Overall market: Bullish phase
Short term market: Money entering the market
TC2000 McClellan: Neutral -19
Stocks above 40PMA: 30%
Seasonality: Typically choppy until the end of Oct
1%+ sectors Friday:
- $XLP 1.33%
- $KRE 1.60%
1%- sectors Friday:
- $TAN -3.06%
- $XTL -1.25%
Main sectors monthly trailing:
- Leading – $IBB $XLU
- Lagging – $XLE $XLF
Sub sectors monthly trailing:
- Leading – $SMH $TAN
- Lagging – $JETS $KRE
Bitcoin: Bouncing back above 200 sma at $111,300
Are breakouts likely to work: Strong catalysts
Are breakdowns likely to work: Maybe
Should I be trading: Stocks trying to recover after regional banks $KRE expecting choppy action for a few weeks
Stock goat 