Wall Street Unplugged - Your Best Source For Finance, Investing & Economics
The big tech growth story is dead
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:38:44
- More information
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Synopsis
Results are in for Alphabet (GOOG) and Microsoft (MSFT). Daniel and I explain how a strong U.S. dollar is hurting these stocks… and why they don’t deserve to trade at current levels. In fact, a fundamental shift is leading to the collapse of the big tech growth story. (Interestingly, though, crypto seems to be breaking away from tech stocks…) We recap why all the positive earnings results aren’t as good as they look… and share two strategies to profit from this bear market rally. In this episode What’s behind the strong start to earnings season [1:00] Why Alphabet’s earnings were a disaster [6:30] A fundamental shift is killing the tech stock growth story [9:05] Why a strong U.S. dollar is a major headwind for big tech [18:45] Is Bitcoin breaking away from the tech sector? [30:30] Use this bear market rally to multiply your money [32:15] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged p