2024-05-05 21:47:31 ET
Summary
- The market should continue to rise this week, particularly in the tech sector, based on technical analysis and recent market events.
- Fed President Powell's dovish FOMC statement and the softer April jobs report will contribute to market optimism this week.
- Caution for the following week due to upcoming economic data releases, potentially resulting in a similar sell-off as last week.
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Readers Who Bought Tech During The Selloff, Watch For These Factors