Markets Gave Up Big Gains: Bearish Risks Ahead

The technology sector started this week with strong trading volume on higher relative volume. This faded by 11 a.m. The index, along with the Dow Jones and S&P 500 (IVV), ended Monday slightly higher. The Russell 2000 (IWM), however, was the out-performing index. Investors believe the rally in the mega-cap will spread to small capitalization firms. The biggest holdings in IWM ETF are Insmed (INSM), FTAI Aviation (FTAI), and Fabrinet (FN). On the index, Abercrombie & Fitch (ANF), a retail firm, and Sprouts Farmers Market (SFM), a supermarket chain, are especially attractive holdings.Stock…