Reported 11 months ago
Fundstrat's Mark Newton suggests that investors should focus on non-tech stocks as the market experiences a tech selloff. He highlights the rebound of sectors like financials, discretionary, healthcare, and industrials, noting positive signals for a broad-based rally. Newton predicts corrections in S&P 500 and Nasdaq this week, while also pointing out potential breakouts in biotechnology and healthcare. The article also mentions various market updates, including Boeing's plans, shares of Airbus, Oracle's warning about a U.S. TikTok ban, and more.
Source: YAHOO