Tech Rally Faces a Reckoning Ahead of Tough Earnings Season

Bloomberg2023-04-10

Majority of investors expect earnings to drive S&P 500 lowerTight financial conditions, recession, inflation are key risksThis year’s 20% rally in US technology stocks is decoupling from reality ahead...

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Comments

  • BlogArca
    2023-04-10
    BlogArca
    Tech stock is shorting now
  • Controverse
    2023-04-10
    Controverse
    The problem most Americans have is their     Lifestyle. They don't except that in principalyou can't afford to spend extremely more money as you earn! Why do you think this tech rally will face a very tough Earnings Season? Quite simple the prices of the equities in General shoot wit hout any reasonable reason to the moon! The shareprice doesn't represent the real price of the company!!!!!!!! Sounds very logicalto me that now With a recession already visible in the horizon the only thing the Indici can do is falling of the cliff. FromThe 14th of April the companies start presenting their outcomes. I'm afraid most of them can't give or won't do any prediction for the rest of the year. That's the trigger forthe Indicies to show more
    • Yolofomo101: 
      Gd
    • JC888: 
      Why am I leaning towards agreeing with u?
    • LesterTan: 
      I think the coming earnings will be decent or even positive for the big techs like google, meta & amzn.
    • MartinChua: 
      ok
    • jaffer: 
      ok
  • winnerking
    2023-04-10
    winnerking
    ok
  • Guavaxf30
    2023-04-10
    Guavaxf30
    I have to say that I too feel it is right to exercise extreme caution.  The recent avalange of tech layoffs is because these companies are expecting a cold winter. Even Alibaba's news about a breakup needs deeper scrutiny. Look how they configure the breakupto get an idea. I believe it is to protect and firewall their crown jewels and to pass off the others.
    • Guavaxf30: 
      Thanks.
    • Aqa: 
      Liked & comment, suport my friend.😊👍🏻👍🏻👍🏻
    • Lord_Kuberan: 
      Is alibaba exercising any rights ?
    • roanngoh: 
      Ok
    • LesterTan: 
      Buy when there’s fear on the streets or you may regret. My 2 cts worth.
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