Overall market: Bullish phase
Short term market: Money entering the market – high buying normal selling pressure
TC2000 McClellan: Neutral 1
Stocks above 40PMA: 50%
Seasonality: Typically strong
1%+ sectors Friday:
- $XTL +3.93%
- $IBB +2.41%
- $TAN +1.37%
1%- sectors Friday:
- $XLU -1.27%
Main sectors monthly trailing:
- Leading – $XLF $XLY
- Lagging – $XLE $XLU
Sub sectors monthly trailing:
- Leading – $KRE $JETS
- Lagging – $HACK $TLT
Bitcoin: Under the 200sma at 88k ish
Themes: Metals, Bio, Healthcare, Transports, Financials, Regional banks
Are breakouts likely to work: Quality CAT EP’s
Are breakdowns likely to work: Scalps
Should I be trading: Quality CAT EP 9 mil