Overall market: Neutral
Short term market: Neutral
TC2000 McClellan: Neutral -17
Stocks above 40PMA: 33%
Seasonality: Strongest 6 months typically start around now
1%+ sectors yesterday:
- $TAN 6.99%
- $JETS 4.50%
- $SMH 1.91%
- $XTL 1.87%
- $IBB 1.43%
- $KRE 1.24%
- $XLY 1.22%
1%- sectors yesterday:
- $TLT -1.09%
Main sectors monthly trailing:
- Leading – $IBB $XLK
- Lagging – $XLB $XLE
Sub sectors monthly trailing:
- Leading – $TAN $SMH
- Lagging – $KRE $HACK
Bitcoin: Under the 200sma at 103k’ish
Themes: AI, Nuclear, Crypto, Semis, Memory, Data centres, Quantum, Clean energy
Are breakouts likely to work: No
Are breakdowns likely to work: Extended stocks
Should I be trading: No, in neutral to bearish territory no edge in current market