New Relative Strength in These Stocks!
Stocks that have been under-performing for months are now starting to show new relative strength as they break out of long-term bases. Joe explains how to identify emerging relative strength, focusing on stocks transitioning from weak to strong with improving price action, rising volume, and expanding ADX. He highlights key setups across materials, energy, and other sectors, and walks through what to watch as these patterns develop. Joe also reviews overall market conditions using the SPY, including sentiment, volatility, and trend strength, and explains why short-term overbought conditions may lead to better entry opportunities on pullbacks.
The video was originally published on May 6, 2026.
Archived videos from Joe are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.
