Daily Note | July 16, 2024 | NBH Raises Big, NPCT Trim, Muni CEF Anamolies
This didn’t publish yesterday… sorry for the delay
The Dow is up big, along with small caps, but the Nasdaq is down. The rally continues to broaden beyond the big tech names. Today, banks are driving the market with Bank of America and Morgan Stanley advancing strongly after earnings came in better than forecasted.
Investors are now betting that the Fed c…
