Moonlight23
2022-11-05

"The best day to have started investing was yesterday"

This however, wasn't true over the past 6 months or so. In fact, it probably will not be true for the foreseeable future too, considering the big tech industry has been sliding and will continue to slide with poor guidance and rising rates. 

However, having said all these, I do believe that one with capital should take a small position in big tech, considering the large investment moats each of these companies have. As price continues to go down, one can consider to continue adding these stocks to your portfolio. With time, assuming inflation finally goes down, this accumulation phase may finally pay off.

Big Tech: Good time to add/short?
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?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • jon_
    2022-11-07
    jon_
    thanks for your wisdom
  • snoopy123
    2022-11-05
    snoopy123
    I think that statement was meant to tell us the urgency of investing and not so much as timing the market.. so I think yesterday here is not literally yesterday per se.. [Observation]
  • RedpillBluep
    2022-11-05
    RedpillBluep
    Thanks for sharing
  • kahhin
    2022-11-05
    kahhin
    yo
  • Delz
    2022-11-05
    Delz
    Ok
  • 哈儿jr
    2022-11-05
    哈儿jr
    👌
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