, LCX.V, MX.TO, GQC.V, MRE.TO, FNV.TO, DRM.TO, CNR.TO, PSIL.CA, STC.TO, SPB.TO, CAS.TO, CP.TO, ALYA.TO, DC/A.TO, WTE.TO, ELE.V, TAU.V, KNT.TO, CCDS.V, CJ/WT.TO, PFE.NE, PFE.TO, GRGD.TO, CG.TO, AQN.TO, TOY.TO, ELO.TO, ABXX.NE, DXT.TO, OR.TO, YGR.TO, CKG.V, EQX.TO, EQX.V, HHH.V, OGC.TO, RAY/A.TO, SJ.TO, TSLA.NE, TSLA.TO, GASX.V, BN.TO, LGO.TO, TFPM.TO, XAU.TO, BYD.TO, CRON.TO, GOT.V, RBX.V, BNT.TO, CDR.TO, FCR/UN.TO, NOM.CA, SLF.TO, CCCM.V, EQB.TO, BIP/UN.TO, LN.TO, CAE.TO, ARTG.V, IMG.TO, MDI.TO, CRDL.TO, EFN.TO, NTR.TO, CCA.TO, CJT.TO, PMZ/UN.TO, TFII.TO, BIPC.TO, RCI/B.TO, BBU/UN.TO, DFN.TO, ACQ.TO, RCH.TO, SEA.TO, WPM.TO, VBNK.TO, BRC.V, ENS.TO, NWH/UN.TO, PRL.TO, PRL/R.TO, EXE.TO, AD/UN.TO, CCL/B.TO, LNR.TO, ATZ.TO, WFG.TO, K.TO, RBA.TO, MSA.TO, AEM.TO, NGEX.TO, OMG.V, CEU.TO, ENB.TO, RUS.TO, TSU.TO, CVE.TO, KEL.TO, MRG/UN.TO, ACO/X.TO, ACX.TO, BCE.TO, VLE.TO, NFI.TO, TECK/B.TO, FTS.TO, RUA.V, CU.TO, T.TO, ONAU.V, AYA.TO, DIR/UN.TO, FVI.TO, PNG.V, BK.TO, QBR/B.TO, PHX.TO, CAR/UN.TO, H.TO, ABRA.TO, ATD.TO, ATD/A.TO, FAR.TO, LIF.TO, UPS.NE, RY.TO, SOIL.TO, BMO.TO, SIA.TO, DF.TO, NPI.TO, WPK.TO, ET.TO, MFC.TO, NA.TO