Hey you technicians, just letting you know big DOW leader Boeing (BA) just broke the 50 day average cleanly for first time in 15 months.

Nothing like an ugly sell day followed by futures that were down last night…followed by another reversal with a nice gap to the upside this

SOURCE: https://www.zerohedge.com/news/2018-03-13/new-jersey-prepares-raise-taxes-almost-everything-it-nears-financial-disaster

Well that was not nice. But not much changed. More than half the market remains bearish. The less than half that has been leading, especially

Looks like and “feeling” like the stretched, extended and “overboughtness” of the NASDAQ/NDX/SEMIS and all that stuff showing up a bit today as many names

Futures up nicely. SEMIS, TECH, INTERNET, NASDAQ, NDX, BETA, GROWTH. FINANCIALS in shape…just a lot slower than beta. Extended, stretched, overbought in these areas but

When you get past all the wild action, our themes have pretty much remained the same and that is: February 9th was not only A