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Technology rally can help QQQ start to outperform SPY

In the very short-term, insufficient strength has occurred based on Thursday’s rally to suggest an imminent move back to new highs is upon us.  US Dollar and Yields remain trending higher and the Equal-weighted S&P 500 needs to achieve the same degree of success which has happened with the NDX.   However, AAPL’s strong breakout move happened on schedule, and gives a sharp nod of confidence that the broader market could be ...

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