Resilient market hasn’t reversed, yet also hasn’t broken out

What a resilient market!  Even with evidence of Treasuries starting to selloff again, markets have been able to push higher.  Stocks have been higher over the first six of nine trading days in 2023, led by Communication Services, Discretionary, Materials, and a strong comeback this past week in Technology. 

Evidence of breakouts in Small and micro-caps is certainly encouraging for the intermediate-term case, and breadth has picked up stead...

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