Slide in Crude Oil, Yields "Extremely Attractive" for Stocks, Mag 7 Lead Momentum
Community Score: 50% | 1.3K views | 3w
0 community ratings: null thumbs up, null thumbs down
The macro set-up is "extremely attractive for stocks," says Kevin Hincks, who points to crude oil near $90 and a pullback in the 10-year Treasury yield helping bullish sentiment. He adds that the Mag 7 reclaiming market leadership offers a boost of confidence. While market breadth has waned in the rally, Kevin believes it will improve so long as tech maintains the strength. Sticking with the Mag 7, Kevin discusses Meta Platforms (META) and its Muse AI product that ushered in a rally for the stock. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - Subscribe | Schwab Network Download the iOS app - Schwab Network App - App Store Download the Amazon Fire Tv App - Amazon.com: Schwab Network : Schwab Network: Audible Books & Originals Watch on Sling - Watch Schwab Network | Free TV Channels on Freestream Watch on Vizio - https://www.vizio.com/en/watchfreeplus/catalog/live-tv-channels/3123029569/schwab-networ
More from Schwab Network
- META's Path to $800: Jason Ware Sees Bull Case in AI ROI as CapEx Grows — Score: 50%
- "Tale of Two Chinas:" Hot AI Trade Meets Cooling Consumer Activity — Score: 50%
- Stock Market Today: MU Hits Highs, QCOM Deal & AAPL Falls — Score: 50%
- Strive CRO on Bitcoin's Buy Opportunity, Crypto Volatility & SATA — Score: 50%
- Thursday’s Final Takeaways: PCE, Markets & Tech in Focus — Score: 50%
- Bitcoin Breaks Key Technical Level as Crypto Awaits Regulatory Clarity — Score: 50%