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Trend remarkably rangebound, but yield curve breakout looks meaningful

Mid-day.   S&P backed off ever so slightly w/ Financials losing steam, with President talking about prospect of Big Bank breakup and saying he's taking a strong look at this-Tech and Financials have been the biggest outperformers, up around 0.70% (Money center banks got hit more than Regionals) while most of the Defensives are lower with Utilties down the most..and seeing NASDAQ higher by 0.70% today ahead of AAPL's report tomorrow-  Meaningful developments today-  Yield curve breakouts. on 5/30, 10/30 which look important .. Breadth about even.just fractionally positive.. and Gold turning down a bit more forcefully.. . just fractionally positive- Overall, right to stay long, while keeping a close eye on Yields which started to turn back higher on talks of increasing supply-    2394-7 area will have importance for S&P and likely tested into tomorrow. about 10 points higher -  Let me know if you have questions