Catching up after a weeks holiday.
Overall market: Bullish phase
Short term market: Money coming in
TC2000 McClellan: Neutral -23
Stocks above 40PMA: 58%
Seasonality: Weak, September typically weakest of the year, especially 2nd half.
However its been strong so far. See how we go now entering the 2nd half.
1%+ sectors Fridays close:
- None
1%- sectors Fridays close:
- $IBB -1.96%
- $XTL -1.82%
- $XLV -1.15%
- $XLB -1%
Leading sectors month trailing:
- Main – $XLY $XLE
- Sub – $TAN $KRE
Lagging sectors month trailing:
- Main – $XLU $XLI
- Sub – $IYT $SMH
Are breakouts working: Mixed
Are breakdowns working: Mixed
Should I be trading: Selective trades with strong catalyst & volume.
Stock goat 