Overall market: Bullish phase
Short term market: Money entering the market – high buying pressure
TC2000 McClellan: Neutral 58
Stocks above 40PMA: 52%
Seasonality: Typically strong
1%+ sectors yesterday:
- $XTL +1.58%
- $TAN +1.39%
1%- sectors yesterday:
- None
Main sectors monthly trailing:
- Leading – $IBB $XLV
- Lagging – $XLK $XLU
Sub sectors monthly trailing:
- Leading – $KRE $JETS
- Lagging – $TAN $HACK
Bitcoin: Under the 200sma at 92k ish
Themes: Metals, Semis, Bio, Healthcare, Transports, Energy
Are breakouts likely to work: Quality CATs
Are breakdowns likely to work: Maybe
Should I be trading: High quality 9mil & EP’s only still think in choppy phase