Happy Monday everyone and welcome to IBD live. It's Ali Korim here executive editor multimedia at IBD and joining me on the panel today or rather. I am joining two people who beat me to the punch here. Chris Guzzle our chief content officer also David Saito Chung deputy markets editor great to see you on a Monday day. Great to see you. Yeah, Justin Nielsen our market research director. Hey guys and hope everyone out there had a great weekend and in dark ops. We are joined by Ken and Webby and perhaps some other teammates as well and Ken has the morning headlines soon headlines soon and we'll get the tickers from the team here shortly. But first is always a couple of things to go over with everyone we are accepting questions and comments in the Q&A and we always love to interact with you every day. Just be aware that you can't get to all of your questions even though we wish we could you only see the ones that are answered not the hundreds of answered questions that get submitted each day but we do our absolute best to focus on these stocks and strategies most relevant to the current market. Regarding the Q&A IBD does not provide any individualized or personal investment advice. We can answer any question that reflects your individual situation needs or objectives. So please when asking a question do you not give us any information about your personal situation or your portfolio holdings and IBD live is for informational and educational purposes only please make sure to do your own research before making any trade. We are not making trade recommendations so with all of that let's see Chris kick us off what are you looking at today and you're on mute. Just the way we like them. I'll try to be quiet fix comfort systems so it's you know been hanging around the 21 day most of last week and we'll see if it can break them up there. Sounds good F I X and Justin. You know it looks kind of similar but I'm going to go with a tear dine. I'm really kind of interested in those stocks that have held up well regarding their Monday lows from last week so tear dine was one. Okay T E R and Dave what do you have your eye on? You know Ali I think the gold and silver stocks have lost some serious short term momentum so I want to talk about at least two of them A E M that's Agnico Eagle and then let's go to the letter B Barrick please. All right sounds like a plan thanks so much and now over to Ken for the morning headlines take it away Ken fill us in. I'm here good morning everybody yeah let's take a look at futures here and we do have pretty good gains to start off the day here let me just get a quick quick look and see what is going on here we do have. Nice nice gains to start the morning here let me just a little bit behind this morning and yeah let's take a look at futures. I W M is leading the way here 1.4% is the gain for small caps here the cues not be not far behind up 1.1% S&P 500 futures up nine tens of a percent and Dow futures up eight tens of a percent or so we've got oil prices under some pressure here down three and a half percent or so at last check. Down to about 95 and a half dollars a barrel that 10 year Treasury yield which has spiked over the past two weeks that was down at last check down three basis points to 4.25% ahead of the start of the two day federal reserve meeting that meeting starts Tuesday we'll get that decision on interest rates Wednesday at two o'clock eastern time Fed is going to stand stand pat market right now only expecting one rate cut this year maybe only one rate cut next year so that rate rate cut scenario has has really changed market worried a little bit at this point about stagflation with the oil situation and oil prices are staying high with this Iran conflict the US did attack. This Iran exporting island carg island on on Friday night they did attack there but the US is letting Iran export some oil on the straight for hormones oil is making its way to China for example so the US is conscious of. They do want the world to be supply supply some oil president trump is trying to drum up some support to get some the allies to send some chips to some ships to get oil to. Or to get countries to help you know just to get traffic of flowing at the straight of hormones so to get some economic data before the open here empire state manufacturing index at a 30 a.m. eastern time that unexpectedly contracted market does not seem to mind it was expected to come in at plus 3.9 it came in at minus 0.2 so again market shrugging that off after some. I'm harsh selling on Friday GLD take a look at GLD that is not moving much it is flatish that today we do have gold down 1% near $5,000 and ounce lots of top rated gold stocks a hat man's going to talk about that lots we were talking about that on Friday lots of top rated gold stocks. Below their 50 day lines on Friday some still holding their take a look at SLV that was recently down 1% in pre market trading with silver down 2.7% just over $79 and ounce. I bet making a nice move at last check up 3% Bitcoin and rally mode again I bet could try to make a run at Friday's high so watching a Bitcoin trying to rally off of lows after a pretty harsh sell off okay in video that's a top gainer on leaderboard in the early going at last check in video was up 1.8%. The company's GTC developers conference getting underway today that's going to go through Thursday gents and Wong's keynote starts today at 11 a.m. Pacific time 2 p.m. Eastern great story on the homepage of investors.com by Ryan Hart Kraus on how it's data center networking strategy for example it could impact the name like a wrist of networks and how it's push into optical. Interconnect has ramifications for Lumentum so i'm going to be very informative keynote today by gents and Wong and again that's going to be going on over the next 4 days so we'll see how in video trades today. Good segue into nebius and BIS this is the AI infrastructure you might remember in video just signed a $2 billion deal with and BIS I believe it was just last week or. A couple of weeks ago and BIS is up 14% again in pre market trading because they just signed an AI infrastructure deal with meta platforms this is a five year supply deal worth up to 27 billion dollars so and and BIS is still working on the right side of a base here is making another big. Remarket gain here so this is probably a good watch list stock as it forms the right side of a base here very compelling fundamental story here big big data center operator. Alright let's take a look at some earnings reports here volatile IPO forgent power solutions FPS at last check this is making a pretty nice pre market gain here is a provider of electrical distribution equipment to data centers let's see how it is doing up yeah maybe 4.5% it is liquid it is trading in pre market revenue here was up 69% year over year. I was about 10 million above consensus the midpoint of full year revenue guidance was just a little bit above consensus B of a securities initiates with a by rating and a 48 price target you can see the stock is trading around 32 in pre market trading we did give this one a shot on leader board got shaken out of it during the volatility last week quite wide and loose you can see we'll see where it. It happens and it did try to break out of an IPO last week but very volatile stock take a look at dollar tree DLTR that was trading higher in pre market trading the numbers were just okay okay here EPS up 21% year over year revenue up 9% mostly in line with expectations their guidance for the current quarter and full year mostly in line with expectations trying to firm up at the 200 day moving average. Take a look at some earnings reports this week Monday today after the close some tech SMTC in the chip space I think this one is still trying to yeah firming up at the 50 day moving average really nice performer in the semiconductor. Same industry group as in video the report after the close today on Tuesday big performer I think Dave Chung was talking about this stock to ESL T recently. ESL T reporting tomorrow before the open really really strong performer in the defense group and then of course Wednesday we have micron after the close great front page feature in IBD weekly over the weekend on these memory and storage companies micron reporting Wednesday after the close in the contract manufacturing group Wednesday morning we have J bill JBL that will be an interesting report and then Thursday one of the great price performers in the market FedEx FDX look at how well FedEx has been doing in the market FDX reports Thursday after the close coming down and testing that 50 day moving average so those are the look at earnings reports this week still have some companies strong price performance reporting this week alley send it back over to you. Thanks so much we appreciate it let's turn our attention to analyzing current market conditions Chris I want to start with you we do have. You know 1% gain here the NASDAQ disappointing action on Friday i'm going to pull up my little markup tools just so people can see we did get a close below that 200 day line but if we take a look at the S&P 500 we got an undercut so. Sort of a mixed bag here where we stand with rally attempt and key levels so what do you make of how we're starting the day today it seems like it's a little bit of slim picking still in terms of individual stocks but if we do get a solid gain today how would you be handling that. I would still be cautious I mean the so so the S&P undercut so it cannot have a follow through day and I think the NASDAQ came within I don't know just a. 8 points it was 20,000 and but we we still lowered exposure to 0 to 20% on Friday so and you know I think I noted it last week there were like. At that time going over the past 10 or 11 days there were like 4 or 5 1% gains and so you know we're out of 1% gain right here a little more than that has that shown any power in the last you know 6 weeks 8 weeks not really so i mean for me I think. Getting above the 21 day then the 50 day I mean kind of ramping these things up and then ultimately. I mean i'm not going to get completely aggressive until we break above those old highs and you know hold them. Because we've just been through this for you know since October of looks like everything's good and then we get these pullbacks at not so many stocks out and I think you just got to be careful. I mean i'm more you know. I've got micron and I don't have anything else right now. So i'm going to have one so that's one out of you know i don't know what the ratio is but. So many stocks do not look like this and you know the majority do not and they're having trouble gaining traction and you know getting ready to move so. You know i'm pulling off my hedge already this morning and so i'll you know probably see how it handles itself coming up here and and. Probably take it and take it all off at some point this morning. Okay and we talked last week about on Friday how good this was looking as a set up a potential buying opportunity except for market conditions and except for the earnings report out this week so if the risk was elevated Friday. It's even more elevated on a day like today. Yeah definitely i mean it was a you know a tough decision going into the weekend you don't know what the news is going to be and we could have been down a percent to start. And and i know that Mike has has said in the past he doesn't like it when you kick off the weekend with a i'm sorry the week. With you know again a 1% or more that that you know gap ups on a Monday usually you know often don't hold so we'll see how today goes but you know a a normal market kind of starts out soft in the morning and then builds during the day i mean when we're in a strong up trend so. That's not what we're in right now yeah we're not so question from Doug is if we do get a follow through day today and the billonial ibd founder rule is you need to buy something on a follow through day what would you be buying Chris. Well i would be well i might add to micron. But you know there's a lot there's actually a few stocks that are setting up i see that Dell is trying to break out. But it's already you know it's off it's high morning high so i've got you know watching that one in there. There's a yeah there's a number of stocks Carmen is setting up but it's got earnings coming up soon. So you know nothing days that's that's probably okay but it's not breaking out yet and you know I think. C in is making a move as well C i e in. Now and popping above those those levels from last week so that looks good. All right well a couple of watch list names for the audience or you know ready list names or the audience depending on how the day goes today thank you Chris will get back to you with more soon Justin i want to get your perspective the market school perspective on the market action here. Yeah so again it bothers me when you kind of have a lot of the indexes failing right you had the S&P 500 fail not that we look at it that much but the Dow Jones industrial average that failed you know that undercut it's Monday low. And I think also more importantly to me it's because we've been watching it so closely is the investment equal weighted S&P 500 RSP that you know that failed and there's a lot of these areas that we're holding up so well you know take take your XLP for instance you know that's the consumer staples select spider that failed like before Friday. Right you have all the indexes kind of fail you know so some of the things that we're working you know not that we look for follow through days on these but the fact that you know a lot of the areas that we're working you know undercut even before Friday just just kind of showed how it started to really become very slim pickings in terms of anything at all that was working so when when you kind of see a lot of that happening. It's hard to kind of say oh but look the NASDAQ had its eight points out of you know 22,000 you know that it that it held you know and I also I'm actually kind of doing a query in my database right now to see hey did do we have any follow through days where the low gets tested like that. So just don't think of follow through days happening so low in the range you know so again if you if you kind of make a little bit of progress from your your rally day your day one. I just can't think of many follow through days where the look is that it comes back in and the follow through day is like you know low in that in that rally day range. So those are a few things it just again don't seem don't seem right to me I'm gonna again do a query in my database and see if I can find anything that looks similar and if I find anything I'll definitely share that. So but again it just that's that's not the norm and so still you know as much as I don't necessarily think that we have a high hopes for follow through day even if it technically happens of it working. That doesn't mean I stay completely away and stop looking you know just like how Chris had a few stocks you know kind of at the top of his mind where hey you know these are these are some things that are holding up that's that's what I'm looking for I'm looking for the things that are holding above their last Monday lows I'm looking for the things that have held above their 21 day moving average lines in fact you know I think Chris did the the IBD live lists on Friday the ready in the one. On Friday the ready in the watch list and one of the things I was noting about a number of the ready list stocks is it's stocks that have come back to their 50 day moving average lines but are kind of holding up a little bit better so those are some you know those are some areas that I'm watching in the same way when we have a rough day I'm always looking at the stocks that are closing a little bit higher in the range the ones that we're able to kind of show a little bit of strength on on week on week days. That's what I'm kind of looking for right now the ones that have just held up a little bit better the ones that have held their 50 day moving average lines the ones that have held their 21 day moving average lines and those are kind of going to be my go to's because if we do turn around a lot of times those with the best relative strength and the relative strength line is so important in that regard it tells you so much those those are often the ones that become your next round of leaders. Exactly because I think you know sometimes we in hindsight after a follow-through day we look back and we say oh well look at this stock it broke out before the follow-through day it was it was leading and gave you those signals before we got the signal on the market level so I think we have been pointing out those names that have been setting up like you said Chris Chris gave a handful one that comes to mind in particular for me because I bought it last week. Is is Sanders look how nice this is looking on that reversal data kick off the week double bottom type formation here and now looks like it's clearing that 691 high so there are some of these names that are working and I was adding to it last week because it was because it was working so you do and I think one of the reasons why I was attracted to it was not only did it bounce off. It's a lot of a level that I really like to buy off of you look at how the stock performed headed into that it's this has been a leader versus turn around I'm not quite as good at catching those turn around names but this is an established leader of the current cycle strong fundamentals as well. So I would say this is up there with a number of those other names that we've discussed so far this morning I'm right with you there Ali I bought the next day I was a you know still a little nervous on the first day but I did buy on the next day and it's one of you know maybe maybe three positions small positions that I have right now but I did get you know I kind of went back and forth between STX and WDC myself during that run and the whole time I was looking at Sandisk and Micron is like well those are the ones I wish I had kind of thing so yeah when when there was an opportunity and that's that's sometimes what you have to do you know for the ones that you miss you have to just be keeping your eye on you know the next opportunity because a lot of times they do come and if you're not there. Even when it's scary again you know it's I didn't want to I didn't want to miss it again so I at least wanted to get a kind of toe hold. Well I definitely did not type November 5th 1984 on the chart but alas. You know what that's always fun to revisit the 80s you know. I like to do that with my workout music why not with our stocks. I heard Jacob Lerdy had a mullet going on during the Oscars too I don't know if you anyone paid attention to that. Yeah. 80s thing. Mullets and moustaches apparently have been making a comeback but at any rate Dave. I'll have to I'll have to break out my pictures of a mullet and moustache from maybe not the 80s but the early 90s. And fanny pack right and fanny pack yes I think you have neon colors neon colors. Yeah love it. Okay Dave give us your thoughts on the market here and the leaderboard perspective on the market action. Yeah a lot of questions regarding leaderboard given that it is at a low exposure level alley. Before anything else I just want to offer a sincere thank you to all of you who all night be alive also happen to sacrifice some of your Saturday morning Saturday afternoon time to join me as Scott Sinclair for our latest webinar. And we had a really great time addressing hundreds of almost 120 such interactions questions in Q&A. I felt alley like I've been alive Saturday edition. And so going back to the most really quickly if I could if you miss Saturday's workshop you can still watch it on demand. So yeah so check that out and if you attended Saturday you can also watch it on demand. So yeah if you participated in the workshop you have access to review all of those great insights over and over again. Sorry go ahead. Yes no thank you and indeed we hope to get the continued feedback from people who watch it and rewatch it and say hey I'd like to hear more about this topic. It seemed like you know my our discussion on building positions as well as trying to develop a long term conviction in the best stocks seem to really resonate with a lot of people. Now when we go back to the market I feel like 2026 is already been one of the most interesting years as a journalist and as a fellow investor in growth stocks because there have been just so many cross wins regarding you know concerns over the Middle East. Commodities interest rates earnings and how long and strong the US market has been I find it kind of interesting that none of these major indexes that we've looked at have actually broken the 200 day and normally when we break the 200 day and we keep going for to sell I think it is usually a unanimous decision that we are in a serious correction. But if you look at the nice composite alley if you look at I guess it's NYC on beta. Is it NYC? Okay NYA my bad it is NYA there we go NYA or New York composite has actually only quote unquote corrected 5.4%. That seems more like a pullback a healthy pullback after a really long advanced and a serious down and dirty correction. If you look at the NASDAQ we are down 8.2% at that one of those two lows that that Chris was teasing us with you know did we undercut the low did we not undercut the low essentially you know we we hit low lows for a long time and we under you know we tested that in November. So this has been a healthy pullback healthy shakeout is this a correction. I would say yes I think there was a correction in the NASDAQ more so than a nice because we we really counted a lot of 1% plus distribution days and it's going to take a long time before we clear those out so you know from that perspective. You know certain sectors have really gotten hit on the chin bars others have had some nice moves so depending on what sectors that you've really focused on you could be having still a really good year doing better than the indexes or you could be struggling like myself because I I struggled this year because I haven't really been able to find a lot of new winners to force me to either reduce severely or get rid of the stocks that have really done well for me over the past couple years. Use me Dave so if we do get a follow through day today what would be at the top of your by list. I think right now it still would be a I related tech alley. I'm not interested really so much in the commodities although I'm always keeping an open eye one one stock I'm watching really closely I have a tiny tiny position here is sqm because lithium might might be gathering a little more steam. So sqm's got like a double bottom like look to it I decided to buy a little bit on the shake out plus three sort of by point you know which is kind of close to that 50 day. Retail doesn't seem that exciting to me unfortunately although you know when you look at something like tapestry TPR I've been really impressed with that one kind of a K shape K shape recovery play alley right this one's been doing better than a lot of other retail. Retails that we've done so tapestry looks very interesting the companies earnings line you look at that on the weekly chart really strong it kind of reminds me of the 2000s when coach was a rage so I think there are names out there you just have to be very very selective and make sure that you stick with your your knitting in terms of by rules sell rules. And as a matter for folks that sqm you know it's it is one of I think it's the number two lithium minor if I'm not mistaken but it's also yeah it's also fertilizer play so it's sometimes hard to tell where the strength is coming from is it is it from its fertilizer business or it's lithium business it seems crazy that it has both but you know there there it is alley one more thing I'm noticing in the Q&A that a lot of folks are saying. Follow through day what is this so maybe we should go back a little bit and you know and we can use the NASDAQ as an example you know when when we talk about a follow through day what we're looking for the way I always think of it as back to your geometry right you know for any line that you form it is you're required to have two points and so if we're going to say that a potential up trend has started and notice I say potential it's not guaranteed a lot of follow through day. A lot of follow through days do fail but if we're going to have a potential follow through day we want to see you know one point and then another point and ideally those points are kind of you know showing that the trend has potentially changed here so we start with a rally day so you you've been pulling back in the market you start with a rally day that could just be a day that's up. Or it could be a day where you you come off your lows considerably so you're down for the day but you close in the upper half of the range we call that a pink rally day okay so now once you have your rally day amidst a pullback or downtrend once you have your rally day you start counting that becomes your day one and then once you get to day four or higher we look for a day of power now the rule is you know the rule for a long time was 1% on volume that is higher than the day before I've done a study that shows you know especially now dollar volume is actually a little bit of a better thing to use then trading volume we are working on getting dollar volume as as one of the factors that you can you can look at for for your volume but you know trading volume is what has always been used in the past so you want to do it. So you want to see volume heavier than the day before we cover your ears you know because we're talking about volume but those are the things that I already did so those are those are the components and you want to see a day of power it should be a day of power so 1% is what was used for a long time and then in the late 90s early 2000s Belonial the founder of investors business daily and the creator of the follow through day concept recognize the extra volatility and so he kept on kind of moving that up you know he went to 1.7 I think it was at 2.1 at one point then down to one and a quarter percent when we were doing our market school rules we kind of basically said okay let's look at the volatility of a certain period and just how much how much movement there is especially on the update and we said okay based on that we came up with different levels so right now we would be looking for a 1% we don't look for more than one and a quarter of course this these were rules that we put into place gosh 15 years ago so you know if we had to do it again Mike certainly would you know maybe go a little bit more towards leaning on the ATR the average true range but that's you know right now 1% is what we would need so once you have that floor established with your low and your rally day you want to stay above that if you undercut it your rally fails if you don't undercut you keep on counting so month last Monday was day 1 you count day 2 kind of you know you know came came up closed closed higher but you know really kind of lost a lot of ground from its eyes same thing with day 3 day 4 distribution day kind of an ugly day day 5 barely holding you know above the low and today would be day 6 and again the count is still valid for the Nasdaq but as we noted a lot of the other indexes are have already failed and you know and when one index fails it doesn't wipe everything for all indexes exactly it doesn't a divergence it doesn't but you know I will say you know the most powerful rallies are the ones where you kind of have everybody rowing in the same direction yeah and and it might happen within days of each other you know but it usually again there they're usually all kind of holding above their lows and making that progress you know a good example is back in the covid era the S&P 500 had its follow through day on April 2nd and the Nasdaq had its follow through day on April 6th so that's just again a reminder of the follow through day concept there right thank you for that Justin okay moving on Chris we're getting a lot of questions on towers so my conductor up 9.6% here what do you think about this move I mean the the gap up looks good if you know again if we're in a stronger market I would say I mean one of the let me see TSM TSE and I'm sorry so boy my charts aren't updating on think or swim so that's where I mean what I would be looking at let's go to the 15 minute chart you betcha all right so I would put an alert at the high the open opening high there and because I've seen a lot of times where stocks might bounce around after gapping up but if they can take off take out that first 15 minute high that's usually a good sign and so that's where I would put an alert for myself in this market I can't say that I'm that you know aggressive right now on a on a move like this but you know maybe if you start with a smaller position and then build up as it if it can really take off that would be good but I mean most everything that I've tried buying in the last you know week or two I I don't have them anymore because all of them have have hit my stop so that's that's why I'm a little reluctant to do anything right now all right thanks Chris okay Dave you said AI tech let's go to NBIS look at this impressive that's right in on that theme and it's a rocket is sure has I I would definitely put this on the front burner of your AI tech stock watch list notice that it's it kind of reminds me LA of the earnings gap but it hasn't broken out really honestly when you when you talk about a breakout out of the base it's sort of setting up that potential breakout but we've got two gap ups in the past four days that's definitely bullish isn't it it is so are they are those viable gaps or no well in hindsight obviously the one on Wednesday was right because we kind of we cleared some short-term resistance levels you know around a hundred eight hundred ten or so and now at this point I would advise to just keep watching it here maybe you buy it just a couple shares just so that it keeps you keeps your antenna up real high on this stock and then see if it holds in the next couple days or so within the high and low of today that might offer a couple things one that the demand is really still strong in the stock and two that those who bought are not willing to sell so given the news that can highlight it with with a huge deal with meta 20 up to 27 billion of course that's probably it's not like they're writing a check for 27 billion today right there's probably over a long period of time nonetheless if that's really going to happen look at those sales numbers right now it's probably running at a billion a billion or so a training 12 months if they get even half of that 27 billion that that's a game changer for this company yeah okay so you think it warrants if anything a few shares to keep it on the radar is that because this isn't your super high quality elite name in the AI space well I didn't I didn't really mean that I mean I think it is elite because one you see a stock that went from a prior break up maybe if we could go to the weekly chart we get a better sense of the arc yeah the arc of this this move and so it was a very deep cup a sort of move sideways after a cleared 51 52 and then almost tripled so to me that's a leader for sure okay yeah so it's more of just how far it's moved in the last week and a day that you would want to go a little smaller with something like this yes yeah like I said I mean I think let's say I made a full position right now let's say anyone made a full position right now and then it undercuts the low of this week and then you take a 7% loss then you get stung right and then you might feel that wow and this is something I talked about on Saturday you're pride you're fear you know your emotions might get you in the way of buying it the second time if and when the stock really takes it off from here okay thank you Dave quick note for everyone a couple of folks asked for market surge the new charts if they could have my settings for the RS moving averages and the price moving averages that I have here and they want to know how to add them so I am pleased to let you know that our awesome coaches created a video exactly covering this so if you go to the resource section and then video tutorials you can find it but if you want the direct link just let us know in the chat and we will send you the direct link and then you'll be able to set up your charts just like how we have them on IBD live and Webby is who I copied the settings from so these RS moving averages on all the different time frames those are are coming from his settings and more to come as we add more indicators and things that we are all looking at internally so super excited about that and we also are getting questions about the font size for this upper area for me I'm on a Mac and using Chrome I'm pointing my cursor right here to this little magnifying glass if you want to bump up the font size that is how you can do that right there at least on Chrome and I'm sure other browsers have something similar so just some tidbits there all right Justin over to you you wanted to take a look at teradine this morning so let's go there check in yeah I was certainly barely impressive how well the chips you know we're we're holding up you know overall through this you know again a lot of tech was getting hit but you know we were looking at SMH for for a while and you know it was it was finding support of the 50 day moving average line now that kind of ended last week or you know maybe maybe Friday before that and as it fell below the 50 day moving average line started spending more time below the the 21 day moving average line but relative to a lot of things out there this has held up you know a little bit better and if you look at some individual names in here you know there's there's some impressive again relative strength so I I would put teradine in that in that bucket it got support at its 50 day moving average line so I'm always trying to be aware again whether it's in sector you know a sector that has dropped below its 50 day moving average line and the stocks that didn't those are potential leaders of that sector or you know the entire market you know and the the stocks that are holding above their 50 day moving average line so teradine definitely fits the bill there and now with again a lot of these areas undercutting the Monday low I'm particularly interested in those that didn't and teradine fits the bill in that regard too so I think this 300 level is is an area of interest you can see how it it crossed above that level touched it you know very briefly in February you know after it first crossed 300 it came and kind of settled right there at 300 made a little bit of a move up to 344 and it looked like it was getting support at 300 again you have those three days a couple weeks ago where it kind of the lows kept on hitting 300 but it was getting kind of support you have the bounce off the 50 day moving average line again 300 became a level where it kind of just gravitated towards and we're right there again so I'm very interested to see how teradine handles itself around this 300 level because again it's just looking at the chart that seems like an area it keeps on it keeps on testing so what what become support what what's acting as resistance often becomes support and what has been support is sometimes resistance and so that seems like an area of resistance if it can break through that this is going to be one that is certainly of interest to me okay so someone in the Q&A asks us to remind folks what we're thinking about right now with these different setups in terms of position size so what would you be going with with something like this Justin um you know right now again with without a follow through day I tend to be doing more pilot positions especially because you know I might my drawdown since my peak of September 22nd that's that's how long ago my my my equity curve high was you know because I'm kind of in a drawdown I go a little bit lighter until I start making traction start making progress so you know that might not be where everyone stands and this is why sometimes the position size thing is a very personal thing because it really kind of depends on how you're doing you know your level of aggressiveness you know sometimes that's age related even I feel like we we tend to get a little less aggressive as we get older because we start seeing that runway of time that we have left in order to come back from mistakes that runway gets a lot shorter right so you you have to make sure that you're minimizing you know mistakes especially big mistakes you know you can kind of afford to do that when you're younger and learn from it and you know make make progress significantly after that but as you get older you know you don't want to make big mistakes so again because the drawdown that I'm in right now is is more than I'd like um I'm I'm being a you know a lot less aggressive now I'm saying that now but that can change very quickly you know sometimes if things are lining up in a way um you know I can I can I can move fairly quickly and uh get get right back in um and in a in a few days I can go from you know minimal exposure to a hundred percent I don't use margin because I'm using mostly retirement accounts to do my trading uh so I I love the tax benefits that come with those and so that's where I do the the majority fast majority of my trading I would say 90 98 percent are higher um and so yeah that's uh but for me like a position size right now um for the account maybe you know a two and a half percent you know position is is where I'm going and sometimes when I say in the account um I might not do it in all the accounts uh so it's not a two and a half percent position of my entire portfolio uh sometimes I'll start it in one account and see hey can I can I get traction here and then you know I start putting into the other accounts as well right I think I have like five accounts right now so nice all right Chris you mentioned sienna towards the beginning of the show as a watch list name for you and it's pretty much a day high here up 6.3 percent so let's talk about it a little bit more in terms of if it's actionable if today's a follow through day and what how would you be sizing your position in this stock yeah um what I'd be doing uh as far as size is um probably doing it two and a half percent position so two and a half percent position you know there's some belonging behind it um which is good to see uh you know this is really the the first pullback since it broke out of the um out of the uh that ascending base so I like that um you know I wish I had gotten it uh you know uh a week or two ago but uh I mean at that point I just didn't have the confidence in it um at all so the uh you know I think this is completely actionable right here right now but for me given um you know where we are in the market I wouldn't be going larger at this point okay I also want to change this to the track price so it looks like we're currently about 10.1 percent above the 21 day this has a 21 day ATR of about 7.6 so just so keeping that in mind that's another reason to to go a little smaller because it's not the worst it's not like 10 percent but it's you know fairly high and uh that can you know flip on you in a moment mm-hmm would you say Chris that this is increasingly becoming the clear leader in this industry group I know isn't Luke Mentum that's also another one in this group it's not at the highs like right yeah so yeah I mean it's definitely um it you know both of them have had their their times where one is one is leading the other is not so they kind of go back and forth but um at least right now Sienna seems to be the leader okay so that's uh look at Sienna Dave let's switch things up a little bit you wanted to talk about gold we know our audience has been interested in this space um quite a while with gold's long-term leadership in recent years what do you make of the current action here well right now the futures show gold coming off the early morning loads which is positive and silver actually turning positive after being down somewhere between 0.5.6 percent in the pre-market before the mark the stock market open we are at $81.43 uh announced on silver so we're actually up a little bit gold just down 0.5 percent I'm really curious about how the gold miners are going to handle these tests for most of them around their 50 days such as AEM that's that's one that I'm really watching closely I think that's a okay a leader within the group stock that was formerly on on leaderboard you can see even on your daily chart a superb move from whatever breakout you used say the 140 up to 255 really really strong moving and you had that long uh draw the line breakout that you showed right there and so this is a key area to determine whether the stock is going to continue to forge this uh relatively nice steady uptrend of higher highs higher lows if we look at B I think B already undercut this 50 day sharply so I've always been curious to see whether this will be a 200 day test and B's for a B just a letter B yeah yeah you can see now it's kind of in that no some of you like to use no traders land I don't like to discriminate therefore I use no man's land so I use no traders land you know what I can tell you no man's land does not offend me so okay as a woman I give you permission to say no man's lands I've been a kind of I've been a stickler for that for years on this show any case uh you know when when you got a stock caught between the 50 and 200 day you kind of I think the chart's water has become a little murky is is stocking a rally back to the 50 days is it going to move sideways in between those two key technical levels or in fact is it resting on uh it's just cooling off before goes to another plunge right to the 200 day so when you look at that uh day-to-day action in barrack just five if you could point four days ago please Ali uh four or five days ago you see how it tried to rally for a third straight day and it it it it refused to hop back about that to me was a tell yeah uh and look at the relative strength line on your chart that relative strength line shows uh lower lows lower highs and so I would not at this point I would not be buying a falling knife here uh even if it's gold plated or silver you know uh silver dipped uh and just watch I'll just add two cents it won't be a gold bar worth of uh commentary but it'll be it'll be a few cents although pennies are they're too expensive to make now apparently right copper is still a strong alley copper is uh I think it's still up for the year pretty decent double digit digit I'll double check that but right now copper if you use thinker swim it's it's slash hg hg being the periodic table made or described copper yeah and it's up 1.2% today uh and I think it's probably related to the fact that you know we have maybe some easing of tensions along to hormone straight and trade and and the excitement regarding the uh gtc conference right because they're still gonna use a lot of copper in in those data centers not just fiber optic absolutely uh and you know what there's there's a difference there the the periodic table hg is mercury so um but i'm sure you're right futures hg yeah futures is hg because I I think it stands for like high grade or something uh I was always wondering like what why why is copper hg jephardy japan when it we call this mercury you sold me on that I don't I was selling myself I mean yeah that uh second year chemistry your first year chemistry thank you just no I appreciate because I was in my own little uh little delusion made sense to me yeah it made sense to me too but then I was like wait no no and so I had to look it up why why do they use hg for the the the the features instead of see you exactly see you should be see you gosh not my fault yeah it's they they made a silly they made a silly thing they should have they should have gone with the other okay I own a position in gold so I would say for those out there who maybe have been in it since last summer like me uh you know I I sort of made it my mission I guess you could say to treat gold a little differently as long as it didn't trigger my stop but now that I'm up on it to be more patient with it because I feel like I kept getting shaken out of it trying to trade it a little too actively so I think as long as this uptrend holds I'm still going to sit with my position that I've been in since last summer of course you know looking back there were some opportunities to take some profits into strength if you're using an upper channel line that I drew sort of loosely here but you know maybe there I think buying this adding on pullbacks versus the breakouts is the way to go that's what helped me finally stay in it because I bought it off of the 50 day versus a breakout because if this has a nice long term uptrend but it forms a lot of bases along the way and it's not like a growth stock where it always you know the super strong ones hold above that 10 we get will test you so now that I finally got a toe hold I'm gonna I'm gonna stay in it as long as this uptrend stays intact all right well done on that long-term hold alley by the way at longer term yeah right yeah long-term capital gain yet I mean you gotta wait a couple months great you take a couple more months so we'll see if I'm still in it you never know let's go to Chris and fix okay you wanted to highlight comfort systems today tell us more holding nicely above that reversal day low from last week right exactly and what I'd like to see is it take out the the high from three days ago today it's just kind of holding you know steady not a lot of you know volume on it or anything like that but you know if it can take out that high I think that that would be actionable and and again let's say the markets looking a little better that would that would give me more desire to go for it and you know if you look on I mean this one is made quite a move but let's let's look at the the weekly so you know it had its move off the bottom and made one base and you know kind of went back and forth and and then finally broke out so here it's you know pulling back getting support the so I mean it's really the first real test of the 10 week since that last base so I that makes me feel a little more confident about it okay so to reiterate where the buy point would be and position size can you well what I'm really looking at that high from three days ago okay right there so if it clears that would you be doing a two and a half percent position sorry yeah the chat and stuff okay so two and a half percent position and then looking at the recent lows and that 21 day as your exit area or what would you be using as your stop you know let me look probably around maybe the low of Wednesdays low so yeah where you've got your line there yeah yeah okay and I mean this has that triple digit growth so the fundamentals that we really like to see in addition to that really nice uptrend here so one to watch all right thank you Chris let's go next to Justin and other questions on this one that we we looked at on the Friday SMT I think week before last and then I think we were gonna look at it on Friday but then it was like oh we just you know we just did that yeah well look at it now because it's having a great morning perhaps an alternative pivot that it's clearing what say yeah yeah yeah so it's it's definitely of interest and look let's let's let's go back to the weekly chart real quick take a step back because this certainly got a lot of attention it had this you know phenomenal uptrend you know we were talking about it like every day on ivy live here a lot of us you know I I was a little latent actually even trying it but I liked it it was good you know and more importantly I own the stock and it was going up so that made me like the taste I think even more maybe you know so but then it had that earnings report that yeah really kind of stuck out and in a bad way in a bad way because yes it was it was up significantly and just closed really poorly and that was it you know the the stock just couldn't do anything after I'm actually going to show everyone a really cool feature of these charts yeah we can go back in time and look at that so I just scrolled back and there yeah there you have it it's it's it's really nice and convenient you know instead of because look sometimes that change date feature you know you you don't type it right but you know when something's that close to just be able to kind of pan back so much easier so I'm glad you showed that so and and you can also very slowly go forward too right instead of continuing to change the date you know you can kind of just pan forward and and see how things play out but yeah this this you know once once it had that earnings reaction and you know shortly after fell below its 50 day moving average line it just really couldn't do much it got back above the 50 day line briefly and then it just stayed there you know for the most part and under the 200 day line so why why the interest now well it's it's showing signs of a turnaround when it gets to back above the 200 day I'll be honest with you I generally am not looking at stocks below the 200 day moving average line but once they get back above both the 50 day and 200 day line then you know I start looking at bottoming bases and I think I think Ken maybe did a a podcast with me a while back on bottom bases so yeah so that's that's something you can take a look at not something we do very frequently but you have seen some of those appear on leaderboard and again some of our some of our lists at times so that's that's kind of what this look like in this last earnings report a very big move unlike that one that we pointed to it closed well it closed at the top of its range and lately what it's been doing it's just been kind of holding holding that huge gain that it got from that last earnings report and that's that's one of the things that sticks out to me when stock is able to take that higher valuation and investors are comfortable with it at that higher valuation you know a lot of times you you almost expect it to fill in the gap which this started coming in a little bit but it immediately got support and for such a big gain to hold the majority of that is I think very strong and so now you know today it's it's having a good day it's looking like it's going to challenge that previous high and so again on the weekly chart that's a good look to me when it's able to have such a big move on a on a weekly bar and hold that hold tight and so that's that's what this did now the earnings I'll say you know I mean I'd have to kick the tires a little bit on that earnings report what was so spectacular you know with it's still you know not not growing its earnings what was it about that you know report that was spectacular but again the the sometimes the chart action is what starts me getting interested in a stock and then you know the delving into it like gives me a little bit more confidence and conviction but certainly the chart action is what got my attention here all right so is it viable you know again this is not my typical this is not my typical but I do think again I'd want to find out a little bit more about what what it was about the earnings report that was so spectacular and I'll tell you what a lot of times I will cheat and use Gemini you know have AI do a little digging for me and yeah that that would be kind of a deciding factor for me but certainly on the chart basis although not my typical it is viable to me the market is the the hesitation okay thank you for that just in all right let's continue forward Chris Dell was another stock that you've been keeping tabs on up to percent now what do you think of this breakout here after the strong move on earnings is this still within range yeah definitely definitely within range I wish it had more volume today I still I still like volume but nobody's perfect Chris thank you so yeah I guess I'm still not convinced about this market and it seems like I mean we're you know we're holding the gains we're just a little off the high on the on the on the cues but you know we've had days like this before and then you know within a day or two we reverse so I guess that's why I'm a little you know reluctant to act and it's still an inside day so well webby I know you're not on the show but since you piped up yeah that'll teach you could you give us your two cents on the market action here and your portfolio game plan for today um sure I'd be happy to one person is more than enough for the fall three day as far as I'm concerned I did ask adjusting to do that query because that is a weird position to have a fall three day right where you just going to start laying back to that not undercutting it um left is hanging on by a thread where we could still have a fall three day so if we close here it's a fall three day is it a compelling fall three day no do are all fall three days at work compelling no our ones that are very compelling meaning up three or four percent do those have a much higher success rate and people's mind they do but it reality is is not the case so why do you use a fall three day if more than half of them fail is because it gives you a line in the sand so to trade again so if we got a fall three day today then we would use today's low as your as your stop as your exit now that's a great area because it's a gap so really last Friday's close is your is your true low but when Justin did the work correct me if I'm wrong um on this Justin when we query that last time we found that basically there we didn't have any examples where you undercut the the gap low and it didn't end up failing correct oh geez I don't remember I'm pretty sure yeah I'm pretty sure because I think we did that last year on yeah yeah that that that sounds right and and again I can't think of any that that did that did meet the criteria right exactly so it gives you something to trade against it gives you a green light to buy something as you guys have been saying you know bill if bill when the old founder of IBD were with us he would say use buy something doesn't mean you have to buy a lot and that's where the position of it of the fall three it comes into play and is very important right because if if this were up above the 21 day it would we would have a different feel in the charts would look better so when Justin uh Charles and I put together the market school rules which I would highly suggest people get that that home study I'm not trying to push it I don't get any money for it or anything but I really stand behind the work that the three of us did in putting all the pieces together meaning you get a fall through day that's just one buy signal but you gotta get your low above the 21 day and close up on the day for another buy signal then above a rising 50 day it would be another one in our 50 days in a decline right now so um you know I would really look into that but let's say you're not going to or that's just not your thing what I would do is use my three day plan or three day rule type of thing where you want to after you get a fall three day assuming we get one today or later this week which really high possibility of getting one because we've got the Fed um which could add a lot of volatility as well as any other news out of DC but um getting the low getting a close above your 21 day is your first real sign post fall through day or even before fall through day then you're low above your 21 day and closing up on the day that would be your next thing then really where you if you've been kicked around in the market like I have been frankly and you want some extra um evidence wait for that three days three days with your low staying above your 21 day um and closing up on the day before you really start getting heavy now I'm heavy right now but that's those those trays have really tight stops on them that where I could exit in it in a second if this thing starts failing but I'm talking about giving things room you know getting heavy and giving things room you want to make progress on your trades um and that would give you time so again in that shell wait for the fall three day wait for the the close above the 21 day wait for your low to get above your 21 day and close up and then more importantly three days with your low above the 21 day and closing up and that's all say unless I'm asked another question because I don't like that much and I will not be looking at volume at all in fact with the beta charts I will be turning off the volume on the bottom which is my favorite favorite here well it's not really my favorite part of the beta but it's you are happy about it I'm very happy about it so yeah yeah any other questions yes Sammy Hagar was great last week and yes everyone should go to Vegas to see Sammy Hagar because he's doing mantra stuff he's do oh you didn't ask me about that okay I'll leave but you mentioned it webi because those those are some great tweets you put on I I enjoyed them all great thanks man all right thanks guys moving on let's see how interesting this year has been already 2026 all this all this stuff going on out you know yeah what a year follow through possibly we won't look at the ball through with volume without volume yes I love getting everyone's perspective okay Dave you're such a sun shiny kind of guy I feel like at least a sun shining on me yeah this is perfect perfect timing for you to take a look at a slick stock this is a NXT blue dot blue dot one of the one of the best of all the best one absolutely yes yes look how it's it's been yeah very volatile for for even the short-term trader trader I would think but here again all in all you you do see that uptrend in in the stock since August when they had that breakout past 6566 double bottom there mostly support around the 50 day definitely worth a watch list name I think it is on the IBD 50 one at a top within the IBD 50 as well if not in the top 10 I've seen it in a lot of lists so you know I agree with your trendline bypoint there that's aggressive I think you might be a little extended from the trendline bypoint around 116 but but you're close you know you could maybe watch and see if it pulls back near near that 118 to 120 level but this company is I think being rewarded alley for being more consistent with with his fundamentals regardless of whether there's tariffs on on the air on the industry or switch switching and policy which has happened a lot in the last several years this company seems to be writing just a general embrace of solar power at the utility scale level to help just feed the incredible demand for electricity across the country here so if I were to play this all in all I would try to get as close as possible to the 10 week line or as you can see in that weekly chart knowing the personality of the stock it really does tend to dive sharply below the 10 week line so if you're you're a stickler for 10 week support you'd probably be shaken out I would think that once it jabs below the 10 week line and then rebound sharply above it that's where you buy good stuff thank you Dave you brighten our day so right back at you alley that's why we're acdc there you go rock on let's go to Chris and you big witty ui another blue dot stock the audience is pointing out to ice it's working on a handle and is this the Chris Gessel special trendline within the handle uh yeah it's definitely breaking that um if you look go to the one minute chart because this is a you know we're really drilling down here yeah so it's very gappy because honestly I've I've said this before I wish these companies with high stock prices would split a couple times because then then the then the chart would be a whole lot smoother internally because it you know it looks like it goes you know might gap up gap down uh go sideways you know it's it's a little odd but going back to the daily that's the one that's really the only thing that gives me pause about this one um everything else looks good that it's breaking the trend line with the rs blue dot looks great and you know that that the estimates going forward um look solid so does definitely it looks uh interesting could I jump in here and add to you guys uh ac and chris this is one of the most unusual companies in our database and for only one reason 93% of the shares are owned by the CEO hmm maybe that's why you just want to split that's so weird it's very unusual but yeah I did a little research on this one I was like wow I was I was feeling the same way as you all is like why are they in the market how does that work I don't know this is 30% well I guess I don't know well maybe things have changed but yeah according to alpha uh well our legacy it does still show yeah management owning 93% and and alley keep in mind that the the mutual fund percentage uh will yeah it's it's going out for different number yes so um a lot of times I think the mutual fund percentage will go off the float um as opposed to the shares outstanding so yeah yeah yeah that's what that management percentage would would we'll go off of so yeah a lot of times people do that scratching of the head and like eight a minute that doesn't add out uh thank you for verbalizing what I was thinking there yeah yeah good stuff all right moving on let's see where I want to go next so many great question okay this is this is where I wanted to go Justin Corning G L W pretty tough week week before last let's take a closer look what do you think about it now and and you still own it were you trimming yeah so so I did I did get out of this is you know again just a lot more things we're not working um I I was also I think I think one of the last things I was holding onto with was BTSG and I did get out of that you know um I started trimming it and then I think I finally got out on that bad break uh of the 50 day moving average line was my final like okay right and a reminder you were getting in last yeah at the breakout yeah yeah so um so yeah GLD GLW Corning was was another one that I was was holding on to I had I had bought that around a hundred uh you know on on the breakout I think not on the breakout day I think um you know I bought it as it pulled back and then bounced uh so again it was just above 100 uh had a nice move and even though this didn't come down to the 50 day moving average line um you know it's it's one of those things where in looking at okay how far up uh it was above the um 50 day moving average line I'm like yeah I don't I don't want to lose that much you know so um you know so I so I know that Mike I think it was last week was talking about you know oh you know using the the percent extension um you know shouldn't necessarily keep you you know out of a stock or or using it as a sell rule but um I do sometimes look at negative action and say okay when I'm when I'm picking my line in the sand I have to just know myself you know can can I take that kind of punch you know am I strong enough mentally and no I'm not you know I can't I can't be down I think at its peak it was it was up 40% from its 10 week moving average line or you know something like that um you know maybe you know and again a lot of times these can go so much higher than you think but you know I know that I can't take a 50% drawdown so I'm not going to use the 50 day moving average line as my line in the sand so I have to start looking at other things you know the 21 day moving average line or um I'll start looking at you know uh recent lows areas of support um and so I I can't remember exactly when I I started selling GLW um but a few days off the top um you know I started trimming back my position and then um I think I I sold the you know sold a remainder um yeah I think I think it was either on on March March 4th um I was down to a very small position and March 5th was was when I was out uh completely so um it was it was a small you know a small gain um but you know decent for uh how how a little time I had it uh on and um now this does it's on my radar because like taradine that I brought up earlier uh this is one of those that's holding above its Monday low it's you know acting very well in my mind it's right there at the 21 day moving average line um you've got kind of this area of interest just like um if you kind of draw a lot yeah well you already did it uh I was looking at my chart and I should have been looking at yours um no so so the the middle line that you have right I like yeah I was this was still me like the 4th attempt at me trying to point out the holding above the Monday low okay well but but you know I like to go you know to the left like you did and see okay is is this current support kind of matching anything and it's matching beautifully you know that area uh over there in February so um yeah this is this is a an important area that I think it it's gotten support and so I mean if this crosses the high of last week you know this starts this starts looking interesting to me again great all right now they're watchlist name there okay let's see what time it is wow all right we've got 15 minutes it is now time for a little brief lightning mode then we have the industry group review Justin okay okay so let's uh let's do a super quick lightning chris a sml lightning uh that's like an interesting right there getting support at the at the 50 day and uh yeah if it can break above 1400 that that uh you know having that that round number and can hold it that would be good all right day from the audience xes one is new to me I have not traded or watch this one closely but I do like the relative strength and uh the test of that 21 day I it's hard to see your yes is that 21 day oh okay yeah so for the short-term trader I think a strong bounce off this would would uh command a follow on by let's go to FTAI Justin hmm not as interesting to me now that it's uh undercut it's uh moving abge lines so see how it handles itself with the 200 but I'm not I'm not into it right now also from the audience cstm chris cstm this is not one that I've uh looked at before uh but the you know it's it's trying to get support there at the 21 day and um I think that you know if could take out yesterday's hi that would be interesting mm-hmm a s from the audience hat man unfortunately this breakout second breakout to temp has failed and and therefore I would just limited to the watch list and not try to pick the bottom here okay let's then go to pwr just a couple more and then we'll do the industry group spreadsheet Justin gosh talk about power uh yeah it's it's moving up to its name yeah and you know I do like how it's kind of uh hitting a little bit of resistance uh here so this could be an area to watch and see if I can break through it and then i and tc from the audience chris yes yeah the sales growth is a problem for me here i mean i i want sales growth that's in the double digits and ideally above 20 percent okay um then we'll do a e i s dav another example of how the chip makers have actually done pretty well this year you can see the strong your today gain alley from january and a successful uh test near that 50 day so if you're looking for an entry try to be as disciplined as you can to get closer to the 50 day moving average otherwise look for a new base all right dav will give you one more theme two tickers and then Justin spread sheet is where we'll go next thoughts on ethereum and bitcoin from the audience i think it's valid if you've done enough research to look for a follow through day in these indexes i don't know if today will be one but maybe look for the spirit of something because this is a risky entry point i think because you see the moving averages are still uh you know the ceiling and not the floor okay and so that's etha and then we'll quickly look at ib it very similar very similar yeah yeah my focus yeah alley my focus is still on the stablecoin and therefore you know i'm focused on trying to add to my circle position at this point crcl really great retake of the 50 day line for those who are interested in that kind of thing and it's had a fantastic move since then i'm waiting for a new based form for that one and then i'll take one quick one before we go to Justin a follow up we briefly mentioned at the beginning of the show sandisk i do own this one picked up some shares last monday on that reversal coming down close to the 50 day added the following two days and i added a little bit this morning so this is a full position for me here and now over to Justin or the industry group spreadsheet take it away okay uh let's share this and uh as a reminder folks this can be found at investors.com slash ib d live faq and uh that's that's where it lives and i do have two versions the uh x uh x ls x version and also a backward compatible for those using a 97 to 2003 excel version um going through it uh again a lot of the same same names at the top here because we have seen some recent color changes especially in the oil and gas area you can see this kind of cluster of oil and gas uh names right here the oil and gas drilling the Canadian explorers and producers the royalty trust uh there's that uh texas land trust one and then field services um all up there you know international explorers and producers not too far behind a machinery equipment uh also um you know going up there and refining and integrated us explorers and producers transport pipeline basically hey your oil and gas guess what welcome to the top 50 um you can also just i'm going to note here that a lot of the ib d live ready list is certainly uh clustered in these top uh 50 groups you do get some uh stragglers down here especially and low and behold what what what happened here oh you know what i think i i think i uh stuck this in the wrong one um finance property reats uh getting a lot of names there because you know how Chris loves reats and he just can't help himself so it was a surprise there to see how many ib d live ready list and then you got Dell all the way down here but for the most part you've got your ib d live ready list uh kind of regulated to these top groups which is kind of what you want to see um another a few areas uh you know of interest you know the data storage so much strength there STX and WDC are the ones that are set up right now but um you could make an argument that sandisk i do have a position in sandisk myself and micron i do have a position in that myself uh that those are also uh looking looking very strong in terms of how they've held up and then the fiber optics we talked about corning which actually isn't in that group but i kind of put it in there because it has a lot of that fiber optics exposure and then look the semiconductor conductor equipment names uh you know have some decent amount in there so these are certainly areas to watch as well as oil and gas oil and gas might be a little bit tougher right now because of how how news dependent it will be uh as i mean that's that's the case with the the entire market right now but um yeah certainly certainly worth noting uh where that strength is in terms of uh one week percentage moves um you can see that for last week uh again it was a pretty a pretty poor close but the computer data storage and fiber optics energy coal uh solar so some of the other areas outside of oil getting a little bit of a boost last week um chemical zagra cultural uh you got a lot of the fertilizers in there um uh it was also interesting that oh you know what i meant to discuss this but chemicals basic was another one that came came to my mind um you know whether it's some of the helium and a lot of these other you know chemicals that are uh you know having shortages and so uh you're you're seeing some some big gains there and again very news related in that regard um but yeah uh the the numbers are pretty impressive for some of these best performing groups but quickly dwindle down um and the vast majority of uh groups were down last week uh leading on the downside you know you had the computer software financial retail specialty uh computer tech services and integrated services the transportation truck so uh still a lot of damage out there as you can see some pretty big drops uh for those uh for those groups uh last week um taking a look at the watch list changes uh week to week um some of the areas that got added oil oil and gas integrated uh computer software enterprise remember this was like the the stuff uh way back wine but computer software enterprise has been um you know not not doing great uh for a while here but that that added a couple names uh and then you know us explorers and producers the agricultural operations chemicals agriculture you know so those are some of the areas that got ads in terms of subtractions um we got uh some subtractions from the mining gold silver gems transportation truck medical products and then over to the growth 250 uh in terms of changes there uh we saw some some drops off for the aerospace defense area machinery general industrial medical products uh security uh safety um so uh some mining gold silver gems uh you know that last one uh but where the ads were uh biomed biotech coming back and utilities uh so XLU was uh holding up a little bit better last week uh there was a little bit more maybe flight to safety uh as opposed to the AI theme that we've been seeing but again as we saw with uh quantum services PWR there still is uh certainly that interest in the AI adjacent areas um and then of course Chris brought up fix so there is still that interest so where is the growth 250 in watch list gravitated towards still very heavy in the aerospace defense mining gold silver gems biomed biotech and that oil and gas transport pipeline um and uh some i conductor equipment uh rounding up the growth 250 look at that the property reads right there and then a number of us um i mean the oil and gas including the refiner is the us explorers and producers and integrated uh the kind of rounding out the top groups for the growth 250 and at the iBD live watch list uh you're seeing kind of similar action there aerospace defense mining gold silver gems you got the oil and gas integrated data storage uh of course you know we got that quartet that's doing so well in that space uh heavy construction power equipment um and look property reads uh making making it up there because again Chris loves him so much uh that's gonna wrap it up for this week again uh investors.com slash iBD live FAQ uh download it yourself play around with it and uh let me know if you have any questions you are on mute thank you payback uh final thoughts from everyone and i want a ticker from all of you of what's at the top of your ready list if we do get a follow through day today so i'm going to share and take a look at the market, Chris final thoughts starting with you uh well as far as you know stock um we've talked about it a couple times and that would be Dell um i'm also looking at Carmen krmn uh i was thinking that this base was deeper than the prior one but it turns out they're both uh 30 38 percent so uh so i don't like that at round trip that whole gain but uh that's one i'm looking at although it doesn't look like it's doing great right now the market has pulled off although um it's you know reversed higher off the it's intraday low basically came down to the the morning low hello if we go to the five-minute chart right there so came came near there and uh we'll see if it can hold this i mean it would not be great if this thing rolls over and and fills that gap but um now the the other piece is uh let's take a look the last time i yeah so Nasdaq volume is actually running lower right now let me just reload the page make sure that's still the case go to the clean version and and and take volume off yeah so uh and and then we'll also take a look at dollar volume i don't know we we get that at the end of the day but um the uh so at least right now even though we're up more than uh one percent we wouldn't have the volume behind it so which brings up a question that we get a lot is say volume is running higher than average we don't get the final final volume anyway until after the close so people always ask will do i by the day of or do i by the following day how do you in practice handle that because i feel like a lot of folks on the team if it's if it looks like a duck and quacks like a duck yeah yeah you know we're not waiting until tomorrow you know if if the volume is up 10 or 20 percent you don't worry about it when it's something like it is today that that's that's an issue um but the yeah um and again it's still an inside day i mean i i'd love to see how many inside days near the low um you know work well Justin can you figure that out? and i'm sorry i was working on my other project what what what i think i think that is but we're oh okay yeah yeah so i i i was doing one uh yeah the little tweak because we're going to look at um day four and after uh because as i was doing the first pass um you know a lot of times you'll your your low will be very close on you know day two day three but we really want to see day four when you could be getting a follow through day what what happened so i i'm kind of changing the logic on that so awesome i'll have that for you shortly great unfortunately just after we're done here that's fine um for a meeting Dave final thoughts from you you know alley the nasdaq is really representing strengthen tech every one of the eight mega cap eight uh stocks from abago to amazon de metta to microsoft they're all up it's interesting that the the barren's cover latest one microsoft is ready for a i battle uh and then today's i'd be weakly we we touched upon it this is all about the uh mega uh the memory stocks uh little shout out to the eighties you see there's this the cd rom right there uh posing as the disc uh and we're talking about the eighties is like oh this is the eighties redux of technology well the memory storage stocks are still doing well we we just to added snd k sandisk uh people congratulate you uh alley on your on your trade in that by the way and that is breaking out that's breaking out still and by range from the double bottom there um i've added a little bit to my own portfolio and plan to do that with sandis as well but del l l chris uh just mentioned that one that's uh also a new quarter position alongside sndisk uh for leaderboard and i also want to highlight just quickly uh for names and nuclear that's showing that's showing a little bit of divergence here we know this at okolo okolo continues to struggle after i had a you know a really strong short term move last year uh okolo's you know 52 relative strength you look at uh b w x t that one is uh a provider of equipment for nuclear power plants doing a little better you can see the that actually has real earnings and sales but even better is one that johnathan i just highlighted c w e n i i'm not sure if this is completely new nuclear but it is a power uh related uh name maybe it maybe it's um i i don't i'm sorry i don't know much about this company but i do respect the sales and uh the the possibility that earnings are going to come back strong as you can see in the 20 27 estimate this is a really strong stock i wouldn't be chasing this uh but i think there's a lot of opportunity uh for all of us to look into nuclear uh it amidst the Iran war and uh the necessity for a real wide range of energy sources finally uh just just keep an eye on how the stock market acts amidst this very important gtc conference regarding AI we still have gents and wangs keynote address coming up in about three hours i still maintain a positive outlook on Nvidia and still think it's one of the greatest stocks uh of our of our investing lifetime all right we'll definitely be keeping a close watch on news out of that event and like you said the impact on the market and of course the AI theme and the leaders there okay Justin wrap us up anything else to add um yeah so i think it's going to be just interesting to see how this this plays out again i'm gonna do that research and i'm gonna do a research on a few stocks so kava that we mentioned earlier um i was looking at that 8648 um as as an area to to be you know uh of interest it's past that um it got above that so that's that's interesting um you know sandis that you brought up i'm probably gonna be looking at adding uh adding to my position there um you know as it i like having the early entry and then using kind of a traditional entry as well as an as an ad point so i was waiting for a restriction period to end on that uh to to to add to my position um and then another one uh just in looking at things that were again holding up well in the top of their range spear uh also caught my eye uh this is one that um you know had a had a strong gap up on earnings and then you know it's gone kind of sideways and looks like it uh you know it came right back to the yeah came right back to the the top of uh that that gap up uh low and has really you know kind of held the gains nicely so uh see if this bounce has uh has anything to it and one more stock uh just because uh you know uh very news related but uh let's look at clear secure uh ticker symbol why OU this was another one where big move on its last earnings report uh really holding those gains nicely so again this is just uh one of those looks that i really like um yeah maybe news related again you know folks are saying hey you know get your get your clear free trial so you can maybe get through TSA a little bit uh easier for spring break 2026 um you know so uh we'll we'll see we we have a spring break trip coming up ourselves to Boston so uh we're we're we're looking uh looking at that ourselves uh my wife and i already have it but um we might need it for grandma and uh and and and my son as well yeah all right good stuff i'm cautiously optimistic here but we'll have to see how the day plays out we have seen um you know a lot of fading action so i don't want to just go all in out you know oh yeah but you know Monday gap up right Monday gap up uh so we have to be nimble here we we did undercut uh that 200 day on Friday just uh a little bit but i i i always prefer to lean bullish so i am ready to add a more exposure as warranted have a couple of things that are working i got rid of my qqq on Friday um but if someone asked me well why didn't you go with tqqq like you usually do this is exactly what happened on Friday it's exactly why i'm not ready to go guns uh guns ablazing just yet but cautiously optimistic webby hey i just wanted to add a couple things um because i'm not sure if i was clear before i was saying i was heavy i didn't go heavy entry day you know all the time and and and cut back i just didn't want people to think that they should go heavy we've been in a shop environment since october um and so if we get a follow through day you can just buy one a one percent position and still be in line with what bill would say to do and there were times when we were getting chopped up um internally regardless of what the market was doing where he would cap all the pms at a total invested uh amount of one percent so not one percent per position but total invested a one percent so don't feel like you have to go heavy if if you are seeing things set up that are that look right then you can trade those and you can trade them in a heavy way as long as you have a you know an exit strategy on there but i just didn't want to give people the wrong impression because i saw some comments in the in the q and a so just be careful and trade your trade your own way if that's heavy trade heavy if it's light trade light that's it great thanks everyone that is it from us today we're gonna get the episode up on investors.com slash ibd live shortly along with later today are ready list watch list and edited q and a be sure as always to keep tabs on investors.com throughout the trading day and beyond for all the latest stock market news and analysis and we'll be back at the close for our stock market today video and then the Tuesday crew as he covered looking forward to it we'll see you then everyone thanks so much by now