These Warning Signs Keep Growing — But Tom Isn’t Bearish

The market continues pushing to new highs even as negative divergences begin appearing across the S&P 500, XLK, and the semiconductor ETF (SOXX). Tom explains why those warning signs have his attention—but aren’t enough to turn him bearish. He also breaks down why improving growth vs. value ratios, stronger risk-on signals, and continued leadership from aggressive areas of the market still support the broader bull market.

This video originally premiered on May 29, 2026. Watch it on Tom's StockCharts TV page here.

Missed a session? Archived videos from Tom are available at this link.

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