Daily Note | January 4, 2024 | Trim Some Names?

Markets are mixed this morning as the Nasdaq is now down for a 5th straight day. Technology stocks are getting smacked in the face this week with Apple down nearly 5%.

We did get the ADP labor report which showed 164K jobs being created, more than the 130K estimated. The bigger jobs report is tomorrow along with ISM services - both of which could help sh…