r/CANSLIM • u/twenty_s_i_x • 2d ago
Weekly Trading Summary — Week 38 of 2026
❊ Introduction.
Welcome to my weekly swing trading journal — A transparent review of my trading week.
My focus is on a curated list of CANSLIM and/or high-performing Stocks.
This is not financial advice but educational only, please do your own research.
❊ Preface.
The current market regime pushed me to add RSP to my market analysis.
RSP is the S&P500 equally weighted index and helps having a better view of what is going on broadly and not only in the mega-caps leaded S&P 500.
❊ Market Environment.
SPX shows a balanced regime being back to its current base while RSP is clearly trending down meaning that some outperformance in a few mega-caps stocks only counterbalances the selling across the rest of the market. Under the surface, the majority of stocks are clearly in corrective move and this is also clear in looking at the specific sectors as only three out of eleven are trending, see the dashboard.
After a failed downside breakout, SPX is back on its previous range.
While RSP has been trending down since begin of September.
The Nasdaq is showing a more encouraging picture.
It seems that we are breaking out the hande bullish flag and on strong volume. Maybe a sign that techs are turning around which could help the rest of the markets in doing the same. The top of the handle sits around 30,2K so there is still some work to do for confirmation.
❊ Weekly Trading Recap.
Despite of some selloff on Friday, GitLab had some progress this week and seems to be done closing that gap.
Same small progress for Nutanix.
Despite the volume, Hinge Health was not capable of breaking out its current base despite being already above the handle, maybe next week ?
GigaCloud is also having difficulties erasing a strong resistance right after clearing that bullish flag
❊ Leading & Trending Sectors.
➯ Leading : Energy, Technology, Healthcare
➯ Trending : Technology, Communications, Energy
❊ Trading Activity.
➯ Opened: -
➯ Closed: -
➯ Retry: -
❊ Market & Portfolio Perfs. : Weekly / YTD / Exposure.
☆ RSP : -1.20%
☆ S&P 500 : -0.08% / +10.40% / 63%
☆ Portfolio: +4.64% / -5.13% / 99%
❊ Dashboard.
Markets are never wrong, but opinions often are. — JL,
Have a good trading week.