2026

Overall market trend: Neutral

Yesterdays market: Very high selling pressure

TC2000 McClellan: Neutral -16

Stocks above 40PMA: 54%

Seasonality: Feb typically weakest of the 1st 3 months

Indices:

$QQQ: Downtrend

$SQQQ: Uptrend

$IWM: No trend

$SPY: No trend

$DIA: No trend

1%+ sectors yesterday:

$XLU +1.48%
$TLT +1.33%
$XLP +0.92%

1%- sectors yesterday:

$XLK -2.63%
$TAN -2.60%
$IYT -2.60%
$SMH -2.09%
$XLF -1.99%
$XLE -1.82%
$JETS -1.81%
$HACK -1.56%
$KRE -1.55%
$XLB -1.47%
$XLY -1.38%
$XTL -1.27%
$XLI -1.20%
$IBB -1.19%

Main sectors monthly trailing:

Leading – $XLE $XLP
Lagging – $XLF $XLY

Sub sectors monthly trailing:

Leading – $KRE $TAN
Lagging – $HACK $SPY

Bitcoin: Under the 200sma at 67k ish

Themes: Solar, Energy, Materials, Transports, Staples, Industrials

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading: No, chopfest let market setup

SA 12/02/2026

Overall market trend: Bullish phase

Yesterdays market: High selling pressure

TC2000 McClellan: Neutral 36

Stocks above 40PMA: 58%

Seasonality: Feb typically weakest of the 1st 3 months

1%+ sectors yesterday:

$XLE +2.61%
$SMH +2.48%
$XLP +1.43%
$XLB +1.34%
$HACK +1.04%

1%- sectors yesterday:

$JETS -3.27%
$XLF -1.51%
$KRE -1.14%

Main sectors monthly trailing:

Leading – $XLE $XLP
Lagging – $XLF $XLY

Sub sectors monthly trailing:

Leading – $SMH $TAN
Lagging – $HACK $SPY

Bitcoin: Under the 200sma at 67k ish

Themes: Solar, Energy, Materials, Transports, Staples, Industrials

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading: No chopfest let market setup

SA 11/02/2026

Overall market trend: Bullish phase

Yesterdays market: Normal buying selling pressure

TC2000 McClellan: Neutral 48

Stocks above 40PMA: 62%

Seasonality: Feb typically weakest of the 1st 3 months

1%+ sectors yesterday:

$XLU +1.66%
$XLB +1.40%
$TLT +1.15%
$HACK +1.04%

1%- sectors yesterday:

$IBB -1.32%
$KRE -1.06%

Main sectors monthly trailing:

Leading – $XLE $XLB
Lagging – $XLF $XLY

Sub sectors monthly trailing:

Leading – $SMH $TAN
Lagging – $HACK $SPY

Bitcoin: Under the 200sma at 67k ish

Themes: Solar, Energy, Materials, Transports, Staples, Industrials

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading: No chopfest let market setup

SA 10/02/2026

Overall market trend: Bullish phase

Yesterdays market: Normal buying selling pressure

TC2000 McClellan: Neutral 40

Stocks above 40PMA: 60%

Seasonality: Feb typically weakest of the 1st 3 months

1%+ sectors yesterday:

$XTL +3.04%
$HACK +1.91%
$TAN +1.70%
$XLK +1.57%
$XLB +1.30%
$SMH +1.24%

1%- sectors yesterday:

None

Main sectors monthly trailing:

Leading – $XLE $XLP
Lagging – $XLF $XLY

Sub sectors monthly trailing:

Leading – $KRE $TAN
Lagging – $HACK $TLT

Bitcoin: Under the 200sma at 69k ish

Themes: Solar, Energy, Materials, Transports, Staples, Industrials

Are breakouts likely to work: Probably with potentially less follow through

Are breakdowns likely to work: 2 day bounce so far need to be aware of pull back or follow through

Should I be trading: EP’s, DEP’s, SoS

SA 09/02/2026

Overall market trend: Bullish phase (day 1)

Yesterdays market: Very high buying pressure

TC2000 McClellan: Neutral 44

Stocks above 40PMA: 60%

Seasonality: Feb typically weakest of the 1st 3 months

1%+ sectors Friday:

$XTL +5.96%
$JETS +5.73%
$SMH +5.40%
$TAN +3.42%
$HACK +3.31%
$IBB +2.91%
$XLI +2.86%
$IYT +2.01%
$XLB +2.00%
$XLE +1.99%
$XLV +1.85%
$KRE +1.84%
$XLF +1.82%

1%- sectors Friday:

None

Main sectors monthly trailing:

Leading – $XLE $XLP
Lagging – $XLF $XLK

Sub sectors monthly trailing:

Leading – $KRE $TAN
Lagging – $HACK $SPY

Bitcoin: Under the 200sma at 70k ish

Themes: Solar, Energy, Materials, Transports, Staples, Industrials

Are breakouts likely to work: Probably with potentially less follow through

Are breakdowns likely to work: Sharp bounce on Friday so elevated risk

Should I be trading: EP’s, DEP’s, SoS

SA 06/02/2026

Overall market trend: Bearish phase (day 1)

Yesterdays market: Very high selling pressure

TC2000 McClellan: Neutral -15

Stocks above 40PMA: 53%

Seasonality: Feb typically weakest of the 1st 3 months

1%+ sectors yesterday:

$TLT +1.09

1%- sectors yesterday:

$TAN -3.91%
$XLB -2.68%
$IBB -2.30%
$HACK -2.12%
$XTL -2.18%
$XLY -2.16%
$XLK -1.80%
$XLF -1.24%
$XLE -1.17%
$JETS -1.14%

Main sectors monthly trailing:

Leading – $XLE $XLP
Lagging – $XLF $XLK

Sub sectors monthly trailing:

Leading – $KRE $TAN
Lagging – $HACK $SPY

Bitcoin: Under the 200sma at 65k ish

Themes: Technology, Solar, Energy, Materials

Are breakouts likely to work: No

Are breakdowns likely to work: Yes but expecting sharp bounce soon

Should I be trading: Not a good environment will just manage current positions

SA 05/02/2026

Overall market trend: Bullish phase

Yesterdays market: Very high selling pressure

TC2000 McClellan: Neutral 24

Stocks above 40PMA: 58%

Seasonality: Feb typically weakest of the 1st 3 months

1%+ sectors yesterday:

$TAN +4.52%
$XLB +2.35%
$XLE +2.25%
$JETS +1.57%
$KRE +1.56%
$IYT +1.52%
$XLP +1.30%
$XLV +1.25%

1%- sectors yesterday:

$SMH -3.94%
$XTL -3.26%
$XLK -2.79%
$XLK -2.19%

Main sectors monthly trailing:

Leading – $XLE $XLB
Lagging – $XLF $XLK

Sub sectors monthly trailing:

Leading – $KRE $TAN
Lagging – $HACK $TLT

Bitcoin: Under the 200sma at 71k ish

Themes: Crypto, Metals, Cloud, Biotech, Technology, Solar, Energy, Materials

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading: Not a good environment will just manage current positions unless exceptional opportunity presents

SA 04/02/2026

Overall market: Bullish phase

Yesterdays market: Very high selling pressure

TC2000 McClellan: Neutral -1

Stocks above 40PMA: 56%

Seasonality: Feb typically weakest of the 1st 3 months

1%+ sectors yesterday:

$TAN +3.54%
$XLE +3.24%
$XLB +2.11%
$KRE +1.71%
$XLP +1.62%
$XTL +1.52%
$JETS +1.45%
$XLU +1.45%
$IYT +1.17%

1%- sectors yesterday:

$HACK -3.25%
$SMH -2.52%
$XLK -2.19%
$XLV -1.02%

Main sectors monthly trailing:

Leading – $XLE $XLB
Lagging – $XLF $XLK

Sub sectors monthly trailing:

Leading – $SMH $TAN
Lagging – $HACK $TLT

Bitcoin: Under the 200sma at 76k ish

Themes: Crypto, Metals, Semis, Cloud, Biotech, Technology, Solar, Energy, Materials

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading: Not a good environment will just manage current positions unless exceptional opportunity presents

SA 03/02/2026

Overall market: Bullish phase

Yesterdays market: Neutral

TC2000 McClellan: Neutral -13

Stocks above 40PMA: 55%

Seasonality: Feb typically weakest of the 1st 3 months

1%+ sectors yesterday:

$JETS +3.51%
$IYT +2.95%
$KRE +1.79%
$RTH +1.77%
$XLI +1.26%
$XLP +1.19%
$SMH +1.12%
$XLF +1.10%
$XTL +1.09%

1%- sectors yesterday:

$XLE -1.96%
$XLU -1.46%

Main sectors monthly trailing:

Leading – $XLE $XLB
Lagging – $XLF $XLU

Sub sectors monthly trailing:

Leading – $SMH $TAN
Lagging – $HACK $TLT

Bitcoin: Under the 200sma at 79k ish

Themes: Crypto, Metals, Semis, Cloud, Biotech, Technology, Solar, Energy, Materials

Are breakouts likely to work: Shorter durations

Are breakdowns likely to work: Yes

Should I be trading: Yes EP9, EPs, SoS, earnings season major tech reporting over the next week

SA 02/02/2026

Overall market: Bullish phase

Yesterdays market: High selling pressure

TC2000 McClellan: Neutral -31

Stocks above 40PMA: 55%

Seasonality: Feb typically weakest of the 1st 3 months

1%+ sectors Friday:

None

1%- sectors Friday:

$XLE -2.06%
$JETS -1.65%
$SMH -1.62%
$XLB -1.46%
$XLK -1.36%
$XTL -1.01%

Main sectors monthly trailing:

Leading – $XLE $XLB
Lagging – $XLF $XLK

Sub sectors monthly trailing:

Leading – $SMH $TAN
Lagging – $HACK $TLT

Bitcoin: Under the 200sma at 77k ish

Themes: Crypto, Metals, Semis, Cloud, Biotech, Technology, Solar, Energy, Materials

Are breakouts likely to work: Shorter durations

Are breakdowns likely to work: Yes

Should I be trading: Yes EP9, EPs, SoS, earnings season major tech reporting over the next week