The Only Thing Working in This Market Right Now
The Fed hiked. The 10-year sits at 5%. Brent is over $100. Biotech, semis and software should all be down on that, and all three closed the week higher. But what is actually holding them up?
In this week's The MEM Edge, Mary Ellen walks through the Nasdaq 100 Bullish Percent Index at 32.6 and the three prior visits to 30 and ranks all 11 sectors by relative strength. From there, she drills into the groups that are working: software on the back of cybersecurity demand, semiconductors turning up, biotech and genomics, and the ARK funds making new highs. Mary Ellen finishes with two names in groups that are broadly broken, and why both of them are going up anyway.
This episode originally premiered on September 18, 2026. New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.
If you're looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.
