The volatility within US Big Tech names remains very high, with Donald Trump adding fuel to the fire over the last 24 hours. We see great risk/reward in the $40 area, which could quickly unfold in the coming weeks/months and would represent a more than 20% pullback from this year’s high.
- We like the NDQ into further weakness, it’s more than halfway towards our buy area.
MM likes the NDQ ETF around $40
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