I am loving the action today.  It's subtle, but it is the kind of beneath the surface action that's telling.

• Bond yield higher but growth stocks act good
• Supply chain constraints but Consumer Discretionary top sector
• Lots of walls of worry and the market trying to climb them all 
• Semiconductors act great 

Utilities and Healthcare are laggards today as the risk on trade resumes.

There were more downgrades this morning than usual, but actual sell ratings are back to pre-pandemic levels.

Tesla (TSLA) is one of the stocks to watch this week- big wall street shorts failed to jawbone the stock lower - it might be the mother of all short squeezes this week.