If you don’t own each of Apple, Microsoft, Google or Amazon – you should consider it. These are four of the highest quality companies listed globally for good reason… the only question to ask is what premium you should pay… and not whether you should own them.
Big Tech Q2 Earnings: Mixed Bag (So Far)
The market exhaled post Q2 earnings from MSFT and GOOG. In short, demand is not falling off a cliff. To be clear, earnings were not great… but they still both posted double-digit top line growth in a tough environment.
Tech Pummeled… But “Fear Index” Still Low
In three sessions – we’ve seen over $1 Trillion of market cap wiped off mega-cap tech names. And whilst we’re closer to a bottom – where valuations of some companies are attractive – there’s likely more downside yet.
Where Do We Go From Here?
How much more volatile could things get? Does it get worse? Or have we found bottom? My best guess: expect greater volatility; more pain ahead; and it’s unlikely the selling has finished.
For a full list of posts from 2017…