Market/ETF Video – Large-cap Techs Lift S&P 500, Small-caps Weigh on Breadth, Defensive Groups in Downswings (Premium)
The technical picture shows a split market and the fundamental picture is also split. Large-cap techs are leading and the 5-day SMA crossed above the 200-day SMA for the S&P 500. However, small-caps remain weak and the Composite Breadth Model is at -3. The Fed came to