Overall market: Bullish phase
Short term market: Money coming in
TC2000 McClellan: Neutral -22
Stocks above 40PMA: 57% (-1%)
Seasonality: Weak, September typically weakest of the year, especially 2nd half
1%+ sectors yesterday:
- $XTL 1.87%
- $TAN 1.36%
1%- sectors yesterday:
- $XLP -1.15%
Main sectors monthly trailing:
- Leading – $XLY $XLE
- Lagging – $XLP $XLU
Sub sectors monthly trailing:
- Leading – $TAN $JETS
- Lagging – $RTH $TLT
Are breakouts working: Mixed
Are breakdowns working: Mixed
Should I be trading: Fed day tomorrow market likely quiet until the outcome of the meeting. Expected 0.25% interest cut, already priced in so the commentary will probably drive the markets eg. expecting X amount of rate cuts for the rest of 2025.
Stock goat 