The pockets of strong movement are very narrow right now.
Index charts remain largely problematic.
There is only one fact that truly needs to be understood. The virus is still in charge until it is not.
Market breadth weakens.
Plus, we take a look at the movement in the S&P 500 Index to see where it may be heading.
There's very strong trading in biotech, SPAC, EV, and other names.
Sector performance appears to be shifting.
Plus, the chart of Novocure Limited is a real attention-grabber while the chart of Apple bears watching.
We may be seeing a shift in leadership away from the large-cap techs that have held sway since March.
Markets continue to climb. So, what's the problem?