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
Tech Pressure Persists as Leadership Broadens and Volatility Holds
Macro Overview
The trading session reflected a market grappling with elevated volatility and sharp internal divergence. Risk appetite appeared selective rather than absent, as pressure remained concentrated in technology and artificial intelligence related stocks, while other areas of the market held firm or strengthened. Policy expectations remained largely unchanged, with no decisive shift in rate expectations evident during the session. Treasury yields showed mixed movement along the curve, pointing to ongoing adjustment rather than a clear directional trend. The US dollar traded firm, reflecting relative strength rather than stress. Crude oil moved higher during the session but pulled back after hours ahead of upcoming U.S. Iran talks, reinforcing the market’s sensitivity to geopolitical headlines.
10 Year US Treasury Yield – Daily Chart
US Dollar – Daily Chart
Breadth & Major Index Charts
Market breadth conveyed a mixed but constructive signal beneath the surface. Participation improved outside of technology, while weakness within growth oriented segments weighed on headline indexes. The Red Light Green Light Breadth System reflected rotation rather than broad deterioration, as advancing issues continued to outnumber decliners. The S&P 500 showed mixed technical posture, with selling pressure concentrated in a narrow group of stocks. The Nasdaq lagged meaningfully, breaking below a support line, reflecting continued weakness across technology, software, and semiconductors. In contrast, the Dow Jones Industrial Average showed relative strength, supported by industrials, healthcare, and defensive exposure. The Russell 2000 ETF softened but avoided disorderly selling, suggesting consolidation rather than breakdown.
The Red Light Green Light Breadth System
S&P 500 – Daily Chart
Nasdaq – Daily Chart
Dow Jones Industrial Average – Daily Chart
Russell 2000 ETF – Daily Chart
TSX Recap
Canadian equities extended their rebound, supported by strength in industrials, consumer related stocks, and resource exposure. The TSX showed firmer participation than US technology heavy indexes, with leadership emerging from industrial automation, transportation, and select consumer names. Energy stocks added support as crude oil remained volatile but firm during the session, while materials also contributed positively. Technology was the primary area of relative weakness, mirroring global trends. Overall, the TSX maintained a constructive technical posture, continuing to recover from recent lows as leadership broadened.
TSX – Daily Chart
Digital Assets Overview
Digital assets experienced heightened volatility, with major cryptocurrencies trading weaker overall. Bitcoin (BTC) showed softer price action within a wide intraday range. Ethereum (ETH) and Solana (SOL) followed a similar pattern, with relative weakness persisting across the complex. The tone remained cautious, with volatility elevated and leadership absent.
Bitcoin – Daily Chart
Ethereum – Daily Chart
Solana – Daily Chart
Commodity Watch
Commodities reflected a blend of geopolitical sensitivity and selective demand. Crude oil advanced during the trading session before pulling back after hours, as markets assessed geopolitical risk alongside upcoming diplomatic developments. Copper weakened, reflecting softness in growth-sensitive materials. Gold firmed as dip buying emerged, maintaining its role as a volatility hedge rather than a directional inflation signal. Silver followed gold higher, while uranium-related equities, represented by the Global X Uranium ETF, continued their volatility.
Crude Oil – Weekly Chart
Gold – Daily Chart
Silver – Daily Chart
Uranium Theme – Global X Uranium ETF
Sector & Thematic Movers
Sector leadership continued to rotate away from technology toward cyclicals and defensives. Energy, materials, industrials, financials, housing, transportation, and healthcare showed relative strength, while technology and software remained the primary laggards. Equal-weighted indexes outperformed market-cap-weighted benchmarks, underscoring broader participation outside megacap technology.
Stock Movers
Technology pressure remained concentrated in semiconductor and artificial intelligence-related names. Advanced Micro Devices (AMD) weighed heavily on the semiconductor complex alongside NVIDIA (NVDA) and Palantir Technologies (PLTR). Software names such as Snowflake (SNOW) and Datadog (DDOG) remained weak. In contrast, Super Micro Computer (SMCI) stood out with notable strength despite broader technology pressure. Healthcare leadership was driven by Eli Lilly (LLY), which supported the Dow Jones Industrial Average. Alphabet (GOOGL) experienced volatile trade around earnings, while Apple (AAPL) continued to show relative strength following its recent report. Industrials such as ATS Corp (ATS.TO) supported the TSX, while transportation exposure including Canadian Pacific Railway (CP.TO) and the iShares Transportation Average ETF (IYT) aligned with broader industrial strength.
Options & Insider Flow
Options activity reflected selective bullish positioning rather than broad speculation. Large-scale put selling and call buying were concentrated in established large capitalization names, including Alphabet (GOOG), Apple (AAPL), Microsoft (MSFT), Meta Platforms (META), Micron Technology (MU), and JPMorgan Chase (JPM). The size and structure of these trades suggested longer duration or income-oriented positioning rather than short-term directional bets. Insider activity remained mixed, with notable purchases in select financial and industrial names, while selling was more prevalent among mature large-cap companies. Institutional disclosures highlighted continued sponsorship across value, industrial, and healthcare-oriented holdings.
Small Cap Spotlight
Small caps showed uneven performance, with speculative areas remaining subdued while select industrial, energy, and financial small caps attracted interest. Names tied to construction, materials, and services continued to show improving technical structure, suggesting early-stage basing rather than momentum-driven advances. The tone reflected caution without broad disengagement.
Conclusion
The session reinforced a market defined by rotation rather than uniform weakness. Technology and artificial intelligence-related stocks continued to weigh on headline indexes, while participation improved beneath the surface. Leadership broadened into industrials, energy, healthcare, transportation, housing, and financials, helping stabilize overall market structure. Commodities remained sensitive to geopolitical developments, while digital assets stayed volatile and directionless. The broader tone suggested consolidation with active internal realignment, as volatility persisted without signaling a broad risk exit.
“If my stop is hit, I exit without hesitation.” — Paul Tudor Jones
Now, onto the daily setups.
US Daily Setups
BLDR – Builders FirstSource, Inc.
Builders FirstSource appears to be setting up on the right side of a bottoming pattern. Monitor to see whether price action can begin pushing above horizontal resistance.
CVX – Chevron Corp.
Chevron is the gift that keeps on giving.
IYT – iShares Transportation Average ETF
The iShares Transportation ETF is attempting to break out, supported by increasing volume.
LPX – Louisiana Pacific Corp.
Louisiana-Pacific is set up for a potential continuation pattern breakout.
PSQ – ProShares Short QQQ
The ProShares Short QQQ is attempting to move higher from the pattern highlighted in last night’s report, aligned with the Nasdaq breaking down below a key support level. Keep this ETF on the radar for tactical trading or hedging opportunities, particularly if broader market weakness persists.
SHW – Sherwin Williams Co.
Sherwin-Williams is attempting to break out from a continuation pattern.
TAN – Invesco Solar ETF
The Invesco Solar ETF could be worth keeping on a watchlist.
XHB – SPDR S&P Homebuilders ETF
The SPDR Homebuilders ETF continues to show strength and robust volume alongside many of the related homebuilding stocks.
XLB – Materials Select Sector SPDR Fund
The Materials Select Sector SPDR ETF – Chemical and housing-related stocks appear to be breaking out alongside broader strength across industrials, with the ETF providing diversified exposure to materials, specialty chemicals, and building-related companies rather than a single end-market driver.
XLI – Industrial Select Sector SPDR Fund
The Industrial Select Sector SPDR ETF is attempting to break out to new 52-week highs.
LINK TO CHART – https://schrts.co/bYfqVgPg
Canadian Daily Setups
CP.TO – Canadian Pacific Railway
Canadian Pacific is attempting to break out from a bottoming pattern while curling off the lower trend line of a larger base. The setup was highlighted in our daily report and continues to be supported by robust volume that began in mid-November.
DOL.TO – Dollarama Inc.
Dollarama experienced a strong upside move today and is now positioned just below a significant horizontal resistance level. Monitor to see whether price action can reclaim this area, which could suggest a continuation of the uptrend. Conversely, failure at this level may indicate the need for further consolidation or a near-term rejection.
ENB.TO – Enbridge, Inc.
Enbridge is providing shelter in a volatile market, with price action breaking out from a setup recently presented to clients.
GRT/UN.TO – Granite Real Estate Investment Trust
Granite REIT is continuing to set up in the form of a potential bullish flag continuation pattern that was recently highlighted. Take note of the robust volume profile.
MTY.TO – MTY Food Group Inc.
MTY Food appears to be setting up on the right side of a significant multi-month bottoming base. Monitor to see whether price action can begin breaking above resistance.
NOA.TO – North American Construction Group Ltd
North American Construction appears to be setting up on the right side of a bottoming base. Monitor for signs of continued upside momentum.
NWH/UN.TO – Northwest Healthcare Properties Real Estate Investment Trust
Northwest Healthcare REIT is attempting to break out to new 52-week highs.
QSR.TO – Restaurant Brands International Inc.
Restaurant Brands experienced a strong upward surge today and is now positioned below a significant long-term horizontal resistance level. Monitor to see whether price action can begin pushing above this area.
SES.TO – Secure Waste Infrastructure Corp.
Secure Waste Infrastructure appears to be set up near the apex of a multi-month consolidation/continuation pattern. Monitor for potential breakout signals.
SGR/UN.TO – Slate Grocery REIT
Slate Grocery REIT appears to be setting up near its 52-week high. Monitor for potential breakout signals.
SIA.TO – Sienna Senior Living Inc.
Sienna Senior Living continues to walk above its upward-sloping moving averages. The trend remains constructive until evidence suggests otherwise.
SLF.TO – Sun Life Financial Services of Canada, Inc.
Sun Life Financial is attempting to break out from a multi-month base that has formed in the shape of a continuation pattern.
TCW.TO – Trican Well Service Ltd.
Trican continues to follow the system rules outlined at the top of each report, as price action walks above its upward-sloping moving averages following the breakout that was highlighted around the 6.30 level.
WFG.TO – West Fraser Timber Co. Ltd.
West Fraser continues to rebound from the low highlighted in the report alongside other Canadian lumber names. Price action is now approaching a horizontal resistance level. Monitor to see whether momentum can continue or whether price action is rejected at this area.
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.
SLAB, EGHT, ENPH, INNV, POAS, POWL, ADNT, COLM, AVNW, SEDG, RUN, PLTD, CSL, OLN, LEA, FTV, CBT, LLY, DBI, ZWS, HRI, ULCC, CE, ODFL, REYN, SLGN, AXL, TOYO, KINS, ACT, ALPMY, VHI, CC, SW, LGIH, JKS, SAIA, CRUS, HLMN, ESAB, AMGN, AMCR, MGM, BTCZ, GTES, J, ALGT, BXC, BZH, AAP, ALXO, GSK, KMT, ANL, RIG, SCL, JBLU, LITE, SRI, RXO, KRUS, VVV, FOR, MATV, WFG, UPMMY, HPE, MSTZ, CNH, SIMO, ATS, BORR, ARKO, SONO, HTLD, SNCY, OC, AP, DOW, IP, SMST, TECH, BCC, PLX, AXTA, UA, ERAS, AIT, SLVM, DK, RNST, TROO, UAA, HOV, XPO, ARCO, VAL, PCG, HUN, IBP, AGI, FUL, WEBS, LPX, WLK, ARCB, DD, ARRY, DRVN, IFF, SSD, DVN, SYNA, LAZ, IDEXY, SAM, DVA, MTW, LECO, PPG, CTRA, PNRG, CLNE, SON, CPS, IEX, NE, PWP, STM, OI, CLBK, ANF, TRYIY, MMM, MAGN, CB, ODV, WU, RNR, EKSO, UFPI, WSO, AKZOY, VTRS, KWR, MAS, BIIB, BASFY, R, GEHC, ADCT, AVNT, OPY, CCS, GNW, TBRG, FANUY, ZBIO, KRO, QDEL, OSK, SNBR, YUMC, TWI, LOCO, LXU, HAYW, RMD, WS, MLAB, MTRN, RPM, MHK, OVV, SWK, ARMP, WYNN, MFG, HG, RM, PSX, EXP, ON, BLDR, JCI, AGCO, APOG, UPS, TTEK, PK, AMBP, SCVL, TM, GOOS, SBUX, IHG, FAST, LKQ, RRX, RUSHA, TFIN, WFRD, BITI, LEG, DRTS, STRT, DE, MEOH, BF/B, DBVT, DINO, TAP, BLD, PII, BRX, AMRZ, MEC, PBFS, BWA, DOV, HIFS, ALG, IR, GNTX, HUBG, OLPX, CRGY, MCFT, NSANY, TWST, CP, CARR, EOG, CHRD, GRBK, BBT, LZB, QSR, WGO, MGA, MTX, ONL, SNEX, STZ, DCI, FANG, HE, NX, KMTUY, BFS, DKS, SF, DGII, TG, DRH, MTH, PGC, CAG, GIII, IMO, APTV, AVNS, GPC, PEB, PKG, BGS, GEF/B, ITW, TFII, URGN, ALV, AMCX, APA, FUJHY, GFR, GPRK, ITB, GWW, PRG, JBHT, WEYS, NGVT, EMR, FCNCA, HBAN, SHECY, ACGL, SKM, UNP, APEI, EMN, HMC, SCI, TSCO, AVY, MITEY, ZURVY, ESI, CAKE, SNDR, XHR, FCAP, TNC, CCK, HGV, NOG, DRI, NVR, TDW, SPG, NOV, PBT, SOUHY, FRT, EIX, H, SLB, RS, LAD, OXY, PHM, GGG, STLA, CINF, INGM, MHO, CHMG, IMKTA, ALLE, APD, KBH, MRX, CRC, PB, SHO, TPL, BEN, STLD, JACK, MSM, NPO, ALLY, LIND, TRNO, EBF, VOD, LBTYK, TALO, AAL, DLX, KOP, PNFP, BKE, WLFC, GRC, MGY, SKT, SUTNY, JRVR, TKR, ADI, AMKBY, AN, HNI, KGFHY, FNKO, KIM, AMP, BMY, PR, MIDD, MYE, EL, VCTR, PDM, DHI, CVLG, HOPE, ASTE, BC, TMHC, LBTYA, CNQ, NDSN, PKOH, TTAM, GIL, HLN, TDAY, BSRR, JILL, TOL, LUV, LNN, TCBX, APLE, IEP, UE, BLFY, XOM, CPAC, NXST, UDR, CCEP, GLPI, VLO, AOS, MAC, SNN, ALL, UMH, AB, CTO, DKL, FNLC, OKE, SMP, SVV, AHH, NEOG, HVT, IIIN, MOV, FFIN, GT, AAPL, EXR, PARR, HESM, HP, JOE, AIV, FDX, SHW, GABC, COP, EWBC, FITB, TGT, WDFC, BCO, PFBC, WPM, GBX, CMCSA, CAC, LOB, WMS, SRZN, XWIN, KRG, AMWD, CLX, IBOC, IRON, REG, TRV, CMCO, PDS, PBF, HEINY, HWC, CF, WASH, MLR, PRK, TXT, UL, ZM, CGTL, GAP, VSTS, UMBF, AVD, BUSE, ELS, HST, ZION, BKV, ATEX, CNM, COLB, MUSA, WDS, LCII, CACC, TPR, FMAO, GPRE, ACCO, M, GNRC, GOLF, TOWN, XLE, FFBC, PLD, SSB, MBC, ORRF, HFWA, RJF, DHC, GBCI, JBTM, ALSN, CCAP, DGX, FHB, FULT, GAIN, GPOR, PEBO, SD, SPB, CLMT, CZWI, OUT, SGI, UHT, MRK, TFSL, WSR, HSY, VMD, HTBK, KRT, AMTB, CQP, LIN, SDRL, OBK, REGN, ST, JOUT, GILD, PATK, STEL, WHD, MCHP, REXR, BFST, BRK/B, HAS, NVS, PEP, RF, VPG, ECL, PRI, BKR, BRC, WBI
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
SMCI.NE, SMCI.TO, CJ/WT.TO, TRUL.CA, IFP.TO, LLY.NE, LA.V, CTH.V, OBRN.CA, AU.V, AUAU.V, WFG.TO, FSV.TO, SXP.TO, ATS.TO, NOM.CA, KCC.V, AGI.TO, VLE.TO, GIP.V, FIH/U.TO, CFP.TO, MNO.TO, QSR.TO, GFR.TO, PET.TO, GFP.TO, NKE.NE, VRNO.NE, GTE.TO, TSU.TO, RAY/A.TO, BOIL.TO, OVV.TO, ODV.V, ARX.TO, ATD.TO, ATD/A.TO, SJ.TO, GOOS.TO, LGO.TO, Y.TO, SLG.V, RBX.V, CDR.TO, MX.TO, CP.TO, DOL.TO, MATR.TO, HSLV.TO, UPS.NE, MTY.TO, PFE.NE, PFE.TO, CAS.TO, WELL.TO, TFII.TO, IMO.TO, SES.TO, CJ.TO, KEL.TO, KRY.V, LOVE.V, NWC.TO, AEM.TO, T.TO, GIL.TO, LNR.TO, EMP/A.TO, CNQ.TO, OXY.NE, CTC/A.TO, PRL.TO, CF.TO, MCB.TO, TOU.TO, VNP.TO, DRM.TO, ASTL.TO, KDK.V, LCX.V, CNR.TO, JWEL.TO, CCL/B.TO, BIR.TO, RCH.TO, RGSI.TO, JOY.TO, WN.TO, AAPL.NE, AAPL.TO, WPM.TO, DBM.TO, IPCO.TO, ONAU.V, EFN.TO, DLCG.TO, PEY.TO, PD.TO, L.TO, AGF/B.TO, TLO.TO, BYD.TO, MTL.TO, PMZ/UN.TO, DOO.TO, BNE.TO, TNZ.TO, IPO.TO, CHP/UN.TO, FCR/UN.TO, WCN.TO, WPK.TO, BOFA.NE, VET.TO, ARIS.TO, SLF.TO, BRK.NE, BRK.TO, GSY.TO, GG.V, KEY.TO, PBH.TO, NOA.TO, REI/UN.TO, TCW.TO, NWH/UN.TO, TVE.TO, FEC.TO, KEY/R.TO, PSI.TO, ENB.TO, CRT/UN.TO, PZA.TO, WTE.TO, MFI.TO, NNRG.NE, AC.TO, ZDC.V, CVE.TO, FLVI.NE, NTR.TO, CSH/UN.TO, PSK.TO, IGM.TO, LRA.V, PXT.TO, GRT/UN.TO, SRU/UN.TO, STN.TO, DIR/UN.TO, SDE.TO, ATH.TO, ADN.TO, SIS.TO, SOIL.TO, CRR/UN.TO, PHX.TO, QBR/B.TO, HR/UN.TO, NA.TO, SGY.TO, OGC.TO, RSI.TO, AI.TO, NVA.TO, KNT.TO, PPL.TO, WEF.TO, RBA.TO, CU.TO, SKE.TO, BPF/UN.TO, SCR.TO, AD/UN.TO, CHEV.NE, FTT.TO, REAL.TO, TF.TO, SBC.TO, ALA.TO, SIA.TO, SGR/UN.TO, TNT/UN.TO, EQB.TO, EMA.TO, ENS.TO, HCH.V, OBE.TO, SHLE.TO, BIPC.TO, ASE.V, HWX.TO, MHC/U.TO, BCE.TO, KMP/UN.TO, CGO.TO, NCX.V, BTB/UN.TO, CAD.V, MKA.V, CHE/UN.TO, MKP.TO, ACO/X.TO, DXT.TO, GMIN.TO, BEI/UN.TO, CAPT.V, MRG/UN.TO, AGX.V, FC.TO, BZ.V, HLF.TO, TIH.TO, CAR/UN.TO, WCP.TO, APR/UN.TO, BBUC.TO, JPM.NE, PLZ/UN.TO, CJT.TO, NFI.TO, FRU.TO, MNT.TO, TWM.TO, GEI.TO, TPZ.TO, ACQ.TO, BTE.TO, FTS.TO, DHT/UN.TO, PVT.V
