Healthy pull-back in NASDAQ

4 במרץ 2021

Tech stocks have retraced around -9.4% from their all time highs. I expect the FED to continue to reiterate that they will be keeping rates low for a long while. This should see interest rates settle from their recent pick-up. On this basis, I expect the bullish trend to continue out of this pull-back reaching new all-time-highs by mid-summer.