Is Chasing This Market a Mistake?

The market has entered a period of consolidation, which is when many investors make costly mistakes. Rather than viewing the recent market weakness as a reason to panic, Tom explains why consolidation is a normal part of a healthy uptrend and why money is rotating away from growth leadership. He discusses the seasonal backdrop, what the recent action in semiconductors and technology may be signaling, and how he’s approaching opportunities during this environment. Tom also reviews several large-cap charts, highlights key support and resistance levels, and shares what he’s watching as earnings season accelerates with Alphabet, Tesla, and other major companies.

This video originally premiered on July 22, 2026. Watch it on Tom's StockCharts TV page here.

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