Overall market trend: Neutral
Yesterdays market: Money leaving the market
TC2000 McClellan: Neutral 7
Stocks above 40PMA: 56%
Seasonality: Feb typically weakest of the 1st 3 months
Indices:
$QQQ: Downtrend
$SQQQ: Uptrend
$IWM: No trend
$SPY: Downtrend
$DIA: Downtrend
1%+ sectors Friday:
- $TAN +3.37%
- $JETS +2.76%
- $XTL +2.17%
- $IYT +1.11%
- $XLF +1.06%
1%- sectors yesterday:
- $HACK -1.76%
- $XLP -1.46%
- $XLB -1.14%
- $XLE -1.10%
Main sectors monthly trailing:
- Leading – $XLE $XLB
- Lagging – $XLK $XLY
Sub sectors monthly trailing:
- Leading – $KRE $TAN
- Lagging – $HACK $SPY
Bitcoin: Under the 200sma at 68k 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 