We’ve seen “quiet strength” in the market, says Willie Delwiche, noting that August and September markets also started off on a bad foot before coming back. He says the bulls are still invested in the market, lending strength, but to watch out for the tide turning towards pessimistic sentiment. He thinks the market can move higher even if tech’s growth slows, but the indexes are weighted heavily towards tech so if the sector slumps the market could struggle.
Morning Trade Live
02 Oct 2024
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