While the market finished up today 147 points many major players either sat this rally out, or traded down. After Apple's GAP UP it steadily sold off finishing the day -1%. Amazon was also weak today finishing the day down nearly -2.5%. Chipotle steadily sold off throughout the day and closed at -2.7%. FAZ (Direxion Financial Bear 3x Shares) GAPED DOWN at the open nearly $5 and had a huge late day surge at 2:30pm @ 56 and closing the day @ 60.37 at HOD. XLF the SPDR FINANCIAL ETF did the exactl opposite (as its supposed to do) selling off hard into the close 2%. SPX finished the day @ 1175 up 1%, but sold off hard into the close starting at around 2:30pm dropping nearly 20 points, or about 2%.
My Take on all this is too be cautious and nimble with your trades going forward these next few days. I am skeptical of markets where the leaders lag. This was an unusual +150 close and will treat it as such.