Key economic data, including housing permits and industrial activity, are set for release before the market opens. Tuesday saw significant gains for homebuilders and the Dow, with notable performances from United Healthcare, Caterpillar (NYSE:CAT), Boeing (NYSE:BA), and Home Depot (NYSE:HD). Take some profits off the table but not fully liquidating positions. The Nasdaq faces ongoing resistance, and the "Magnificent Seven" stocks are pulling back. Shopify (TSX:SHOP) experienced a notable rise due to an upgrade but is also seeing a pre-market dip. The bond market's rise, contributing to lower interest rates, is also highlighted.
This content was originally posted on the Stock Market Timing YouTube Channel
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