At the start of this month we were talking about April’s strong historical record. But as we know, records mean nothing. This month was brutal especially for the Nasdaq. It posted its worst monthly performance since 2008.
Amazon Disappoints… Apple Delivers
Meta (aka Facebook) helped advance tech stocks today… however the reprieve may only be temporary. Investors snapped up the social advertising leader – which showed a small increase in DAUs (Daily Active Users) and ARPU (Average Revenue Per User).
Nasdaq: On Pace for Worst Month Since 2008
The Nasdaq is on track for its worst month in 14 years. Google, Amazon, Apple, Microsoft and Facebook are all well off the highs. Netflix has lost more than 60% of its value…can the sector find support? And where?
Markets Brace for a ‘Hard Landing’
This week more than 35% of the total S&P 500 market cap report earnings. Of that – 25% comprise just 5 names: GOOG, MSFT, META, AAPL and AMZN. It could be “make or break” for the market… pending how these names hold up….
For a full list of posts from 2017…