katie stockton, fairlead strategies founder, joins us.tech leading the way here. -- thiss the momentumn is the momentum in tech. what does this tell you? >> we see breakouts. even defensive stocks are exhibiting some momentum. outperforming is coming from technology, consumer discretionary, the more offensive areas of the marketplace. the breakouts are bullish. i agree with trump, it is good news. you have seen the s&p 500 clear its january high. that relieves the market of any resistance levels. see follow-through. alix: what is the level where you start to get worried? like, ok,int are you this is a blowoff top? >> i look for signs of things like the stochastic oscillator. alix: that is not jargon. you woke david up. >> you see the signs of extortion -- exhaustion. sometimes there is overly bullish sentiment. send a bit right now to me is the only risk to the marketplace. we have some extreme ratings. but they're not concerned with other readings. david: talk about industrials. thes breaking out above 200-day moving average. what is dri