December 28, 2020, 2:01 pm EST
Mega Technology and Consumer Discretionary Strong
DJIA is up more than 200 points and all indexes rally about 0.7% – 0.9% as of now. Mega technology stocks lead the way: AAPL, AMZN, GOOGL, FB.
The other leading groups are from retailers, cruises and travel-related stocks: M, ROST, TJX, RCL, CCL, NCLH, BKNG.
Credit cards or payment processing companies emerge up quickly also that needs attention: V, MA, AXP
Overall, markets are in bullish bias. But, low volume extended rally should warn traders and investors about its overheated status.