This Week's Highlights
- Despite the S&P and NDX being up in a straight line since October, breadth continues to thin out, suggesting a pause to refresh is likely in coming weeks.
- Added pressure on Tech-dominated indices will also likely come from continued strength in oil and copper, as well as rising 10-year treasury yields.
- Tactical traders should lean into this setup by reducing long exposure and or adding to shorts, but such moves should be made