Selling the semis and tech in general.
Usual sectors taking over again, with Semiconductors (SMH) taking the lead.
Semiconductors are showing weakness and Tech is following.
Technology is even diverging from Semis which is an interesting development.
Semis are losing some steam, but still appear to be the market leaders here.
It's all semis at this point that is pulling this market higher.
Semis and Energy are holding firm to this market. Healthcare and real estate trying to make a play here, but I'm not sure it lasts.
SMH already starting to weaken again, and nothing at all to like about energy right now.
No movement in this industry going back to September. Completely sideways! Traders getting long today are doing so without looking at the bigger picture of how semis have done nothing the last 6-months.