Magnificent 7 still lagging, & Software should be underweighted within Technology

Near-term Equity trends are bullish, but despite last week’s breakout in QQQ, this week has kicked off with a much better day of performance out of Small-caps following IWM’s seventh straight day of gains.   Interestingly enough, U.S. equity markets have shown more strength out of sectors like Materials, Industrials, Energy, and both Consumer Discretionary and Consumer Staples sectors compared to Techn...

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