The markets started the week with all eyes on the Trump meeting with North Korean leader Kim Jong Un. But as it seemed more or less to be a prearranged media stunt, the markets turned back to the Federal Reserve and their pending rate hike here in the States.

The S&P 500 (SPY  ) remains near the highs of the last two weeks with little movement thus far. With the Fed rate on the horizon, many traders just want to wait and see what happens. The SPY is on a bit of a win streak for June, with gains already around 3%.

The Nasdaq 100 (QQQ  ) has already hit all-time highs this week as the tech-heavy index continues to show its steady push higher. With the support of many FANG names, as well as other Semiconductor names, the QQQ also has gains for the month over 3% for now.

Healthcare (XLV  ) stocks have been on the move so far this week, continuing with their recent breakout. Technical traders have been pushing the stock higher since last week's breakout, expecting to see $87 as a price target in the short term.

Consumer staples (XLP  ) gained a little attention with a move off recent lows. The XLP continues its bullish move off lows that started late last week with a move back into the $51.50 area. The XLP is already higher by 1% for the week, with very little in the way of short-term resistance.

Lastly, the transports (IYT  ) have been moving higher this week as well. The IYT shot out of a small range on Monday and spent the better part of Tuesday this week continuing on that move. Even in a slow overall market, the IYT has managed to put up gains of over 1.5%.