Overall market: Bullish phase
Short term market: Neutral
TC2000 McClellan: Neutral -38
Stocks above 40PMA: 54% (-1%)
Seasonality: Weak, September typically weakest of the year, especially 2nd half, next week is typically one of the weakest weeks in the year
1%+ sectors yesterday:
- $KRE – 1.19%
1%- sectors yesterday:
- $IYT -1.34%
Main sectors monthly trailing:
- Leading – $XLY $XLE (no change)
- Lagging – $XLP $XLU (no change)
Sub sectors monthly trailing:
- Leading – $TAN $KRE ($TLT replaced by $KRE)
- Lagging – $IYT $JETS
Are breakouts working: Mixed
Are breakdowns working: Mixed
Should I be trading: FOMC cut rates by the expected 0.25% no fireworks as priced in. Trade according to plan.
Stock goat 