The Market is Up, But the Warning Signs Are Adding Up!
Tom recaps the first week of 2026, with stocks moving higher across most major indices. While the market’s upward momentum appears healthy on the surface, Tom explains why several warning signs are beginning to add up, including weakening leadership, underperformance in large-cap growth, and intermarket relationships that are failing to confirm the rally. He walks through key sustainability ratios and relative strength signals across the Dow, S&P 500, Nasdaq 100, and Russell 2000, explaining why these divergences matter at this stage of the cycle. Tom also highlights areas showing rotation-driven strength and outlines technical signals that traders should monitor as the market enters a critical early-2026 window.
This video originally premiered on January 8, 2026. Watch it on Tom's StockCharts TV page here.
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