US equities rallied on Friday following better than expected earnings reports; Alphabet's admission that it needs to reverse some of the business decisions it made during the pandemic; and members of the Federal Reserve arguing for a moderation in interest rate hikes. One interesting observation: US monthly new home sales for December were reported on Friday at 4 million, well below the 5 million seen during much of the last decade. Mensur Pocinci, Head of Technical Analysis Research, makes the case for the Nasdaq and Swiss small- and mid-caps.00:14 Introduction and markets wrap-up by Mike Rauber (Investment Writing)03:33 Technical update by Mensur Pocinci (Head of Technical Analysis)05:33 Closing remarks by Mike Rauber (Investment Writing)