Why Airbnb Stock, Duolingo Look Bullish As Tired Tech Sector Signals Leadership Rotation

Why Airbnb Stock, Duolingo Look Bullish As Tired Tech Sector Signals Leadership Rotation·Investor's Business Daily
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New market leadership from the likes of Airbnb stock and Duolingo may provide investors with shelter if tech names might start getting tired even as the stock market rally continues. Stocks faded from intraday highs but continued their advance on Thursday, boosted by comments from Fed Chair Jerome Powell signaling rate cuts later in the year. "A market like this is innocent until proven guilty," David Keller, Chief Market Strategist at Stockcharts.com, told Investor's Business Daily's "Investing with IBD" podcast.

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