SA 08/01/2026

Overall market: Bullish phase

Short term market: Money entering the market – high buying pressure

TC2000 McClellan: Neutral -5

Stocks above 40PMA: 54%

Seasonality: Typically strong 1st qtr

1%+ sectors yesterday:

  • $IBB +3.21%
  • $XLV +0.99%

1%- sectors yesterday:

  • $XLU -2.42%
  • $XTL -2.33%
  • $TAN -2.02%
  • $XLI -1.88%
  • $XLB -1.73%
  • $XLF -1.40%
  • $IYT -1.13%
  • $XLE -1.12%
  • $XLP -1.10%

Main sectors monthly trailing:

  • Leading – $XLV $XLB
  • Lagging – $XLP $XLU

Sub sectors monthly trailing:

  • Leading – $JETS $SMH
  • Lagging – $HACK $TLT

Bitcoin: Under the 200sma at 93k ish

Themes: Crypto, Metals, Semis, Transports, Biotech, Financials, Regional banks, Space, Industrials, Healthcare

Are breakouts likely to work: Yes

Are breakdowns likely to work: No

Should I be trading: Yes EP9, EPs, SoS

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