Friday saw US equities rally on further buying in the influential tech sector which over the week alone gained a solid +4.7%, the underlying trend through reporting season has been “not too bad” is good enough which has enabled the S&P500 to close out last week at a 7 week high.
- We still have an ideal target for the S&P500 index in the 4300 area with the tech heavyweights starting to feel capable of dragging the index towards this target.
MM remains mildly bullish on US equities into early 2023
Add To Hit List
