SA 06/11/2025

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

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