The Market Chronicles: Daily review (Wed, 14/05/2025)

 Pre-market is some what positive. Not a major shocks, looks like market is sailing smoothly.

SPY/QQQ is going strong.



Seen bit of decline in market level 50,100,150 and 200MA's and 20MA is consolidating. Not sure what this means?



I see clear indication of market rotation in couple of sectors.

Energy, Realestate, Materials, Health care, Utilities, and consumer taples are going down. 










Where as Technology, Communications, and Industries are going up.





Midcap and largecap growth stocks are going really strong.


Market internals shown bit of slowness/correction today.

I see $ADD is negative, Tick is bit fine and TRIN is at .62 which is a kind of red day tomrorow.

My positions are LX, and SOUN.

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