Tech issues have been acting stronger than the broader market for a few months now.  This looks like a rotational trade out of commodity sensitive issues, which have been leading for several years and back into techs.  In that vein the Powershares QQQQ, a tracking stock for the 100 largest issues on the NASDAQ and a great proxy for techs, remains on its’ FusionIQ BUY signal from May 1^st (see chart below)