Overall market: Bullish phase
Short term market: Money leaving the market
TC2000 McClellan: Neutral -37
Stocks above 40PMA: 54%
Seasonality: Weak, this week is typically one of the weakest weeks in the year
1%+ sectors Friday:
- $XLK – 1.01%
1%- sectors Friday:
- $XLE -1.33%
- $KRE -1.25%
Main sectors monthly trailing:
- Leading – $XLK $XLY
- Lagging – $XLP $XLU
Sub sectors monthly trailing:
- Leading – $TAN $SMH
- Lagging – $JETS $IYT
Are breakouts working: Mixed
Are breakdowns working: Mixed
Should I be trading: Trade according to plan taking only the best trades. Crypto getting hit so far today suggesting maybe moving risk off for this typically weak week.
Stock goat 