Overall market: Bearish phase
Short term market: Money leaving the market – normal buying & selling pressure
TC2000 McClellan: Neutral -22
Stocks above 40PMA: 36%
Seasonality: Typically strong
1%+ sectors Friday:
- $TAN +2.12%
1%- sectors Friday:
- $JETS -1.23%
Main sectors monthly trailing:
- Leading – $XLE $IBB
- Lagging – $XLU $XLP
Sub sectors monthly trailing:
- Leading – $KRE $TAN
- Lagging – $HACK $TLT
Bitcoin: Under the 200sma at 95.5k’ish
Themes: Quality earnings, Metals, Semis, Memory
Are breakouts likely to work: No
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 