Tech Stocks Pullback: What's Next?

After the start of the new year, tech stocks came under pressure, with IXIC dropping by 1.63%. NVDA witnessed a 2.73% decline, Meta fell by 2.17%, and both MSFT and AMZN experienced a drop of over 1%. ------------- Where might tech stocks pull back to? At whar price will you add tech stocks?

Baidu Q4: Why The Stock is Dropping Despite Massive Solid Earnings

In its earnings release for Q4 and FY 2023, various line items in Baidu, Inc ($Baidu(BIDU)$, $Baidu, Inc.(BAIDF)$ or $BIDU-SW(09888)$) – ostensibly China's answer to Google – has shown arguably the best performance in recent years. Despite this, the stock is said to have missed expectations resulting in the stock price dropping. Whether these expectations were high merit a closer look.  Trend Drilldown Baidu can be considered to have four distinct main businesses: "Core" which drives revenues much like Google Search does. "Core" also includes the Baidu App Store (much like Google Play) and Android-based smartphone operating system Yi.  "iQIYI" which
Baidu Q4: Why The Stock is Dropping Despite Massive Solid Earnings

[ICYMI Due to NY] Airbnb Q4 Earnings: Growth Slowdown Continues

Airbnb, Inc ( $Airbnb, Inc.(ABNB)$ ) started out with the goal of being “different” from mainstream hotels and lodges by offering experiences via what could be construed as “VERY short-term leases” with the lowest amount of hassle from end users. In a time of “revenge spending”, i.e. an incremental increase in consumer spending after an unprecedented adverse economic event, the company was supposed to do well. Despite this, the stock’s earnings per share (EPS) missed analysts’ consensus expectations of $0.70. The reasons why are an interplay of a number of ancillary factors paired with key line item trends. Trend Studies In absolute terms, the company’s line item trends are a decidedly mixed bag when comparing yearly trends (“1st-order”) vs trend
[ICYMI Due to NY] Airbnb Q4 Earnings: Growth Slowdown Continues
$Alphabet(GOOG)$  Google lays off 700+ employees at Bay Area offices ❗ Is AI replacing workers is getting sooner than expected ❓🥺

Two Neglectable Advantages for Meta in 2024!

After the iOS privacy policy change in 2022, $Meta Platforms, Inc.(META)$ was temporarily abandoned by investors, but its strong user technology helped it to recover quickly. With ongoing improvements in monetization, as well as continued efforts in Reels and WhatsApp, Meta's stock price has reached new highs.The current consensus price target for the market is $385, with companies that have recently updated their price targets all raising them to over $400, and some as high as $470.Investment Highlights- Stable user base, strengthening monetization of Reels, and potential market share growth for the Facebook shop.- Two major opportunities in 2024: the demand for Chinese businesses (e-commerce, gaming) to go global, and advertising spending in the
Two Neglectable Advantages for Meta in 2024!
Pullback will be short term I feel. Probably 2nd half of the year will see some improvement 
I think the tech pullback is temporary and tech stocks will continue their upsurge in the rest of 2024, bearing in mind the growth in AI.
Personally felt the pullback is only for short term.  To make good profit within 4-5 years, still feel tech stock is good for long term investors.
$NVIDIA Corp(NVDA)$  Nvidia’s New China Pickle: Customers Don’t Want Its Downgraded Chips

Tech Stock Retreat Vs. "The Landing"

Almost as if a switch was pressed, the Nasdaq Composite - which encapsulates almost all Nasdaq-listed stocks - collapsed 1.63% in the first day of trading from the highs of 2023. This was the 4th worst start to a new year since 1972 and only the 5th time that it has started a year with a one-day drop of more than 1.5%. In the first week of the year, the index fell another 1.64%. Within the "tech heavy" Nasdaq-100 ($NASDAQ 100(NDX)$ or $Invesco QQQ Trust-ETF(QQQ)$), pharmaceuticals ruled the roost in terms of momentum; tech was virtually nowhere to be seen in the Top 25 list - a massive shift in trends seen in Q3 and Q4 of 2023. In holistic terms, the index isn't rising: the one-day drop for the Nasdaq
Tech Stock Retreat Vs. "The Landing"
Come on don't loose hope the best 4 traders No I'm still sticking beside you's I HAVE FAITH IN YOUS 👍👍 👍👍
Tech(ing) a breather Tech stocks have performed admirably well towards the end of last year. And they carried the indexes along with them especially names such as Microsoft and Apple which carry such heavy weightings in the indexes, where they go, the indexes follow.  As such I make it a point to follow them closely so as not to get bamboozled. The other reason is that I believe tech will do well going forward in the long run. In the short term, I think they are a bit long in the tooth though. The technical patterns indicate they are in the last stretch of the ongoing wave upwards. These patterns do have the trend on their side though and they can still stretch especially on momentum. And momentum is on their side despite the overall pattern.  As such I believe the market still m

Dollar cost QQQM buy on dips for tech

**Heading: Dollar-Cost Averaging (DCA) into QQQM ETF During Tech Retreats 💰📉** **Introduction: Market Dynamics and Dollar-Cost Averaging** In times of tech market retreats, adopting a dollar-cost averaging (DCA) strategy into exchange-traded funds (ETFs) like QQQM can be a prudent approach. This method involves investing a fixed amount of money at regular intervals, regardless of the asset's price. Here's why it makes sense, especially in the context of QQQM during tech downturns. **Point Form: The Logic Behind Dollar-Cost Averaging 🔄** - **Mitigating Market Volatility:** Tech sectors are known for their inherent volatility. DCA helps mitigate the impact of short-term price fluctuations by spreading investments over time. - **Reducing Timing Risk:** Predicting market bottoms is challengin
Dollar cost QQQM buy on dips for tech

Big-Techs' Dip: Why Google Still Cheap?

$Alphabet(GOOGL)$ in my opinion, is a company with low risk, stable performance, excellent asset quality, and the ability to benefit from both inflation and interest rate cuts among major tech companies. In 2024, although Google's revenue growth may be slow, the expected profit growth will be higher, and it is also poised to gain a higher market position in the field of AI. $Alphabet(GOOGL)$ Investment Highlights- Google's advertising business has been growing steadily for a long time. In the potential structural adjustments in 2024, it is expected to achieve higher operational efficiency, thereby improving its profitability.- Its dominant position in the advertising field enables it to benefit from the
Big-Techs' Dip: Why Google Still Cheap?
Tech Stocks could bounce back in 2024 if: New Cool Tech Stuff: If tech companies launch awesome new products, people get excited, and stock prices may go up. More Money: If tech companies make good profits and show they're growing, investors are likely to buy their stocks. Everybody Wants Tech: If lots of people and businesses really want the tech products being sold, that can drive up stock prices. World Economy Improves: If the global economy gets better, businesses might spend more on tech, which is good for tech stocks. No Troubles with Rules: If rules and regulations are clear and not too tough on tech companies, it can make investors more confident. Buying Other Cool Companies: If tech companies buy or team up with other cool companies, it can make them stronger, and investors might
avatarzeeling
01-07

Join Tiger with me

Find out more here: Join Tiger with me Open your account and make your first deposit to unlock free rewards!
Join Tiger with me
【Voting Post】NVIDIA Corporation (NVDA) $NVIDIA Corp(NVDA)$   is a well-established player in the semiconductor industry, known for its expertise in graphics processing units (GPUs) and artificial intelligence (AI) technologies. As of my last knowledge update in January 2022, let's delve into the potential factors that might make NVIDIA a noteworthy stock to consider for 2024. 1. Dominance in Graphics Processing Units (GPUs): NVIDIA has long been a leader in the GPU market. Its graphics cards are widely used in gaming, professional visualization, and data center applications. The company's GPUs are known for their performance, efficiency, and versatility, giving NVIDIA a significant competitive advantage. 2. Artificial Intelligence (AI) Leaders
$Intel(INTC)$  Bullish in Intel due to the following  Intel has been quite active in the AI space lately, making several significant announcements in the past few months: New Chips: Core Ultra: Launched in December 2023, Core Ultra processors feature Intel's first on-chip neural processing unit (NPU) for faster AI tasks on PCs. This marks a big step for bringing AI capabilities closer to users' everyday workflows. 5th Gen Xeon AI: Also announced in December, these server chips boast improved AI performance and efficiency compared to previous generations, catering to data centers and cloud computing. Gaudi3: This AI accelerator specifically targets generative AI applications like text and image creation, making
Tech will always be in our life. Pullback is only temporary but stock prices rising is a certain.

3 Key Factors & 2 Big Risks Behind the Recent Sell-Off: SPX, QQQ

The recent stock market sell-off in early January has made some investors nervous about whether the bull market can continue in 2024.The following content credit to LEL Investment LLCSummaryRecent stock market sell-off driven by short-term overbought conditions, Fed rate uncertainty, and year-end selling pressure. $Invesco QQQ Trust-ETF(QQQ)$ fundamentals remain strong with improved financials and ROE above threshold, while $SPDR S&P 500 ETF Trust(SPY)$ fundamentals slightly deteriorated but still above threshold.Red Sea crisis and systemic risks should be monitored, but overall, the US economy remains competitive and stable for long-term investment in broad market ETFs.It's clear to us that the recent
3 Key Factors & 2 Big Risks Behind the Recent Sell-Off: SPX, QQQ

Santa Went AWOL, Now What? 😅

$Invesco QQQ Trust-ETF(QQQ)$  Stocks have experienced a shaky beginning in 2024, with initial losses followed by slight gains on Thursday. ⚠️ Trading tips: looking at NVDA calls above 480 and puts below 475 after NFP data on Friday. Took the calls as posted yesterday? 🤩 Marc Chaikin, founder and CEO of Chaikin Analytics, believes that this current pullback does not signify an end to the rally that began in late October. Chaikin highlighted his perspective, especially for the 493 stocks in the S&P 500 that fall outside the realm of the so-called Magnificent Seven tech giants. He pointed out that this period could be particularly significant for these stocks, suggesting potential opportunities outside the tech sect
Santa Went AWOL, Now What? 😅