Looks like a stop run on PPC today.

Yep. I’ve highlighted PPC as one of my picks in the packaged foods/consumer staples sector in recent months & touched on it in today’s video (to be posted soon), including price targets, objective entry levels, & stops (plus longer-term downside targets, should it lose the recent support).

I can’t render a technical (charting) perspective & am not familiar with that particular ETF, but covered it in today’s video (to be posted shortly). My preference for idle cash in a trading or investing account is to have it swept into a brokerage MMF. You’ll probably pick up a little more yield on TFLO, but even as a stable-ish price fund holding adjustable-rate Treasuries, it could go down in value just when you need to pull the money out, thereby negating the higher yield, assuming the NAV or share price dropped from where you bought it.

There could be a small breakdown just due to tech’s weighting but if I see other sectors hold up I’m just buying on the way down before they rotate back to tech.