09252018What's Hot:

Looking for Bargains in Bullish Sectors

It has been an impressive week for the Nasdaq as the technology-weighted index soared to a new all-time high last Thursday to touch 7,768 before pulling back slightly in Friday’s tariff-related sell-off.

In all actuality though, most tech stocks are behaving very well when it would seem only natural that traders would be inclined to lock in gains going into the weekend. A modest pullback only refreshes the powerful breakout for the Nasdaq as the second quarter ends in two weeks.

Fund managers are sure to window-dress their portfolios with plenty of winning tech stocks in the days ahead. That practice is a tradition as each quarter nears an end.

Click here to read the rest of the article, “Looking for Bargains in Bullish Sectors.“

Source: Human Events

comments powered by HyperComments

More on the topic