Market tech concentration may persist for years: Market trends

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Big Tech,Market Concentration

Market concentration continues to narrow in on Big Tech. With no large catalysts, the market can maintain this pattern for some time, data suggests. Still...

Market concentration continues to narrow in on Big Tech. With no large catalysts, the market can maintain this pattern for some time, data suggests. Still, there are other stocks and sectors to watch, as Yahoo Finance reporterUs stocks close, little change as investors assess fresh economic data while also looking ahead to the latest reading on the fed's preferred inflation gauge.

So I'm gonna, I'm gonna go down to a one year chart and specifically with candlesticks, you can kind of see what's happening here.I would expect some continuation and this is a stock, you know, a lot of people pay attention to it.What are you seeing?You can also take a look at XB. If there's no big catalyst, if everything doesn't fall off together, you can just kind of persist this way for years, take it easy, relax.And let me show you, this is uh this purple line is the average of the vics uh throughout the year, going back all the way to 1990.And so you can see it's not a perfect correlation here, but it kind of, it kind of fits rather well.

And if you're really paying attention here, the big spike up in the Vicks that tends to happen in September, October.BCE's dividend yield is high but beware of a dividend yield trap. The post Is BCE Stock a Smart Buy Now for Dividends? appeared first on The Motley Fool Canada.The Canadian market has shown robust performance, with a gain of 1.1% recently and an impressive 9.9% increase over the past year, alongside expectations of earnings growing by 15% annually.

 

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