This week Janet Yellen continues the market rally. On Tuesday and Wednesday the Fed chairwoman testified in front of congress which took the focus temporarily away from President Trump. Her testimony on Tuesday was in line with what analysts, and the street wanted to hear which caused over a 1% gain in financials. For the week it puts the S&P 500 (SPY  ) at all time highs again.

The Nasdaq 100 (QQQ  ) continues to blast off thanks to massive moves in names like Tesla (TSLA  ) and Apple (AAPL  ). For the year already the Nasdaq 100 boasts almost an 8% gain. All of this happening in almost a perfect straight line up. Traders continue to suggest that the move is over done in the short term but the Nasdaq 100 doesn't seem to care.

Gold (GLD  ) has briefly stopped its multi-week rally. So far this week there has been little interest in the precious metal as it sits near its 2017 highs. Its still up over 6% on the year but for the moment all is calm. The same can be said for the Gold Miners (GDX  ) which have also been out of focus this week. Investors are hopeful to have an opportunity to buy a pullback should that happen.

The Dollar (UUP  ) continues its February rally this week adding another 1%. Since the first day of the month the dollar had bottomed out and moved straight up since then. Technical traders note the short term resistance at the $26.30 area which we are rapidly approaching.

Finally we notice the Healthcare (XLV  ) sector has continued its vertical move this week with gains over 1%. The recent 5.5% move started back on January 31st and has been smoothly and methodically moving higher since then. Thanks to pops in individual names like Aetna (AET  ), the space remains strong and the bulls continue to dive into the sector.