Lots of backing and filling and some brinksmanship today, as the bulls and bears did the dance all morning.  But now, momentum from last two session is coming back and so is the sense of urgency.

Energy is popping but coming off a big pullback.  Headlines, or lack of peace headlines, will be the main driver there, but it is also a reflection of easing Covid-19 cases in China.

We like the action in retail and materials names.

Bloomberg

Major indices are bumping up against key points that could tip the bias back to the upside as investors begin to fear missing out more than they do the headlines.

Caution is still the word of the day.