Mag 7 is Taking a Break
The Dow Jones finished higher than SPY and QQQ. Medium, small, and mocro-cap ETFs finished the day even higher than the Dow.
This tells me that the indices that are heavily weighted with the Mag 7 are taking a breather as other areas of the market, besides big tech, play the catch-up game.
The Rotation is Real
$iShares Russell 2000 ETF(IWM.US)$
Just look at the Russell printing higher highs as the rotation into small caps continues. ...

Here is a classic wedge pattern formation on the Russel 2000. The price action is getting squeezed pretty tight. Watch for the breakout or breakdown soon.
$iShares Russell 2000 ETF(IWM.US)$
Today, the Russell performed better than all other major indices. Small caps outperformed in a big way, in fact. Even the mid-cap and micro-cap ETFs greatly outperformed the big 3 indices.
Cathy Woods ARK ETF contains a lot of small cap growth companies. Ever ETF outpac...

$WiMi Hologram Cloud(WIMI.US)$ $Capital One Financial(COF.US)$ $iShares Core S&P Mid-Cap ETF(IJH.US)$ metaverse is one of the hottest outlets right now, and tech giants like Microsoft, Nvidia and HTC have all poured in.For WIMI, through a multi-dimensional technology development to create a new and huge holographic ecosystem.Not only was the metaverse business division established to further expand the application of holographic technology in metaverse scenarios, but also to apply for the registratio...