Comments include: ALB, AU, BBY, CCL, CVS, DG, EQT, EXPE, JPM, MSFT, NEM, ORLY, PG, ROST, TGT, VLO, WELL, WHD, WMB, WPM,
| ALB Albemarle Corp ($94.89) - Chemicals - ALB gave an initial buy signal Wednesday when it broke a double top at $94. The outlook for the stock remains negative, however, as ALB is a 0 for 5'er that ranks near the bottom of the chemicals sector matrix. From here, the next level of overhead resistance sits at $99. Meanwhile, support can be found at $90. |
| AU AngloGold Ashanti Limited (South Africa) ADR ($88.51) - Precious Metals - After giving five consecutive sell signals, NTR returned to a buy signal Wednesday when it completed a bearish signal reversal at $88. The technical picture for AU remains negative, however, as it is a 2 for 5'er. From here, the first level of support sits at $79. |
| BBY Best Buy Co., Inc. ($101.03) - Retailing - BBY reversed back into Xs and broke a double top at $98 as shares rallied to $100, matching recent rally highs. The stock improved to a 5 for 5'er in late October after seeing the market RS chart return to a buy signal. Okay to consider here on the breakout. Initial support lies in the $93 to $94 range, while additional can be foudn at $91. |
| CCL Carnival Corp Ltd ($31.18) - Leisure - CCL broke a triple top at $31 to return to a buy signal and penetrate the bearish resistance line. Following the market and peer RS charts reversing back into Xs within the past week, the trend reversal will increase CCL up to a 4 for 5'er in attribtue rating. Okay to consider on a pullback to the upper $20s. Support lies at $22. |
| CVS CVS Health Corp. ($80.76) - Retailing - CVS broke a double bottom at $87 to return to a sell signal as shares fell to $78, marking their lowest level since April. The move penetrates the bullish support line, which will drop the stock down to a 2 for 5'er after seeing the peer RS reverse into Os earlier this week. Look for a bounce from oversold territory as a possible exit point. From here, the March chart low sits at $70. |
| DG Dollar General Corp. ($141.01) - Retailing - DG broke a double top at $138 to complete a bullish triangle and count for a second buy signal since moving back into a positive trend in mid Ocotber. The stock increased to a 5 for 5'er after seeing the market and peer RS charts reverse back into Xs during the latter stages of the month, and DG now ranks within the top half of the Retailing sector matrix. Okay to consider here on the breakout or on a pullback to $130. Intiial support lies at $126, whiel additoinal can be found in the $114 to $118 range. |
| EQT EQT Corporation ($52.52) - Oil - After unsuccessfully testing its bearish resistance line, EQT fell to a sell signal Wednesday when it broke a double bottom at $52. The move adds to already negative technical outlook as EQT is a 1 for 5'er and ranks near the bottom of the oil service sector matrix. From here, the next level of support sits at $49. |
| EXPE Expedia Group Inc. ($320.64) - Leisure - EXPE broke a quadruple top at $304 to return to a buy signal as shares rallied to $324. The breakout penetrates the bearish resistance line, which will flip the trend back to positive and increase the stock up to a 4 for 5'er. Okay to consider here on the breakout or on a pullback toward the middle of the 10-week trading band at $288. Initial support lies $284 and $276, while additional can be found in the $250 range. |
| JPM J.P. Morgan Chase & Co. ($351.26) - Banks - JPM shares moved higher today to break a triple top at $348 to mark its first buy signal. This 4 for 5'er has been in a positive trend since November 2023 and on an RS buy signal versus the market since March 2024. JPM shares are actionable at current levels and trade near the middle of their ten-week trading band. From here, support is offered at $332 and $328. |
| MSFT Microsoft Corporation ($558.58) - Software - Shares of MSFT broke higher on Wednesday, setting new all-time highs while completing a bullish catapult at $552. The 4 for 5'er continues to be a market leader, trading well above its positive trend. That said, the stock is nearing overbought territory, so investors could wait for pullback or consolidation before adding new positions. |
| NEM Newmont Corp ($117.97) - Precious Metals - NEM returned to a buy signal and a positive trend Wednesday when it broke a double top at $116. The positive trend change will promote the stock to an acceptable 3 for 5'er. From here, overhead resistance sits at $120 while support can be found at $106. |
| ORLY O'Reilly Automotive, Inc. ($91.93) - Autos and Parts - ORLY broke a double top at $93 for a second buy signal. The stock improved to a 4 for 5'er after seeing the trend flip back to positive and the peer RS chart reverse back into Xs in mid-October. Okay to consider here on the breakout. Note resistance at $94. Initial support lies in the upper $80s, while additoinal can be found at $83. |
| PG The Procter & Gamble Company ($167.40) - Household Goods - Shares of PG pushed higher, breaking a double top at $168 for a second consecutive buy signal. That said, the 2 for 5'er continues to lack relative strength, keeping it in sell territory. Additionally, the stock is back in overbought territory, so the name could cool off in the near-term as well. Avoid for the time being until it shows sustained improvement. |
| ROST Ross Stores, Inc. ($246.55) - Retailing - ROST broke a double top at $244 for a second buy signal as shares rallied to $248. ROST has been a 5 for 5'er since November 2025 and is actionable here on the breakout or on a pullback to the $230 range. Initial support can be found in the $224 to $228 range, while additional resides at $208. |
| TGT Target Corporation ($162.86) - Retailing - TGT broke a triple top at $160 to return to a buy signal as shares rallied to $162. TGT has been a 3 for 5'er since February of this year and currently ranks within the top quartile of the Retailing sector matrix. Okay to consider here on the breakout or on a pullback to the mid-$150s. Note the August rally high at $170. Initial support lies at $146, the bullish support line. |
| VLO Valero Energy Corp ($360.41) - Oil Service - VLO was down 7% on Wednesday and gave a second consecutive sell signal when it broke a spread triple bottom at $376. The stock continued lower to $348, taking out two additional levels of support in the process. The technical picture for VLO remains positive despite Wednesday's move as the stock is a 5 for 5'er and ranks in the top decile of the oil service sector matrix. From here, the next level of support sits at $336 while VLO's bullish support line currently sits at $328. |
| WELL Welltower Inc. ($247.87) - Real Estate - WELL shares moved higher today to break a triple top at $244 to mark its first buy signal. This 5 for 5'er has been in a positive trend since February 2024 and on an RS buy signal versus the market since April 2022. WELL shares are actionable at current levels with support below at $220. |
| WHD Cactus, Inc. Class A ($58.04) - Oil Service - WHD fell to a sell signal and a negative trend Wednesday when it broke a double bottom at $59. The negative trend change will drop WHD to a still acceptable 3 for 5'er. From here, the next level of support on WHD's chart sits at $52. |
| WMB Williams Companies Inc. ($66.65) - Oil Service - WMB fell to a sell signal and a negative trend Wednesday when it broke a triple bottom at $68 and continued lower to $67, taking out an additional level of support on its default chart. The negative trend change will drop WMB to a 3 for 5'er. From here WMB shows now additional support until $59 a level it last saw in December of last year. |
| WPM Wheaton Precious Metals Corp ($130.88) - Precious Metals - After giving four consecutive sell signals WPM returned to a buy signal on Wednesday with a bearish signal reversal at $128. Wednesday's move adds to a modestly positive technical picture as WPM is a 3 for 5'er and ranks in the top quartile of the precious metals sector matrix. |
