6/9/2026 Daily Recap: More wide and more loose. - $XLK First Friday and now Today we see a massive pickup in volume and wide range bar. -7% from top to bottom. - $SMH same story but a -9% move top to bottom. - We can be encouraged by the bounce we say late day and on some names into key areas, but you have really gotten to a place where charts are wide and loose. - $ITB $XHB best two performing groups today. $DHI $PHM $TOl but these names are far too beaten up to think much about them. - $XLRE looks to be one of the most constructive S&P ETFs but do you really see yourself buying $WELL $PLD $PSA? - Healthcare related continues to be one of the strongest group which I view as a bit defensive but $HUM $UNH $ELV are already wildly extended for what those names are. - Growth continues t
View on X ↗