Notice: The Weekend 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.

This is just a friendly reminder that it’s essential to monitor the Daily Setups and Workspace scan results, which can provide insights into potential future additions and help you 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 – Weekend Edition

Markets Pull Back as AI Pressure Weighs on Technology While Breadth Rotates

Global markets ended the week under pressure as technology-heavy areas weakened and interest rates moved higher. U.S. Treasury yields firmed into the close, with the 10-Year US Treasury Yield finishing near 4.19%, reflecting continued uncertainty around inflation and the future path of monetary policy. While a Federal Reserve rate cut earlier in the week initially supported risk assets, subsequent policy commentary highlighted division among officials, keeping investors cautious ahead of next week’s labor and inflation data.

Currency markets stabilized late in the session after recent weakness. The U.S. dollar advanced modestly on Friday but remained lower on the week and month. Investors continued to price a gap between market expectations for future rate cuts and policymakers’ more restrained outlook, contributing to cross-asset volatility.

10-Year US Treasury Yield – Daily Chart

US Dollar – Daily Chart

Breadth & Major Index Charts

Market internals weakened notably as selling broadened beyond mega-cap technology. Decliners outpaced advancers by more than 2-to-1 on both the NYSE and Nasdaq, with rising volume on down sessions pointing to increased distribution. Participation narrowed meaningfully, particularly within technology and semiconductor groups.

Major indexes reflected this divergence. The S&P 500 declined 1.07% on the day and finished the week down 0.63%. The Nasdaq Composite fell 1.69%, recording its lowest close since late November and ending the week down 1.62%. The Dow Jones Industrial Average slipped 0.51% on Friday but remained up 1.05% for the week, supported by relative strength in consumer and defensive areas. The Russell 2000 ETF dropped 1.5% on the session yet held onto a weekly gain, highlighting ongoing rotation away from concentrated technology exposure.

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 finished lower, pressured by weakness in technology shares and spillover effects from U.S. markets. The TSX Composite Index declined 0.4% to 31,527.39, pulling back from a record close earlier in the week, though the index still posted a 0.7% weekly gain.

Technology was the weakest sector, down 3.4%, led by a sharp decline in Celestica Inc. (CLS.TO), which fell 12.92%. Financials and materials also moved lower, while healthcare stood out on strength tied to cannabis stocks. Reports of potential easing of U.S. federal marijuana restrictions drove outsized gains across the group, with Tilray Brands (TLRY.TO) up 44.35%, Canopy Growth (WEED.TO) up 52.87%, Aurora Cannabis (ACB.TO) up 19.04%, and Organigram Global (OGI.TO) up 16.81%.

TSX – Daily Chart

Digital Assets Overview

Digital assets closed the session lower, with volatility increasing and downside pressure spreading across the crypto complex. Bitcoin (BTC) moved down, struggling to stabilize after recent weakness, while Ethereum (ETH) declined more sharply, underperforming as selling intensified across large-cap tokens. Solana (SOL) also finished lower, marked by wide intraday swings and heightened sensitivity to shifts in broader market sentiment. Overall, cryptocurrencies traded decisively lower, closely tracking the risk-off tone in equities and reinforcing the ongoing correlation between digital assets and traditional markets.

Bitcoin – Daily Chart

Ethereum – Daily Chart

Solana – Daily Chart

Commodity Watch

Energy markets remained under pressure, with Crude Oil continuing to trend lower as downside momentum persisted and price action stayed heavy into the close. The broader tone reflected sustained weakness, with little evidence of stabilization as the market remained sensitive to global supply expectations and macro uncertainty.

Industrial metals delivered mixed signals. Copper traded with a softer tone, showing hesitation and uneven follow-through as momentum cooled alongside broader risk assets. The lack of sustained upside reinforced a more cautious technical posture for economically sensitive metals.

Precious metals diverged intraday. Gold accelerated higher early in the session, extending its recent advance, but gave back gains as the day progressed, finishing well off its intraday highs. The action suggested rising volatility rather than clean trend continuation. Silver experienced a sharper pullback, retracing aggressively after recent strength and underperforming gold, signaling a clear momentum slowdown.

The Uranium Theme – Global X Uranium ETF weakened notably, with momentum fading as the PPO indicator failed near the upper side of the zero line. The loss of momentum suggested waning upside participation across the uranium space.

Crude Oil – Weekly Chart

Copper – Daily Chart

Gold – Daily Chart

Silver – Daily Chart

Uranium Theme – Global X Uranium ETF

Sector & Thematic Movers

Technology was the clear laggard, with AI-linked names facing heavy pressure. Broadcom (AVGO) dropped 11.4%, its largest single-day market capitalization decline on record, while Oracle (ORCL) fell 4.5%, extending losses from the prior session. Semiconductor stocks broadly declined, dragging related infrastructure and data-center-exposed names lower.

In contrast, defensive and consumer-oriented areas showed relative resilience. Consumer staples and healthcare finished among the stronger sectors, while selective strength appeared in insurance and industrial-related groups. Apparel stocks stood out as Lululemon Athletica (LULU) surged 9.6% following leadership changes and an updated outlook.

Stock Movers

Several high-profile stocks drove index-level moves. NVIDIA (NVDA) declined 3.3%, adding pressure to the semiconductor complex. Broadcom (AVGO) and Oracle (ORCL) were the largest individual drags on the S&P 500. On the upside, Lululemon Athletica (LULU) delivered one of the session’s strongest gains, while consumer-facing names such as McDonald’s (MCD) and Coca-Cola (KO) provided relative support to the Dow.

Options & Insider Flow

Options activity reflected selective but significant institutional positioning. Large block flows showed concentrated call buying in Visa (V) and Tesla (TSLA), while notable put-selling activity appeared in UnitedHealth Group (UNH), Costco Wholesale (COST), and Microsoft (MSFT), contributing to net bullish premium capture. Individual unusual options trades highlighted leveraged call positioning in Absci (ABSI), Nu Holdings (NU), Planet Labs (PL), and DICK’S Sporting Goods (DKS).

Insider activity was active across both U.S. and Canadian markets. Notable U.S. purchases included substantial buying in Immunovant (IMVT) and Warner Music Group (WMG), while large sales were recorded in Kellogg (K) and Advanced Micro Devices (AMD). In Canada, insider buying appeared in Thomson Reuters (TRI.TO) and Fairfax Financial Holdings (FFH.TO), while selling was observed in MDA Space (MDA.TO) and Centerra Gold (CG.TO).

Small-Cap Spotlight

Small-cap performance remained mixed but resilient relative to large-cap technology. The Russell 2000 ETF maintained a weekly gain despite Friday’s pullback, reflecting continued interest outside mega-cap leadership. In Canada, speculative appetite surfaced sharply in cannabis-related small caps, producing outsized percentage gains from depressed bases.

Conclusion

Friday’s session marked a decisive shift in tone as technology and AI-linked stocks weighed heavily on major indexes, while breadth weakened and volatility increased. Rising yields, a firmer dollar, and a crowded economic calendar reinforced caution into the close. At the same time, rotation into defensive sectors, selective small-cap resilience, and pockets of strength in commodities and healthcare underscored a market still searching for balance. With key inflation and employment data ahead, the coming sessions may prove pivotal in determining whether recent weakness stabilizes or broadens further.

“A stop-loss is simply admitting you’re wrong before the market forces you to.” — Stanley Druckenmiller

Now, onto the daily setups.

US Daily Setups

Hamilton Insurance is showing relative and absolute strength in a weak market tape. Monitor for a continuation of the trend above its upward-sloping moving averages as price action pushes to a new high.

Howmet Aerospace appears to be testing the recent breakout line in the form of a potential bullish flag continuation pattern. Monitor to see whether momentum can emerge from this configuration.

Eli Lilly appears to be consolidating in the form of a potential bullish flag continuation pattern. Monitor to see whether price action can begin taking out horizontal resistance.

Nutrien is setting up below a significant horizontal resistance line that dates back to 2021. Monitor for any potential breakout signals, as the weekly PPO indicator is performing a bullish cross.

TKO Group is setting up near its recent high. Monitor for momentum to continue above its upward-sloping moving averages.

UnitedHealth appears to be setting up on the right side of a significant multi-month bottoming pattern. Monitor for upside momentum, especially as tax-loss selling comes to a close.

Canadian Daily Setups

Anaergia continues to attempt its breakout, supported by robust volume.

CAE appears to be setting up on the right side of a significant multi-year base. Monitor to see whether the upward-sloping moving average can help push price action through the top of the pattern.

Li-FT Power continues to demonstrate bullish price action as it attempts to break out.

Magellan Aerospace is trading into the apex of a significant multi-month bullish pennant continuation pattern, visible on the weekly timeframe. Monitor for a continuation of upside momentum that may lead to a breakout, and note the bullish volume profile that began to pick up near the formation of this pattern.

Nutrien is setting up below a significant horizontal resistance line that dates back to 2021. Monitor for any potential breakout signals, as the weekly PPO indicator is performing a bullish cross.

Richelieu Hardware continues to show up on momentum scans as the monthly PPO indicator performs a bullish cross and price action works its way toward the apex of a significant multi-year bullish pennant continuation pattern. Monitor for a continuation of upside momentum, as volume has been starting to increase.

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 PDFs of Friday’s scan results 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

MSOS, GRWG, CLYM, FEIM, SNDL, NPT, DARE, VFF, OGI, ALGS, CRON, YOU, RIVN, PPIH, FCAP, GALT, ABOS, IIPR, MITK, BEAT, HYMC, CAMP, RGNX, ERAS, IMVT, BCML, GCT, AFRI, FDBC, TENX, ARDX, COGT, API, KYTX, AP, ASND, MYSE, OLMA, CELC, PL, RAPT, PACS, ASIC, ENTA, FRST, HLF, AKO/A, TCI, GE, WHG, CDNA, AUGO, USCB, ROIV, OWLT, PTGX, SND, VSCO, SRZN, CPS, CTMX, SNBR, LYEL, REPL, RLAY, ANRO, ENVA, COKE, NAMS, CPRX, USAU, CNTB, HCI, CX, RERE, SATS, UGP, ARMN, ANDE, TSLA, NKSH, PGNY, CPAC, CARG, DXYZ, MCY, NATR, ATAT, CRC, TRDA, EVLV, FIGS, LNKB, AIG, LQDA, CRNX, EBMT, BMY, EBR/B, ATRC, CRESY, LTM, PFBC, MGTX, PDM, XERS, PBYI, MNKD, FRAF, ZYME, DJCO, KYMR, IONS, GLRE, SBRA, DSGN, KO, MNST, ALGT, TKO, SPFI, ABEV, D, DRH, MNOV, CCK, ZTO, PEBK, AXTA, NUVB, YUMC, HG, HTB, CCEP, ORI, DE, PVLA, FLNT, BA, DRTS, LLY, ANF, BTSG, KINS, ACAD, HURN, IHG, MD, BVS, CSTL, PBFS, MPAA, WBD, ILPT, UNP, YTRA, AAUC, DBI, JAZZ, MT, IDR, AEO, FOSL, FULC, VTVT, FRBA, MA, TIGO, IBEX, CION, RSI, SMRT, AHCO, BBIO, WT, CWCO, NCSM, PDLB, FCN, RDNW, KNSA, SUPN, JOYY, BMRC, ULTA, AXGN, BVN, VRTX, DIBS, RYAAY, DASH, NRIM, OMCL, CPA, SQM, DTM, HWM, UBS, WMT, SBSW, ADCT, CCBG, ALCO, UE, BCH, SLF, CBFV, ORMP, EBAY, CB, LMT, PANL, AXIA, UTHR, VBNK, NWPX, AFL, FIVE, ROKU, SUPV, CLMT, JOE, PGC, GOLD, BAC, BPRN, IDN, LUV, DOLE, FICO, ACT, KNOP, AHH, BIOA, FCFS, MDRX

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

CL.CA, TER.CA, TSND.TO, VRNO.NE, TRUL.CA, JUSH.CA, WEED.TO, GTII.CA, TLRY.TO, CURA.TO, ACB.TO, OGI.TO, CRON.TO, HITI.V, CCCM.V, RBX.V, QTWO.V, KLD.V, ORV.TO, RIO.TO, GRID.TO, VGZ.TO, ANRG.TO, LIFT.CA, LIFT.V, TTNM.TO, CAE.TO, BLM.V, VLE.TO, AMX.V, MMY.V, REG.V, OMG.V, SDE.TO, MAU.TO, GMG.V, MAL.TO, NOU.TO, TAU.V, MFG.V, ITR.V, GE.NE, CAD.V, CNL.TO, PSIL.CA, GMIN.TO, ASCU.TO, PVT.V, AMRQ.V, CRRX.TO, SICO.V, GPH.V, BBD/B.TO, AYA.TO, CHE/UN.TO, SIG.V, WRLG.V, NTR.TO, LOVE.V, HBFG.CA, MARI.TO, VEGN.CA, ARIS.TO, FFM.TO, MLP.V, QBR/B.TO, HSTR.V, TSLA.NE, TSLA.TO, QIPT.TO, DOL.TO, BA.NE, NURS.V, NCX.V, SJ.TO, GEO.TO, RAY/A.TO, GQC.V, NFG.V, IAU.TO, ECU.V, SGD.TO, NGEX.TO, DSV.TO, ERE/UN.TO, RUS.TO, SPPP.TO, GAU.TO, KBL.TO, HCH.V, NPK.TO, BK.TO, CSH/UN.TO, DV.V, RUA.V, KNG.V, TRZ.TO, TOT.TO, AAUC.TO, MX.TO, NXR/UN.TO, RCH.TO, DIR/UN.TO, ATX.V, BRVO.V, EDV.TO, EMPR.V, NEXU.CA, TVE.TO, DHT/UN.TO, MRE.TO, III.TO, TSU.TO, BCE.TO, LTC.V, SLF.TO, ALDE.V, GWO.TO, AX/UN.TO, MMA.V, MSA.TO, SGR/UN.TO, STGO.TO, PLZ/UN.TO, GLAD.V, SAP.TO, ODV.V, WTE.TO, IPO.TO, DFY.TO, IAG.TO, BLN.TO, PMAX.CA, FFH.TO, JAG.TO, TPZ.TO, HWX.TO, DBM.TO, TNZ.TO, TRP.TO, VBNK.TO, LBS.TO, PRU.TO, WCP.TO, SOMA.V, EXE.TO, EIT/UN.TO, POU.TO, BPF/UN.TO, UPS.NE