Overall market: Bullish phase
Short term market: Money leaving the market – normal buying selling pressure
TC2000 McClellan: Neutral 1
Stocks above 40PMA: 50%
Seasonality: Typically strong
1%+ sectors yesterday:
- None
1%- sectors yesterday:
- $TAN -1.95%
- $JETS -1.78%
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 87k ish
Themes: Metals, Bio, Healthcare, Transports, Financials, Regional banks, Space
Are breakouts likely to work: No not until the NY
Are breakdowns likely to work: Scalps
Should I be trading: Keeping current positions wont be putting any new money to work until the new year