Relatively strong bounce today with all sectors moving higher; Tech led advance while Financials came in second (latter is doing better YTD) … rally today was friendly to large and small caps, but former continues to outpace latter on YTD and MTD basis pic.twitter.com/xsnhxlxsbc

March Chicago Fed National Activity Index +0.15 m/m vs. +0.07 est. & +0.09 prior (rev up from +0.05) … 50 of 85 individual indicators made positive contributions pic.twitter.com/ilb3SEbedU

How rare was Friday? More than 300 stocks in S&P 500 were green, yet the index was down 0.9%. Using data back to 1998 that happened only ONE OTHER TIME. 10/2/20 saw 313 stocks up, but it fell 1.0%. Again, things are improving under the surface if you look at the data.

More than 1900 stocks on the NYSE were green on Friday. Most since March 27. The Nvidia/tech implosion masked some impressive internals all things considered.