Overall market: Bullish phase
Yesterdays market: Neutral
TC2000 McClellan: Neutral 1
Stocks above 40PMA: 61%
Seasonality: Typically strong 1st qtr
1%+ sectors Friday:
- $TAN +2.24%
1%- sectors Friday:
- $KRE -3.32%
- $XTL -1.95%
- $XLF -1.38%
- $IBB -1.30%
- $JETS -1.11%
- $IYT -1.04%
Main sectors monthly trailing:
- Leading – $XLE $XLB
- Lagging – $XLF $XLU
Sub sectors monthly trailing:
- Leading – $SMH $TAN
- Lagging – $HACK $JETS
Bitcoin: Under the 200sma at 88k ish
Themes: Crypto, Metals, Semis, Retail, Biotech, Technology, Solar, Energy
Are breakouts likely to work: Selectively
Are breakdowns likely to work: Extended stocks should be focus
Should I be trading: Yes EP9, EPs, SoS