Identifying Market & Sector Strength Using MACD Expansion


Learn to spot S&P 500 strength, top relative sectors, and use MACD momentum expansion scans to find stronger stocks. Educational, not investment advice.

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What stands out

Michael Fairbourn used a live Schwab coaching webcast to show how a moving average convergence divergence (MACD) expansion scan can flag sector and stock strength inside a rally. He walked through recent S&P 500 breadth, highlighted the strongest relative sectors, and demonstrated how MACD momentum expansion can pull individual names from a crowded list. With Federal Reserve and inflation headlines filling traders' feeds, having a simple, repeatable momentum filter helps separate true strength from headline-driven bounce attempts.