Despite today’s breakdown, a QQQ trading low looks close at hand ahead of next week's Hyperscaler earnings

Note: I will be out of the office on Monday, July 27, and Tuesday, July 28. There will be no notes or videos published on those days. Regular coverage will resume on Wednesday, July 29.

US equity markets showed a welcome broadening out Friday, and outside of Technology, risk assets behaved well today given the decline in WTI crude along with some relief in interest rates, both of which had raised some uncertainty and consternation in the marke...

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