Overall market: Bearish phase
Short term market: Money entering the market – high buying pressure yesterday
TC2000 McClellan: Neutral 20
Stocks above 40PMA: 39%
Seasonality: Typically strong
1%+ sectors yesterday:
- $TAN 4.90%
- $SMH 3.07%
- $XLK 2.56%
- $HACK 1.61%
- $XLY 1.31%
- $IBB 1.15%
- $XTL 1.02%
1%- sectors yesterday:
- None
Main sectors monthly trailing:
- Leading – $IBB $XLE
- Lagging – $XLB $XLP
Sub sectors monthly trailing:
- Leading – $TAN $SMH
- Lagging – $KRE $HACK
Bitcoin: Under the 200sma at 105k’ish
Themes: AI, Nuclear, Crypto, Semis, Memory, Data centres, Quantum, Clean energy
Are breakouts likely to work: Maybe
Are breakdowns likely to work: Extended stocks
Should I be trading: Not looking to add any exposure unless exceptional CAT
Stock goat 