Stock Power Rankings: Market Shows More Strength, but Tech Stocks May Take Time
Markets held steady as different sectors started to lead. However, recent ups and downs in chip stocks suggest that investors should pay more attention to quality. This week, it’s better to be patient than to go after fast profits.
Holiday trading changes the market’s behaviour. With liquidity thin and Tuesday’s macro data doing the heavy lifting, a small set of stocks and sectors could move more than usual.