Overall market: Bullish phase
Short term market: Money entering the market
TC2000 McClellan: Neutral -38
Stocks above 40PMA: 48% (-3%)
Seasonality: Typically fairly weak until the end of October
1%+ sectors yesterday:
- $IBB 1.03%
1%- sectors yesterday:
- $XLE -1.84%
Main sectors monthly trailing:
- Leading – $XLK $XLY ($XLY replaces $XLE)
- Lagging – $XLB $XLP (no change)
Sub sectors monthly trailing:
- Leading – $SMH $TAN (no change)
- Lagging – $JETS $KRE (no change)
Are breakouts likely to work: EP9 will be focus
Are breakdowns likely to work: Quick scalps nothing longer term
Should I be trading: Top EP9’s only
Stock goat 