The first week of 2024 was a rough one for stocks—and that, oddly enough, suggests we might see a good year for stocks in 2024.
But as we’ll discuss, recent market moves also suggest some parts of the technology sector are starting to look just a little overbought now—especially one 6.2%-yielding tech-focused closed-end fund (CEF).
I know that’s a lot to lead off with, so let’s break it down.
This post originally appeared at Contrarian Outlook.