Dow Futures rise as Bitcoin hits new highs: Fed meeting, Nvidia, Palantir in focus: What to do now

Market gains have been mixed this week, with the Nasdaq edging higher and a number of bellwethers showing strong momentum. The S&P 500 is at a high. Weakness in market breadth, including weakness in small-cap and RSP weighted ETFs, is a concern.

Not many stocks are sending buy signals, and a lot of stocks are going up. A market pause or moderate pullback may help the bellwether form a handle, complete the base, or fall to the key moving average in a decent fashion.

So stay committed to following the list while maintaining a high level of exposure.

The Fed meeting is the main focus of the last five days of the market week in 2024. Micron Technology’s (MU) earnings report was eye-catching, but Micron stock has been a laggard for months.

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