Overall market: Bullish phase
Short term market: Neutral
TC2000 McClellan: Neutral 26
Stocks above 40PMA: 52%
Seasonality: Typically strong
1%+ sectors yesterday:
- $TAN +4.92%
- $XTL +2.84%
- $JETS +1.60%
- $IBB +1.51%
- $IYT +1.03%
1%- sectors yesterday:
- $XLP -1.14%
- $RTH -1.10%
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, entering santa clause rally & Jan effect