Stock market trader Peter Tuchman
  • Investors should buy technology stocks ahead of a year-end rally, according to Wedbush's Dan Ives.
  • Ives said Friday that the combination of solid second-quarter earnings and a less hawkish Fed should boost stock prices.
  • "With the Fed waving the white flag on rate hikes, we see a green light risk-on environment into year-end," Ives said.

The combination of solid second-quarter earnings results and a less hawkish Federal Reserve means investors should start buying technology stocks, according to a Friday note from Wedbush analyst Dan Ives.