IIPR & S&P 500 Thurs:IIPR was basically unchanged today @ 155 despite a weak overall mkt as it keeps having relative strength & is above the gap @ 136 1/2 to 140. If it can stay above 150, IIPR will likely test ATH of 165. Technicals remain positive on balance. The S&P500 has been less volatile past couple days & if this continues tmre & Monday, it could signal a slow & steady uptrend. Today some high flyers rallied & are well off their recent bottoms: ZM DOCU TDOC FVRR CRWD PTON DDOG PINS TWLO. But the jury is out re: the next major move being up or down. Will the reduced volatility continue and an uptrend start in earnest or will bears reassert control? A clue may be how the FAANG+M act next 1-2 days.