Enter Now or Take Profit From Mag 7?
@Tiger_Chart:
The US retail sales in July released on Thursday exceeded expectations and grew by 1% month-on-month. The number of first-time unemployment claims in the United States fell last week, falling for two consecutive weeks to a new low in more than a month, alleviating investors' concerns that the United States may fall into an economic recession.On Thursday, the US stock market continued to rise. The $S&P 500(.SPX)$ rose 6.6% in the past six trading days, the largest six-day increase since November 2022, and wiped out all losses this month, including last week's "Black Monday", and closed at a new high since July 23.Since the black monday on 5th August 2024, several major technology companies experienced a significant rebound in their stock prices