Internet stocks continue to surge as Nasdaq hit record |
Sector divergence continues |
Fed shrank balance sheet; HSI capped by 100-day MA |
New economy stocks outperform on doubts about economic recovery |
HSI rebounded but with lower turnover |
HSI momentum limited by risks of virus second wave |
HSI may test 23,000 |
Internet sector may outperform on worries of virus second wave |
HSI may test uptrend support on feasr of second virus wave in US |
HSI resistance at 100-day MA; Fed maintains QE pace |