Overall market trend: Bullish phase
Yesterdays market: High selling pressure
TC2000 McClellan: Neutral 36
Stocks above 40PMA: 58%
Seasonality: Feb typically weakest of the 1st 3 months
1%+ sectors yesterday:
- $XLE +2.61%
- $SMH +2.48%
- $XLP +1.43%
- $XLB +1.34%
- $HACK +1.04%
1%- sectors yesterday:
- $JETS -3.27%
- $XLF -1.51%
- $KRE -1.14%
Main sectors monthly trailing:
- Leading – $XLE $XLP
- Lagging – $XLF $XLY
Sub sectors monthly trailing:
- Leading – $SMH $TAN
- Lagging – $HACK $SPY
Bitcoin: Under the 200sma at 67k ish
Themes: Solar, Energy, Materials, Transports, Staples, Industrials
Are breakouts likely to work: No
Are breakdowns likely to work: Yes
Should I be trading: No chopfest let market setup
Stock goat 