Large-cap Technology starts to rally ahead of earnings

Near-term Equity trends look to have stabilized and have begun to turn back higher over the last few days. I view the technical trend in SPX again as short-term bullish, expecting a rally back to new all-time highs.  The former broadening out in the rest of the market, while “Mag 7” slumped, has now led to the opposite price action over most of the last 3-5 days, as Large-cap Technology has outperformed while a...

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