S&P 500 recovered from the shallow premarket correction fast after the opening bell, and it‘s been the broadening market leadership not relying on Magnificent 7 that secured another bright day for clients both swing (that‘s daily publications) and intraday as the island continuation theme is coming to fruition with breakout and more gains accompanied by relevant sectoral picks for investors introduced in yesterday‘s extensive analysis.
Treasury auction hasn‘t been disastrous either, and actually the 10y Treasury one was bought yesterday in stocks. Anyway, these have been as much a driver in latest weeks as the economic data themselves.
