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Just noticed the tech stock index had a solid day today. The North American tech ETF is sitting at $82.98 after climbing 4.40% - pretty nice move if you were holding. Seems like there's some real momentum building in the sector.
Cybersecurity also got a boost. The Nasdaq cyber ETF jumped 2.76% while the other cybersecurity play hit 3.36%. When you see both the broader tech stock index and defensive names like cybersecurity moving together like this, it usually means there's genuine conviction behind the rally.
Worth keeping an eye on whether this tech stock index strength holds or if we see some profit-taking tomorrow.