It was another strong week for the major indices, which were supported by generally broad-based buying interest. Mega-cap stocks led the way again as every S&P 500 sector finished higher.

What a difference three weeks makes in this stock market. In late October, the 10-yr note yield was pushing 5.00%, the S&P 500 was on the brink of breaking below 4,100, and the CBOE Volatility Index (VIX) was north of 23.00.

Most Major U.S. stock indexes rose modestly last week, maintaining positive momentum after a sharp rally in the previous week produced the biggest weekly gain so far in 2023.

The major indices experienced solid gains on the heaviest week of earnings reporting for the 3rd quarter season. The calendar featured results from Apple (AAPL), which didn’t meet the market’s high expectations and languished following its report…

The indices experienced an important technical week last week…