Monday, November 24, 2025

Leaderboard update | Goog, AVGO

 Updated 11/24/2025 01:10 PM ET

Globus Medical (NYSE:GMED), an IBD Sector Leader, joined the Leaders list Monday, along with TTM Technologies (NASDAQ:TTMI).

But BeOne Medicines (NASDAQ:ONC) was cut loose after the biotech fell sharply to its 50-day moving average  and triggered a sell signal by falling more than 7% from our entry. 

Globus joined as a half position as it cleared a cup-with-handle base with an 87.16 buy point. The company is known for its innovative spinal procedures as well joint reconstruction therapies. More than half of the names on the nine-member Leaders list now hail from the health care sector.

TTM Technologies, which is in a new growth phase as contract manufacturer of AI hardware for data centers also joined as as a half position as finds support at its 10-week moving average for the first time after a breakout from a seven-week consoldidation.

Meanwhile, Alphabet (NASDAQ:GOOGL) and Kinross Gold (NYSE:KGC) were up 5% to 6% just after 1 p.m. ET.

The Nasdaq composite led the way, up 2.6%, while the S&P 500 added 1.6%. The Russell 2000 added 1.8% and the Dow Jones lagged with a gain of 0.7%.

Google's new Gemini 3 AI model continues to be well received after its launch last week. 

In an X post Sunday, Salesforce CEO Mark Benioff said: "I've used ChatGPT every day for three years. Just spent two hours on Gemini 3. I'm not going back." Benioff called Gemini 3 an "insane" leap forward in reasoning, speed and multi-modal capabilities.

Kinross rallied off its 50-day line after undercutting the support level Friday. We'll consider increasing the position if KGC can take out its recent high of 26.47 with conviction.

Elsewhere, the SPDR S&P Biotech ETF (ARCA:XBI) rallied 2% to another 52-week high.

Idexx Labs (NASDAQ:IDXX) jumped nearly 4% to an all-time high after joining the Leader list last week when it moved above its 21-day line and reclaimed a prior 688.12 buy point.

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Snowflake (NYSE:SNOW) exited the Leaders list Friday after the stock flashed a sell signal with a sharp break of the 50-day line.

There were a number of adjustments to the portfolio during Thursday's sell-off. Broadcom (NASDAQ:AVGO) reversed sharply lower after joining the Leaders list earlier in the day. The weakness justified an exit of the half-size position.

Agnico Eagle Mines (NYSE:AEM) also broke expectations. A recent add on a rebound above its 50-day moving average, Agnico slid beneath the same technical level in bearish fashion. This justified cutting losses. The half position got the boot during the final half hour of Thursday's session.

Earlier in the day, Micron Technology (NASDAQ:MU) failed to find the same support near or at the 21-day exponential moving average as it did on Wednesday. The remaining quarter position also exited the model stock portfolio, sealing a gain from the 134.24 entry. Micron, which fell more than 19% during a four-session sell-off, gained 3% Friday and closed above two levels: the 50-day line and the 200 century-mark price level.

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