Software acceleration helpful to Tech but increasingly other sectors need to start working better

US Equity trends remain bullish, with $SPX continuing to push toward 7,600 and the rising trendline from the April lows intact. However, despite the mid-May lift in many Equal-weighted S&P sectors, it's not wrong to say that leadership remains top-heavy and some participation out of groups like Financials, Healthcare, and Industrials will be important in the weeks to come. Counter-trend exhaustion signals look c...

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