Overall market: Bullish phase
Yesterdays market: High selling pressure
TC2000 McClellan: Neutral -38
Stocks above 40PMA: 55%
Seasonality: Typically strong 1st qtr
1%+ sectors yesterday:
- $XTL +2.38%
- $TAN +2.32%
- $SMH +2.30%
1%- sectors yesterday:
- $IBB -1.62%
- $XLP -1.01%
Main sectors monthly trailing:
- Leading – $XLE $XLB
- Lagging – $XLF $XLV
Sub sectors monthly trailing:
- Leading – $SMH $TAN
- Lagging – $HACK $JETS
Bitcoin: Under the 200sma at 88k ish
Themes: Crypto, Metals, Semis, Cloud, Biotech, Technology, Solar, Energy, Materials, Cyber security
Are breakouts likely to work: Selectively
Are breakdowns likely to work: Extended stocks should be focus
Should I be trading: Yes EP9, EPs, SoS, earnings season major tech reporting over the next 2 weeks
Stock goat 