Continue shorting. Big tech is

2022-11-04

Continue shorting. Big tech is showing weakness and would not recover in the short term.

Wall Street stocks on Thursday had their best day since early January, fuelled by a batch of strong earning reports from Big Tech groups. META reported an unexpected increase in sales; Amazon reported better-than-expected revenue on Thursday; Microsoft surpassed expectations of EPS, revenue and revenue guidance. ---------- [TOPIC] Do you think U.S. tech stocks can ever return to the top? Do you think it is a good time to short or add your positions? ---------- How do you view the earnings of Big Tech? Will you add big tech or short them?

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Comments

EricVaughan
2022-11-04
EricVaughan
I don't think there is a problem with the management of the technology company itself. I think it is caused by economic factors.
- Darrenlee11:
  Economic climate is unfavorable for them so short term weakness is expected.

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