Markets Dodge Three Bullets

Fed, AAPL Earnings, Jobs Report: Stocks Unchanged

Tech Outperforming S&P By A LOT

No question: QQQ has done very well this year, as the AI-powered enthusiasm has benefitted the largest (NVDA, MSFT especially). However, we are now here.

Does this mean it cannot go higher? It doesn’t mean that at all. Overdone? Perhaps, but perhaps not. The arguments are difficult and you can build a very good case.

• MSFT A…