The big cap technology names are doing much better.
There have been rotations on a daily basis and it has created several bull traps just when it looked like momentum was growing.
We are seeing better trading action as the day continues, and I'm looking to put more cash to work.
Traders have to move very quickly to stay ahead of the game.
More competition at lower prices will make it harder to be profitable.
There is so much going on right now that it is overwhelming.
The key is that the market consolidates for a while before it attempts another thrust to the upside.
The key here is bonds.
It feels like these companies are casting a wide net, but it makes sense to file at the beginning of this mushroom mania.
Let's review the charts and indicators.