Overall market: Bullish phase
Short term market: Money leaving the market
TC2000 McClellan: Neutral -51
Stocks above 40PMA: 31%
Seasonality: Typically choppy until the end of Oct, last day of the month
1%+ sectors yesterday:
- $XLY 2.87%
1%- sectors yesterday:
- $TAN -1.79%
- $XLB -1.34%
- $JETS -1.18%
Main sectors monthly trailing:
- Leading – $IBB $XLK
- Lagging – $XLF $XLP
Sub sectors monthly trailing:
- Leading – $SMH $TAN
- Lagging – $KRE $RTH
Bitcoin: At the 200sma at 110k’ish
Themes: AI, Nuclear, Crypto, Semis, Memory, Data centres, Quantum
Are breakouts likely to work: No
Are breakdowns likely to work: Extended stocks
Should I be trading: Not looking to add any exposure today based on choppy conditions and last day of the month going into the weekend
Stock goat 