Daily Power Snapshots

March 14, 2024

Let's Start Here

Daily Power Snapshots are a new morning review of the sector and subsector data spreadsheets that we post from time to time. This will be part of the elite memberships and will hit your inbox early for your daily preparation. These quickly show where each segment stands on the long, intermediate and short-term views from breadth and momentum perspectives.

Improvement around the sheet, just not in Information Technology, Communication Services or Healthcare. Leaders are taking a well deserved break.

This remains in a strong positive reading from an RSI perspective.

Technology stands out here with the most pink, but still creeping in a few other spots around the page. There is more green too though, so not a big worry.

Pressure Gauges are still sporadic with strong selling in Semiconductors again and buying in Precious Metals. Not much else really pushing this week so far. 

This space continues to get more green. Energy and Materials standing out. But it’s also worth noting the buying in Consumer Discretionary after a few days of selling pressure there. 

New lows remain in check here overall.

A quick review should help you find where money is flowing and get to your fishing lanes for the day a little faster. To dive deeper into any particular space, just go back up top to the menu you can get to any sector or subsector from there!

This information is for educational purposes only and is not a recommendation.  Please see the full disclosure in the footer.

As always, I hope this helps!