Stay on the Ball: Mega-Cap Distribution (Not Daily Headlines) Defines the Bigger AI-Era Shift

After an extended 3-day weekend, the morning equity action picked up where detiorating 3C charts left off Friday resulting in a volatile start to the day. The averages slipped lower early on, weighed down by the influential technology sector. The S&P-500 found support at its 100-day, coinciding closely with news from Iran’s PM reporting “constructive” nuclear…