Dow cleared, Nasdaq - sorry, you'll have to wait

Did you see that, the Dow did not make a lower low. Whereas, the Nasdaq has been consistently making lower lows. Watch the banks offering higher and higher rates of interest. It's not as crazy as at the time of the bubble, but I think the market is telling us that tech is not hot and won't be hot for a while, whereas, defensive stocks - KR, MO, CVS are the ones to donate to.