Overall market: Bullish phase
Short term market: Money coming in to the market
TC2000 McClellan: Neutral -34
Stocks above 40PMA: 54% (+1%)
Seasonality: Weak, this week is typically one of the weakest weeks in the year.
1%+ sectors yesterday:
- None
1%- sectors yesterday:
- $TAN -3.46%
- $HACK -1.04%
Main sectors monthly trailing:
- Leading – $XLK $XLY (no change)
- Lagging – $XLP $XLB ($XLU replaced by $XLB)
Sub sectors monthly trailing:
- Leading – $SMH $HACK (no change)
- Lagging – $JETS $IYT $ ($RTH replaced by $JETS)
Are breakouts likely to work: Mixed
Are breakdowns likely to work: Mixed
Should I be trading: I would only take outstanding setups this week based on seasonality
Stock goat 