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Technology still lagging, but Breadth and structure remain fine

90 min remaining..S&P has largely held steady since erasing most of early gains.  Dollar has turned up a bit vs Yen in the last couple hours, while bonds are largely higher today with continued flattening out in yield curves. particularly vs the long end, with 5/30 breaking down sharply..  this 30yr yield decline seems to be largely following Crude and Inflation expectations,  but it is notable.. Tech still providing most of today's weakness and will be important for SOX and XLK to hold up above last weeks lows-  Financials meanwhile acting quite well and one of the reasons Equity indices are holding up well given this resilience- The early reversal in industrials has not come back today with Airlines and Rails both attempting early breakouts that failed.  Meanwhile Utilities and Telecom leading all sectors  as the long bond rally seems to be aiding these defensive sectors-  Breadth still around 2.5/1 positive and volume is nearly 3/1 into Advancing vs Declining issues, which is a definite positive- VIX meanwhile UNDER 10 yet again at 9.85, but none of this really matters all that much in thinking that equities would need to turn down right away, Much of this will be based on sectors holding up and specifically, tech and Financials-  Let me know if you have any questions