The only index slightly in the red today is the Nasdaq Composite, as Technology (XLK) stocks continue to be under pressure.

It is an ongoing rotation to small caps with the Russell 2000 being the best performer today. It is up 1.59% and testing its prior high in August.

Eight of eleven companies are in the green, with Utilities (XLU) coming out ahead of the pack, up 1.39%. Communication Services (XLC) was the worst performer, down 0.43%.

The Fear & Greed Index is still in Greed territory but is moving farther away from Extreme Greed.

Advancers are swamping decliners by a 4-to-1 margin at the NYSE and nearly 3-to-1 margin at the Nasdaq.

On the economic front, for the second consecutive month export prices declined much more than import prices.