FB, GOOGL declines paint a grimmer picture than reality

Key Takeaways

  • Monday’s large-cap Technology weakness largely camouflaged the extent that technology was down, with XLK’s -0.66% far worse than Equal-weighted RYT’s -0.20% 
  • Ethereum’s two-week outperformance vs Bitcoin nearing its first real test
  • Commodities defying gravity, but uptrend showing no signs of peeking out 


While the market has been rather lackluster near-term, no real technical damage has taken place during the la...

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