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S&P Futures on hourly charts shows the late Thursday surge to test Wednesday's peaks of this week, followed by some minor churning into this morning. However, this pattern is quite positive and likely will allow for upside follow-through as other sectors follow suit to join strength seen in Technology. Today's S&P Leaders are RMD-1.00% , GOOGL-0.94% , SMCI0.31% , NVDA-2.89% , TROW-3.80% , and KLAC-0.46%  all higher by more than 4.5%. Meanwhile, stocks like INTC-3.82% , AON-0.83% , DXCM-2.91% , CINF-4.33% , ODFL-1.77%  are lagging performance, and lower by more than 5%. Transports have been a notable laggard this week, and Financials are underperformers and declines in HON-0.90% , IBM-1.54%  PG-2.17%  are weighing down the DJIA which is just fractionally positive at +0.22%. Keep a close eye on Financials and Transports, the latter which is weighing down the Industrials space. However, despite the lack of broad-based strength today, the ability of "Magnificent 7" to carry markets higher on good earnings is certainly a positive and cannot be dismissed.