Another KEY Big-Cap Tech Name Stands at a Critical Juncture
Another big tech stock (besides Nvidia) could hold the key for the stock market for the rest of this year.
Two weeks ago, we highlighted how the USDJPY was poised for a pullback…and that is exactly what has taken place. It is now at a level where it NEEDS to bounce back…because any further decline will likely create headwinds for many risk assets.
We’ll continue to keep a very close eye on the action in Nvidia (NVDA). However, there is another key big-cap tech name that stands at a key technical juncture. Therefore, this name could have ALSO have a big impact on the tech sector…and the broad market…over the rest of 2024.
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