Get Ready Now for a Great Buying Opportunity
The tech-heavy Nasdaq rebounded some today, and is now down about 1.5% from its 52-week high on Monday. Tech has led this massive rally going back to late October, and it led the charge most of January until pulling back. The shallowness of the dip illustrates the strength of the market. In fact, I wouldn’t have minded a bigger dip – which we are likely to see anyway. That dip should be one of our best buying opportunities of the year, because the data points to much more upside beyond that.
