Overall market trend: Bullish phase (day 2)
Yesterdays market: Normal buying selling pressure
TC2000 McClellan: Neutral 40
Stocks above 40PMA: 60%
Seasonality: Feb typically weakest of the 1st 3 months
1%+ sectors yesterday:
- $XTL +3.04%
- $HACK +1.91%
- $TAN +1.70%
- $XLK +1.57%
- $XLB +1.30%
- $SMH +1.24%
1%- sectors yesterday:
- None
Main sectors monthly trailing:
- Leading – $XLE $XLP
- Lagging – $XLF $XLY
Sub sectors monthly trailing:
- Leading – $KRE $TAN
- Lagging – $HACK $TLT
Bitcoin: Under the 200sma at 69k ish
Themes: Solar, Energy, Materials, Transports, Staples, Industrials
Are breakouts likely to work: Probably with potentially less follow through
Are breakdowns likely to work: 2 day bounce so far need to be aware of pull back or follow through
Should I be trading: EP’s, DEP’s, SoS
Stock goat 