Good morning everyone, and welcome to all who joined over the weekend!
Markets finally broke to new highs last week, but it wasn’t as clean of a move as we had hoped. A few key things to note…. 1- markets chopped around all week except for Friday, when it finally started pushing higher, but volumes were very weak. 2- Despite the recent trend, the tech sector lagged big time. In fact, it was one of the worst-performing sectors, and it barely closed in the green for the week. 3- There are several high-impact economic releases this week. That said, the bulls are still in charge, and we will continue looking for more upside.
Check out this week’s trade ideas.