What's Behind This Market Bounce? The Signals That Matter
The stock market kicked off the new year with a bounce, but is the strength as solid as it looks on the surface?
In this video, Mary Ellen McGonagle digs into the January rebound and takes a closer look at what's fueling the move. She breaks down recent price action in the S&P 500 and Nasdaq, paying special attention to key moving average levels, momentum trends, and the technical signals investors should be watching.
Mary Ellen also explores whether participation is improving enough to confirm the rally. Using breadth, RSI, MACD, and sector rotation analysis, she shows how to separate meaningful upside strength from short-term noise.
On the sector side, she highlights standout relative strength in areas like materials, industrials, financials, semiconductors, energy, and select consumer stocks while pointing out continued weakness in software and other parts of the broader technology space.
Mary Ellen explains which chart levels and signals matter most right now and how investors can stay selective as the new year begins.
This video was originally recorded on January 2, 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.
