Overall market: Bullish phase
Short term market: Money leaving the market
TC2000 McClellan: Neutral 32
Stocks above 40PMA: 36%
Seasonality: Typically choppy until the end of Oct
1%+ sectors yesterday:
- $XLE 1.28%
1%- sectors yesterday:
- $XTL -2.34%
- $SMH -1.94%
- $TAN -1.84%
- $JETS -1.64%
- $IYT -1.38%
- $IBB -1.35%
- $HACK -1.03%
Main sectors monthly trailing:
- Leading – $IBB $XLV
- Lagging – $XLB $XLF
Sub sectors monthly trailing:
- Leading – $SMH $TAN
- Lagging – $JETS $KRE
Bitcoin: Still testing 200sma at 109k’ish
Are breakouts likely to work: No
Are breakdowns likely to work: Yes
Should I be trading: Not for my style
Stock goat 