Earlier we looked at how MM expects the NASDAQ to make fresh highs into Christmas and similarly we like the local sector over the coming months. This has been an explosive trend since early 2020 and moves such as these often take time to roil over and at the moment most major names are largely ignoring the moves in bond markets. MM is still overweight the sector hence its likely we will take some profit into such a rally – hopefully!
MM is bullish IT stocks into 2022
