The Squeeze Continues As Tech Surges 2%

Photo by Wance Paleri on Unsplash

The bear market rally continues as Technology, Communications and Cyclicals power higher ahead of the Federal Reserve announcement next week. The current rally mirrors the list of the highest beta names of the S&P 500 as represented by the Invesco S&P 500 High Beta ETF (SPHB) and the most-shorted publicly traded stocks. When is the rally going to end? Volatility-based indicators can give you a heads-up. (MSFT, AAPL, W, META, RIG).

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