All major indices are up today with the Nasdaq in the lead, up 2.55%. The jury is still out on whether we will see these gains have another intra-day reversal, which has been the case in the prior two days.

All sectors are in the green so far today. Technology (XLK) is leading the pack and Utilities (XLU) are lagging the most.

The American Association of Individual Investor's Retail investor gauge saw bearish sentiment spike to 37.5%, quite a change from 25.5% last week.

The jump in bears this past week was the most since November 2022.