S&P500 and NDX vs Energy and Metals 2023-03-29 - broad strengthening

Comparing two indexes to two industries, there is broad strengthening.

Downloadable reports

S&P500 vs. NDX vs. Energy vs. Metals

Summary perspective of these four market areas linked below.

S&P500 Strongest and Weakest Stocks Detail

This report shows the strongest and weakest scoring stocks in the S&P500. Why is this relevant? The strongest ones are the leaders. They are behind the strengthening in the index. The weakest ones are most "oversold" and are prone to large pops, though these are not positions to be overstayed. Do not marry a stock you should just date.

NDX

Led by the big techs and semis, has been strengthening already and it shows as this is objectively stronger than the S&P500. The following graphic shows the current strongest and weakest in the index.

The downloadable report shows stock-by-stock detail (all stocks in the index, not just the strongest and weakest).

Energy

Strengthened but is still weak overall.

Metals & Mining

Gold is the big story. Not surprising when you see headlines with $8,000 price predictions. Here's a detailed look only at gold, followed by the downloadable stock-by-stock report.