The market is currently calm ahead of the PPI numbers release and some major US bank earnings. Thursday saw significant market swings, with money moving from big-cap tech stocks to underperforming sectors. We highlight the Canadian market's performance, noting new highs in the TSX 60, mid-caps, and small caps, with notable gains in gold stocks and financials. In the US market, there was a rotation from big-cap tech to other areas, with key indices hitting price targets. Concluding with the performance of major stocks like Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), and Tesla (NASDAQ:TSLA), and reassures that while big-cap tech stocks have pulled back, the overall market remains robust.
This content was originally posted on the Stock Market Timing YouTube Channel