While the S&P 500 didn't make much progress so far, it's the performance of high yield corporate bonds that supports more gains downs the road - and it doesn't all that much matter whether they come still today, or whether stocks catch up vigorously during Monday's premarket session / just thereafter.

The key development among the heavyweight sectors (tech, healthcare and financials) is that they're refusing to budge and decline today.

All in all, our long position remains justified.

Thank you and have a nice weekend.

Monica Kingsley
Stock Trading Strategist
Sunshine Profits - Effective Investments through Diligence and Care