
Tech Breadth Rebound Bullish, Consolidation & RSI Slows Momentum
Schwab Network · Schwab Network
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Show Notes
Charles Schwab's Kevin Gordon says the rebound of tech breadth is a strong bullish indicator for markets, but maintaining momentum will be hard. Nathan Peterson talks about recent market consolidation getting in the way of further breakouts. He urges investors to keep an eye on technical, particularly RSI, as many stocks become overbought. Kevin also goes over today's jobless claims print and what it means for the broader labor market.
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