$IYW vs. $SPX
Technology vs. S&P 500
New relative highs. pic.twitter.com/St8rGHND4Y
— Adaptiv (@adaptiv) February 4, 2021
Today’s Chart of the Day was shared on Twitter by Adaptiv (@adaptiv). It’s a ratio chart of the Technology ETF, $IYW, vs. the S&P 500. The top holdings in $IYW include Apple, Microsoft, Google, Facebook, and NVIDIA. Tech is beginning to reassert its leadership over the broader market. This is a...