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Market Impact: 0.25
The ‘Magnificent Seven' has its mojo back and is poised to reach fresh highs
Source: marketwatch.com
Market Technicals & FlowsInvestor Sentiment & PositioningTechnology & Innovation
Fundstrat says the Magnificent Seven mega-cap technology basket is nearing a technical breakout that could trigger a sharp rally in large-cap tech. The report is a bullish market call rather than a new fundamental development, but could support investor sentiment toward the sector.
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