Fed's upcoming commentary and the tech sector's resilience

The market seems to be front-running some of the anticipated Fed commentary later this week, especially after the recent jobs data. You've got companies like $ZS, which is up over 3.88% today, closing in on its day high of 182.00, suggesting that the broader tech sector, at least certain names, might be holding up better than initially feared against the higher-for-longer narrative. While everyone is watching for clues on rate cuts, I'm more focused on the subtle shifts in language regarding inflation and growth. A strong tech print here or there doesn't make a bull market, but it does highlight potential pockets of resilience. I'm keeping my watchlist tight around companies demonstrating strong balance sheets and less sensitivity to immediate rate hikes, as any dovish pivot, even a minor one, could see them re-rate quickly. The key will be if this tech strength is isolated or if it signals a broader shift in sentiment beyond just speculative plays.