Will The Tech Bounce Continue as the Economy Reopens? Watch The Market Today


The S&P 500 hit new record highs again today as the Nasdaq-100 and technology stocks continue to bounce. But will the trend continue with businesses reopening and the economy recovering from 2020’s sharp slowdown? Should investors consider returning to sectors like airlines and financials that led earlier in the year?

Sarah discusses those points and the market and forward calendar with David Russell of TradeStation. They outline important catalysts like retail sales and the start of earnings season next week. The conversation also focuses on important trends in the cryptocurrency market, where sentiment has shifted toward Altcoins with Coinbase’s (COIN) direct listing expected next Wednesday.

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David Russell is VP of Market Intelligence at TradeStation Group. Drawing on nearly two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them appraised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.