2 Mega Cap Charts To Consider On A Saturday Night…

Ok, so this is going to be a quick one, but I think it's worth paying attention to. Obviously this was a busy earnings week and one visual you should at least consider when you think about what's doing the heavy lifting, is the following chart which is basically just the mega caps (so the S&P 100) divided by the S&P. As you can see, relative mega cap strength hit its highest since May on Thursday, and that of course came amid, and on the heels of, outperformance from Boeing, Caterpil