SA 03/11/2025

Overall market: Bullish phase

Short term market: Money entering the market

TC2000 McClellan: Neutral -31

Stocks above 40PMA: 32%

Seasonality: Strongest 6 months starts now

1%+ sectors Friday:

  • $TAN 2.91%
  • $XLY 2.64%
  • $HACK 1.75%
  • $JETS 1.61%
  • $RTH 1.49%
  • $IBB 1.32%
  • $IYT 1.20%
  • $XTL 1.08%

1%- sectors Friday:

  • $TAN -1.79%
  • $XLB -1.34%
  • $JETS -1.18%

Main sectors monthly trailing:

  • Leading – $IBB $XLK
  • Lagging – $XLB $XLP

Sub sectors monthly trailing:

  • Leading – $SMH $TAN
  • Lagging – $KRE $JETS

Bitcoin: Under the 200sma at 107k’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: Choppy conditions expected for remainder of earnings season so will be highly selective

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