Up or Down Next? A few sectors might stay strong anyways

April 28, 2024 Update

The NASDAQ had a strong recovery last week (up 4.2%):

In the very short term, the market was oversold and a bounce was a possibility. Now the question is… what’s next?

Here is what I like: The economy keeps improving and the current GDP Nowcast for Q2 sits at almost 4%!

And what I don’t like: inflation is picking up again, slightly, and there are no signs…