Financials are doing OK, but it is the Discretionary and Technology Stocks that are leading the market today.
I didn't expect the market to make a higher high today, and thought of shorting the market a few times on its almost straight up trend. However, the strength of the Discretionary Stocks convinced me to not try to stop a freight train. Good thing. Even though there is some evidence that the upward move is losing momentum, it is still going up.
Charles
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