Huge move out of T2108 helping to close one of the biggest divergences out there.
Tech remains the kingpin of the stock market.
It'd be ironic if suddenly the crowd became bearish in July on SPY.
Devalue the dollar enough, you can spark a stock market rally and ignore the purchasing power decreasing.
It's all semis at this point that is pulling this market higher.
Along with that trade uncertainty has flatlined.
Is Chevron (CVX) on the verge of bouncing off breakout support?
Energy already getting railroaded, while the only industry that really matters is semiconductors.
Large majority of Iranian oil goes to China.
A ban on congressional trading ain't happening!
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