Remarkable SPY breadth
|Yesterday‘s S&P 500 sesstion was about straight up buying, allowing to call it as such early in the session for clients (made much sense intraday). Another risk-on day, there‘s a distinction in how semis are performing (I talked AVGO and NVDA in today‘s video too). Look at META and my other premium picks lately such as DG. Today‘s video also taken on precious metals and the winning play within the sector.
The ADP employment change at 37K is way too weak, but a rear-view mirror that‘s not not‘s really always reliably correlated to NFPs Friday. AVGO earnings before that will set the tone, and clients know what I think on the topic.
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