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NVDA, MSFT outperformance will hopefully start to broaden out

SPX and QQQ at new all-time high territory has caused some concern to those who study how much Technology has dominated in recent weeks to the detriment of many other sectors.  As discussed, breadth had begun to wane sharply in January and both the US Dollar and Treasury yields had begun to bounce back higher.   Monday showed some necessary mean reversion to the recent “Market Thinness” as Transports and Small-caps snapped back sharply. ...

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