Intraday Update

2:42 p.m. ET NASDAQ-100 and S&P-500 have started to breakout of a bull flag, almost entirely supported by the growth & mega-cap stocks of the only 3 sectors trading green – Communication (+2.75%), Consumer Discretionary (+2%) and influential Technology (+1.6%). No other sectors are higher. Growth stocks (+1.6%) in general appear to be catching a…