It's Still All About the Tech Stocks
Also, Silver and Gold are Showing Signs of a Renewed Breakout
Quick Note: Due to the fact that we were out several days last week…including Friday…our piece is an abbreviated one this weekend. We will be back to our regular format next weekend. Thank you very much…and enjoy the rest of your long holiday weekend!
Table of Contents:
1) It might be a broken record, but it’s still true. The broad market is all about the tech stocks.
2) Near-term, the Fed’s independence is a concern. Longer-term, it’s a lock.
3) The yield curve still matters.
4) Updating the charts on the S&P 500 and the NDX Nasdaq 100.
5) Will the Russell 2000 finally outperform? Watch the regional bank stocks for clues.
6) The breakdown in the crypto market raises questions about risk on/risk off.
7) Silver & gold only need a bit more upside follow-through to confirm key breakouts.
8) Summary of our current stance.
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