US stocks surrendered some of their recent recovery overnight as inflation fears were ignited by a surging oil price which ultimately has a bearish economic read through for global equities. It might surprise many to know but we still feel US tech stocks look and feel good with last week’s Thursday low feeling like a panic pivot point that should hold this initial down leg for growth / tech stocks but we reiterate we still feel a decent recovery should be sold.
MM remains mildly bullish US stocks through March
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