SPY, QQQ, XLK Hold the Line – Breakouts in XLV, IBB, IYZ – Setups in XLF, IDGT, IHI, CIBR
The weight of the evidence remains bullish for stocks. Dozens of ETFs hit new highs in January as the bull market broadened even further in January. Even though XLK and QQQ are lagging, they are still in uptrends and their cups are half full as earnings season gets in full swing.