bullish

Weekly Stock Bullfinder - Week of 7/24

235 Views24 Jul 2023 07:56
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SUMMARY
  • So far in 2023, mega-cap growth names such as Meta, Nvidia, Microsoft, and Netflix have continued to provide market leadership resulting in a 41% YTD gain in the QQQ ETF.
  • However, last week saw notable rotation away from technology (XLK) to the healthcare, energy, and financial sectors.
  • This came off the backs of notable technology heavyweights Tesla and Netflix earnings reports and investors selling off these names after their earnings prints this week.
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