Retail Rampage in Tech Lifts S&P Above Pivotal 4300 Ahead of Fed and Inflation
Retail traders are back after a hiatus and they're just in time to bid the markets higher ahead of key inflation data and the FOMC policy statement. Sure it's risky, but time will tell if it pays off or if it's a replay of the 2022's version of the strong and the weak. Fact is, markets should be primed for some profit taking, the only question is how frenzied can things get (INTC, AMD, SOXL, ORCL, KR, XLI, CCJ, ZM)...
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