Overall market: Bullish phase
Short term market: Money leaving the market
TC2000 McClellan: Neutral -27
Stocks above 40PMA: 47% (-1%)
Seasonality: Typically choppy until end of Oct
1%+ sectors yesterday:
- None
1%- sectors yesterday:
- $JETS -1.60%
Main sectors monthly trailing:
- Leading – $XLK $IBB ($IBB replaces $XLY)
- 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: Short 1 – 2 days may work
Should I be trading: Top EP9’s only
Stock goat 