Brian Degracia

Metals & Mining 2023-11-07: UNCHANGED at WEAK strength rating (6th strongest of 9 levels), previous move was DOWN

Minimal activity of note in Metals & Mining, 44% of stocks are rated Weakest, Gold unchanged at Weak. Top market cap stocks: SCCO/Southern Copper Corp, FCX/Freeport-McMoran Inc, NUE/Nucor Corp, NEM/Newmont Corporation, GOLD/Barrick Gold Corp, FNV/Franco Nevada Corp, AEM/Agnico Eagle Mines Ltd, TECK/Teck

Materials & Construction 2023-11-07: UP +1 to AVERAGE strength rating (5th strongest of 9 levels), previous move was DOWN

Materials & Construction another good performer, 1 week 77% positive stocks & 29% >+10%, Homebuilders best at Stronger (3rd strongest of 9 levels). Top market cap stocks: WM/Waste Management Inc, RSG/Republic Services Inc, CARR/Carrier Global Corporation, WCN/Waste Connections Inc, DHI/D.R. Horton Inc, FAST/

Energy 2023-11-07: UNCHANGED at AVERAGE strength rating (5th strongest of 9 levels), previous move was DOWN

Energy not a good relative performer, 1 week only 28% positive stocks (29%/33% 4 weeks/3 months). Top market cap stocks: XOM/Exxon Mobil Corporation, CVX/Chevron Corp, TTE/TotalEnergies SE, COP/ConocoPhillips, BP/BP P.L.C., PBR/Petroleo Brasileiro S.A. Petrobras ADS, EQNR/Equinor ASA, SLB/

Utilities 2023-11-06: UNCHANGED at WEAKER strength rating (7th strongest of 9 levels), previous move was UP

Utilities some improvement but not as dramatic as other industries. 1 week 95% positive but low 5%/50% Strongest/Weakest stocks ratio. Top market cap stocks: NEE/NextEra Energy, SO/Southern Company The, DUK/Duke Energy Corp, SRE/Sempra Energy, EXC/Exelon Corporation, AEP/American Electric Power, D/Dominion Energy

Health Services 2023-11-06: UNCHANGED at WEAKER strength rating (7th strongest of 9 levels), previous move was DOWN

Some Health Services improvement, 1 week 24% stocks >10% & 85% positive, but 4%/46% Strongest/Weakest stocks. Top market cap stocks: UNH/UnitedHealth Group Inc., TMO/Thermo Fisher Scientific Inc, ABT/Abbott Laboratories, SYK/Stryker Corp, MDT/Medtronic PLC, ELV/Elevance Health Inc., ISRG/Intuitive Surgical Inc, CI/

Diversified Services 2023-11-06: UP +1 to AVERAGE strength rating (5th strongest of 9 levels), previous move was DOWN

Diversified Services industry strengthened, with 85% positive stocks for the week just ended. Largest market cap stocks: V/Visa Inc, MA/Mastercard Incorporated, FI/Fiserv Inc., MCO/Moody's Corporation, CTAS/Cintas Corp, PAYX/Paychex Inc, VRSK/Verisk Analytics Inc, GPN/Global Pmts Inc, URI/United Rentals Inc, FICO/

Real Estate 2023-11-03: UP +1 to WEAK strength rating (6th strongest of 9 levels), previous move was DOWN

Exceptional Real Estate Week, 95% stocks positive and 50% rose >10%. 7 of 8 sub-industries strengthened. Full details at downloadable file linked below. SMO Real Estate 2023-11-03 FinalSMO Real Estate 2023-11-03 Final.pdf2 MBdownload-circle What are you seeing here and why do you care? Partial listing: 🔹 An objective measurement

Banking 2023-11-03: UP +1 to WEAK strength rating (6th strongest of 9 levels), previous move was DOWN

Confirming massive Banking industry strengthening, 97% stocks positive with 46% stocks >10% this week, 9 of 9 sub-industries strengthened. Full details at downloadable file linked below. SMO Banking 2023-11-03 FinalSMO Banking 2023-11-03 Final.pdf2 MBdownload-circle What are you seeing here and why do you care? Partial listing: 🔹 An objective

SMO Exclusive: Current Market Status Report 2023-11-03 (+27% Strength Score, Zone 2) fingerprint vs 2020-03-24

Does the 11/03/2023 market have the same “fingerprint” as 3/24/2020 – the first day after the COVID-shutdown 3/23/2020 bottom? It objectively does. This does not guarantee a rally now similar to what happened then, but the objective observer acts based on what is and not

SMO Exclusive: Industry Strength Report 2023-11-03, Weighted Average +1.0 to 5.5 Strength Score (Average-Weak)

This 10-week Industry Strength Report provides market clarity and context - this report is for the week ending 2023-11-03: SMO 10 Week Industry Strength Report 2023-11-03 FinalSMO 10 Week Industry Strength Report 2023-11-03 Final.pdf4 MBdownload-circle Results: 🔹 Energy and Insurance = the two strongest industries, both rated Strong , both rated Strong

Computer Software & Services 2023-11-02: UNCHANGED at WEAK strength rating (6th strongest of 9 levels), previous move was DOWN

Software/Services showing 81% positive stocks this week (vs. 35%/28% 4 weeks/3 months), SHOP, SABR, AFRM, FROG, PLTR, PRFT, TWOU, FSLY, SWI, RIOT >=+15%. Full details at downloadable file linked below. SMO Software 2023-11-02 FinalSMO Software 2023-11-02 Final.pdf3 MBdownload-circle What are you seeing here and why

Electronics 2023-11-02: UP +1 to WEAK strength rating (6th strongest of 9 levels), previous move was DOWN

Electronics/Semis strengthened this week. TTMI, MPWR, AMSC, INTC, FARO, AMD >=+15%, 4 strengthening sub-industries, 1 week 74% positive stocks (vs. 16% 3 months). Full details at downloadable file linked below. SMO Electronics 2023-11-02 FinalSMO Electronics 2023-11-02 Final.pdf2 MBdownload-circle What are you seeing here and why do you

SMO Exclusive: Current Market Status Report 2023-11-02 +10% Strength Score Zone 1

Has recent market action been enough to change the market tenor? Yes, by my calculations. Downloadable updated 11/2/23 Market Status score and zone is below, including the 10/27/23 reading. SMO Current Market Status Report 2023-11-02 FinalSMO Current Market Status Report 2023-11-02 Final.pdf4 MBdownload-circle Current market

Transportation 2023-11-01: UNCHANGED at WEAK strength rating (6th strongest of 9 levels), previous move was DOWN

ARCB +28% 1 week, JBLU/SAVE having issues but SKYW sky-ing, how is the rest of Transportation? Major Airlines rated Weakest, 46% positive 1 week vs. 23% 3 months. Full details at downloadable file linked below. SMO Transportation 2023-11-01SMO Transportation 2023-11-01.pdf3 MBdownload-circle What are you seeing here and why

Automotive 2023-11-01: UNCHANGED at WEAKER strength rating (7th strongest of 9 levels), previous move was DOWN

TSLA weakness and auto workers strikes resolution, how are the stocks doing? Automotive making a mild stand, 65% Weakest stocks but 40% positive stocks 1 week vs. 11%/5% over 4 weeks/3 months. Full details at downloadable file linked below. SMO Automotive 2023-11-01 FinalSMO Automotive 2023-11-01 Final.pdf4 MBdownload-circle

Metals & Mining 2023-10-31: UNCHANGED at WEAK strength rating (6th strongest of 9 levels), previous move was DOWN

Metals - Gold unchanged at Weak strength rating. 43% of stocks are rated Weakest. AGI, KGC are Gold stocks rated Strongest. Full details at downloadable file linked below. SMO Metals Mining 2023-10-31 FinalSMO Metals Mining 2023-10-31 Final.pdf2 MBdownload-circle What are you seeing here and why do you care? Partial

Materials & Construction 2023-10-31: UNCHANGED at WEAK strength rating (6th strongest of 9 levels), previous move was DOWN

Some strengthening in Materials & Construction? Comparatively, yes - 57% positive stocks 1 week vs. 35%/17% 4 weeks/3 months, 3 strengthening (vs. 1 weakening) sub-industries. Full details in downloadable report linked below. SMO Materials Construction 2023-10-31 FinalSMO Materials Construction 2023-10-31 Final.pdf2 MBdownload-circle What are you seeing here

Energy 2023-10-31: DOWN -1 to AVERAGE strength rating (5th strongest of 9 levels), previous move was UP

Energy weakening too? Yes. 4 of 6 sub-industries weakened, 1 Week 29% positive stocks vs. 4 weeks/3 months 57%/60%. Full details at downloadable file linked below. SMO Energy 2023-10-31 FinalSMO Energy 2023-10-31 Final.pdf4 MBdownload-circle What are you seeing here and why do you care? Partial listing: 🔹 An

SMO Exclusive: Current Market Status Report 2023-10-27 -98% Strength Score Zone 6

Are you confused about the market? Here is additional 10/27/23 clarity to go with the Industry Strength Report. SMO Current Market Status Report 2023-10-27 FinalSMO Current Market Status Report 2023-10-27 Final.pdf3 MBdownload-circle Current market status 🔹 Strength Score: -98% (on a scale of -100% to 100%) 🔹 Zone: 6,

SMO Exclusive: Industry Strength Report 2023-10-27, Energy strongest at Average

This 10-week Industry Strength Report provides market clarity and context - this report is for the week ending 2023-10-27: SMO 10 Week Industry Strength Report 2023-10-27 FinalSMO 10 Week Industry Strength Report 2023-10-27 Final.pdf4 MBdownload-circle Results: 🔹 Energy = strongest industry but it weakened from Strong to Average 🔹 All other industries

Real Estate 2023-10-27: UNCHANGED at WEAKER strength rating (7th strongest of 9 levels), previous move was DOWN

REITs still having issues? Yes. 74% stocks rated Weakest and 18% positive stocks over last week better than 3 months (5%) but still not strong. Full details at downloadable file linked below. SMO Real Estate 2023-10-27 FinalSMO Real Estate 2023-10-27 Final.pdf3 MBdownload-circle What are you seeing here and why

Banking 2023-10-27: UNCHANGED at WEAKER strength rating (7th strongest of 9 levels), previous move was DOWN

Wait - strengthening in Banking? Perhaps unbelievable but yes. While 73% of stocks are rated Weakest, 5 of 8 sub-industries strengthened. 1 week/4 weeks/3 months positive stocks 43%/24%/2%. Full details at downloadable file linked below. SMO Banking 2023-10-27 FinalSMO Banking 2023-10-27 Final.pdf3 MBdownload-circle What are

Telecommunications 2023-10-26: DOWN -1 to WEAKER strength rating (7th strongest of 9 levels), previous move was UP

Is Ma Bell feeling it these days? If you mean weaker, yes. 56% stocks rated Weakest, 4 weeks 42% stocks down a minimum of -10%, only 18% positive stocks for the week just completed. Full details in the downloadable report linked below. SMO Telco 2023-10-26 FinalSMO Telco 2023-10-26 Final.pdf2

Internet 2023-10-26: UNCHANGED at WEAK strength rating (6th strongest of 9 levels), previous move was DOWN

Internet - yet another weak Tech industry? Yes. 0% Strongest stocks, though TZOO +32% 1 week. Full details at downloadable file linked below. SMO Internet 2023-10-26 FinalSMO Internet 2023-10-26 Final.pdf1 MBdownload-circle What are you seeing here and why do you care? Partial listing: 🔹 An objective measurement of industry strengthening

Computer Hardware 2023-10-26: DOWN -1 to WEAKER strength rating (7th strongest of 9 levels), previous move was also DOWN

Computer Hardware industry status? Like the others - bad. 5 of 6 sub-industries weakened, 50% stocks are rated Weakest. CMBM reminds that a -75% stock can do that again. Full details at downloadable file linked below. SMO Hardware 2023-10-26 FinalSMO Hardware 2023-10-26 Final.pdf4 MBdownload-circle What are you seeing here