Big day for growth stocks on Friday in US. ROKU up 30%+, Markforged continuing to roar back to life in 3D printing space, Palantir and Ginkgo.
Watch for ARK K breaking out over $50 with conviction shortly.
Relevance to our market is that we may see some life kick back into biotech and growth tech stocks in the next couple of months although seasonally the next couple of months can be jittery. Our rates are likely to go up again which may dent local confidence, and the Voice vote and WA heritage laws are not going to favour investment here.
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- Short Term Trading Week Starting: 31 July
Short Term Trading Week Starting: 31 July, page-8
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