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Michael Ashbaugh

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Feb. 26, 2021, 12:15 p.m. EST

Charting a bull-trend pullback, S&P 500 holds 50-day average (again)

Focus: 10-year yield takes flight, Charting a largely bullish sub-sector backdrop, Apple, Facebook and Amazon test key thresholds, TNX, IYT, XLF, QQQ, XLE, XLI, AAPL, FB, AMZN

By Michael Ashbaugh, MarketWatch

U.S. stocks are mixed early Friday, vacillating as a late-month market whipsaw persists.

Against this backdrop, the major U.S. benchmarks remain in divergence mode — amid uneven price action — though the bigger-picture technical backdrop remains bullish, on balance.

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