TIMOTHY A. CLARY/Contributor via Getty ImagesInvestors 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.Ives argued that the ongoing pull-back in technology stocks, which send the Nasdaq 100 down about 6% from its recent high, represents a buying opportunity for long-term investors that want to get positioned for the next bull market."We firmly stick with our bullish call that a 12% to 15% [rally] in tech stocks will be in the cards heading into year-end as the new tech bull market has begun," Ives said.Ives' confidence stems from better-than-expected second-quarter earnings results from tech stalwarts like Amazon, Microsoft, and Apple, among others, as well as the growing demand for artificial intelligence technologies."AI remains in the spotlight-driving success for some and headwinds for others.