Overall market: Bullish phase
Yesterdays market: Money entering the market – very high buying pressure
TC2000 McClellan: Neutral 37.9
Stocks above 40PMA: 65%
Seasonality: Typically strong 1st qtr
1%+ sectors yesterday:
- $KRE +4.66%
- $SMH +2.96%
- $IBB +2.60%
- $IYT +2.43%
- $XLE +2.42%
- $JETS +2.37%
- $XLB +2.18%
- $XLY +1.91%
- $XLV +1.84%
- $XLI +1.73%
- $TAN +1.48%
- $XLK +1.39%
- $RTH +1.24%
1%- sectors yesterday:
- None
Main sectors monthly trailing:
- Leading – $XLE $XLB
- Lagging – $XLF $XLU
Sub sectors monthly trailing:
- Leading – $SMH $TAN
- Lagging – $HACK $TLT
Bitcoin: Under the 200sma at 90k ish
Themes: Crypto, Metals, Semis, Transports, Biotech, Financials, Technology, Solar, Industrials
Are breakouts likely to work: Selectively, $SPY & $QQQ closed back above 50 sma
Are breakdowns likely to work: Extended stocks should be focus
Should I be trading: Yes EP9, EPs, SoS
Stock goat 