Technology Sector December Outlook: We Give the Sector the Benefit of the Doubt Despite Recent Consolidation
Consolidation at the sector level is getting long in the tooth, but we continue to give the Technology shares the benefit of the doubt.
Consolidation at the sector level is getting long in the tooth, but we continue to give the Technology shares the benefit of the doubt.
We are seeing some signs of “AI fatigue” in the stock charts that comprise the Technology Sector
Experts generally believe that the Federal Reserve is likely to start reducing interest rates in the upcoming month, as indicated by futures prices suggesting a 67% chance of a 0.25-percentage-point decrease.
Experts generally believe that the Federal Reserve is likely to start reducing interest rates in the coming month, as indicated by futures prices suggesting a 67% chance of a 0.25-percentage-point decrease.
Experts generally believe that the Federal Reserve is likely to start reducing interest rates in the upcoming month, as indicated by futures prices suggesting a 67% chance of a 0.25-percentage-point decrease.
XLF breadth was just short of a “wash out” tactical buy signal in June.
ETFsector.com Daily Trading Outlook, July 9, 2024 Read More »