Staying On the Ball Part 2: Mega-Cap Distribution Defines the Bigger AI-Era Shift

Stocks had a solid session today, though they finished off their session highs this afternoon. The gist of the FOMC Minutes? The Fed is on pause. If you read Tuesday’s Daily Wrap (I think it’s helpful), I was looking for one thing today: the mega caps (MAGS) to bounce off the 200-day SMA and into…