Monday’s Muted Follow-Through: Tech Rebound Leads Nasdaq Higher. Japan’s Election Puts The Carry Trade Back On The Radar

The gist of the day was a continuation of Friday’s oversold bounce, pretty much as expected headed into the weekend with H&S necklines tagged as well as numerous technical support levels. There was also a continuation in Friday’s leadership across mega-cap, tech, and high-beta names helping the Nasdaq and Small Caps lead. Short covering today…