More Ugliness in Tech/Mega Caps.
12:oo p.m. ET The futures overnight tests didn’t hold any water once the cash market opened. Mega Caps –Mag-7 or MAGS specifically– support yesterday, was blown out of the water this morning. The November NAHB Housing Market Index registered at 38 for November (consensus 36) from a prior reading of 37. August Factory Orders increased…
