Is This Head Fake Rally Or We On Our way 800State Street SPDR S&P 500 ETFBATS:SPYjohn12They screwed up with the fake job number on Friday yields were ready to drop on the election defeat of the Republicans instead yields kept rising, money could continue rotating out of technology and into banks, industrials, energy, and other sectors not tech Let the dust settle. Follow the money, by watching the stochastics, and watch what the institutions do next. The bond market will tell us soon whether this rotation has legs or we go back to tech.. Be cautious THE REAL PROBLEM Rates remain too far above their sweet spots, and, worse, the Fed has to cut first. That does not appear likely any time soon.