Large-cap Growth breaks out vs Value; Semis still gaining ground

Despite all the near-term bearishness, it’s worth pointing out that Technology continues to show excellent relative strength vs the market.  Semiconductors remain an excellent sub-industry group within Technology, while $AAPL’s upside gap makes this stock still quite bullish

SPX prices have not broken down sufficiently to suggest trends are turning down. SPX prices bounced sharply last week at the 200-day moving average, and Fibonacci 38.2% retr...

Despite all the near-term bearishness, it’s worth pointing out that Technology continues to show excellent relative strength vs the market.  Semiconductors remain an excellent sub-industry group within Technology, while $AAPL’s upside gap makes this stock still quite bullish

SPX prices have not broken down sufficiently to suggest trends are turning down. SPX prices bounced sharply last week at the 200-day moving average, and Fibonacci 38.2% retr...
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