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Thursday’s action showed strength across the board, but continued the trend of the S&P and Dow showing more than the QQQ. Some of the blue chip tech names have really struggled to recover recent losses. However, these names likely provide the most upside volume should we see the bull charging yet again.
With the stimulus signed, we can now begin to focus on economic reopening and start to sort out the long term effects of the pandemic in both sectors and individual companies.