Mag 7 & A.I. Shine Again in Market 'Consolidation Phase'

Michael Reinking, senior market strategist at the NYSE, says investors are seeing a mixed bag heading into the peak of earnings season. Financials dominated the start, but today's reports showed weakness. He also points to the 10-Year Treasury Bond hitting 4.2% as another sign of markets softening. As the macro environment shifts, Michael expects market leaders to retake their position.

Trading 360

22 Oct 2024

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