Overall market: Bullish phase
Short term market: Money leaving the market (starting to cluster)
TC2000 McClellan: Neutral -36
Stocks above 40PMA: 31%
Seasonality: Strongest 6 months typically starts now
1%+ sectors yesterday:
- None
1%- sectors yesterday:
- $XTL -1.76%
- $IBB -1.20%
Main sectors monthly trailing:
- Leading – $IBB $XLK
- Lagging – $XLB $XLP
Sub sectors monthly trailing:
- Leading – $SMH $TAN
- Lagging – $KRE $HACK
Bitcoin: Under the 200sma at 104k’ish
Themes: AI, Nuclear, Crypto, Semis, Memory, Data centres, Quantum
Are breakouts likely to work: No
Are breakdowns likely to work: Yes
Should I be trading: Choppy conditions expected for remainder of earnings season so will be highly selective if taking any new longs.
Stock goat 