Today we talk about what might eventually top out Big Tech

The ECB cuts rates, Canada cuts rates, Jobs numbers tonight, Market closed on Monday

The lull before the Jobs Number tonight – hopes for a good one as rates keep dropping and Big Tech keeps popping.

ASX 200 pushed 38 points higher to 7860 (+0.5%) for a third day of gains. Up 2.1% this week. Today resources took up the running, the Three Amigos of Iron ore kicked higher, BHP up 1.1%, and FMG rallying 1.3%.

Wall Street closed higher overnight, ending near best levels driven by gains in tech stocks while the market digested the latest economic data, which may support an earlier rate cut. S&P 500 rose for a fourth consecutive session, up 1.18%, hitting its 25th record this year, while the NASDAQ advanced 1.96%, led by NVIDIA +5.2%…

Big Tech booms as bond yields drop – the perfect recipe for a bull market