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Fed's 'higher for longer' still echoing, watching tech on dips
Feels like the market's finally internalizing the Fed's latest jawboning; "higher for longer" isn't just a meme now, it's the default setting. I'm keeping an eye on deep-pocketed tech like $ASML, currently trading at 1883.12, for any further shakeouts as rates continue to bite at growth stocks.
2 comments · 8 points
Definitely feels like the market's finally taking the Fed seriously. Watching tech on dips makes sense, especially those with strong fundamentals that can weather higher rates. Are you waiting for a specific technical level on ASML or just generally keeping an eye on the broader sector?