All charts on Momentum Monday are powered by MarketSmith
A strong bull market eventually lifts most stocks but not at the same time. There is a constant sector rotation which moves capital around. It seems the euphoria about the retail sector reached a short-term peak last week as many stocks in the sector have pulled back or consolidated through time since then. The bull market hasn’t even blinked. The money has rotated into enterprise software, semiconductors, and biotech.
