Tech Top Tantrum

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Nothing can break this market, can it? Under the surface, though, some sectors are certainly weaker than others. NASDAQ stocks (the likes of AMZN, FB, AAPL) didn’t enjoy the Trump rally quite to the same degree as true industrial companies, but today’s rally is worth noting if you examine where prices are relative to the Thanksgiving peak. I covered AMZN early today to take profits, but I’m sticking with FB and just shorted AAPL. If things start to slip again, I think tech stocks will lead the way.