Overall market: Bearish phase
Short term market: Money entering the market – normal buying & selling pressure yesterday
TC2000 McClellan: Neutral 45
Stocks above 40PMA: 42%
Seasonality: Typically strong
1%+ sectors yesterday:
- $IBB 2.88%
- $XLV 2.31%
- $XLP 1.31%
- $XLE 1.31%
- $XLB 1.04%
1%- sectors yesterday:
- $SMH -2.16%
- $TAN -191.%
Main sectors monthly trailing:
- Leading – $IBB $XLE
- Lagging – $XLU $XLP
Sub sectors monthly trailing:
- Leading – $TAN $SMH
- Lagging – $TLT $HACK
Bitcoin: Under the 200sma at 104k’ish
Themes: AI, Metals, 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 at the moment unless exceptional CAT
Stock goat 