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?

avatarTusar
08-15
বড় হয়ে কি পেলাম? মাথা ভর্তি টেনশন ,মন ভর্তি হাহাকার চোখের পানির মূল্যহীন দাম 😅 ইশ!! ফেলে আসা ছোটবেলা যদি আরেকবার উপভোগ করতে পারতাম 💔😊

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 i
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

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

How I Would Trade Meta Platforms (META) In 2024 [Possible Entry Price]

Prior to September 2021, the $Meta Platforms, Inc.(META)$ price chart showed upward movement with short-term, but deep drawdowns. Since the fall of 2021, META has been going through a difficult period related to numerous scandals due to user data leakage, unprofitability of the division in charge of the metaverses, etc. Over this period, the stock price dropped by more than 60%. In 2023, META has moved up more than 170% in 2023. This is a bounceback from a disastrous 2022 and it validates CEO Mark Zuckerberg's declaration that this would be Meta's “year of efficiency.” In this article I would like to share on what are the factors I would consider after looking at META performance from 2021 to 2023, and based on my model prediction, how I would us
How I Would Trade Meta Platforms (META) In 2024 [Possible Entry Price]
avatarJC888
01-05

Santa rally crashed. Sell TSLA, BX, PYPL now?

Crashing Santa Rally? Santa Rally came to a splutter on Wed, 03 Jan 2024, last day of the measuring period — 22 Dec to 03 Jan. (see above) Hmmm, this does not bode well for US market, I say. Of the 2 catalysts that were supposed to help US market rally, one of them is not doing its job. For November 2023, there were 8.79 million jobs opening, a slight decrease from revised October 2023 data of 8.852 million. Actual jobs opening is also lower than Wall Street forecast of 8.85 million. In fact, November’s data is the lowest since March 2021. reflecting a continued cooling in the labour market to end 2023. The latest JOLTS data should be music to the Fed officials. This is because it is another step toward “healthier” labour market conditions. Incidentally, the November JOLTs report also show
Santa rally crashed. Sell TSLA, BX, PYPL now?

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"

BIG TECH WEEKLY | What makes the success of Big-Techs in 2023?

Big-Tech’s PerformanceMarket’s in drawdown mode in the first week of 2024, starting with big-techs, which had benefited greatly in 2023. Crowded trading due to overlap of various factors may exacerbate the speed and extent especially in downturn. At the same time, risk aversion’s coming back, there has been a clear sector rotation in the stock market.As of the close on January 4th, big tech stocks experienced varying degrees of pullback over the past week. Among them, $Tesla Motors(TSLA)$ had the largest decline at -8.99%, followed by $Apple(AAPL)$ at -5.82%, $Amazon.com(AMZN)$ at -5.72%, $Meta Platforms, Inc.(META)$ at
BIG TECH WEEKLY | What makes the success of Big-Techs in 2023?

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!

Big-Techs' Dip: Why dig Amazon First?

$Amazon.com(AMZN)$ is the large tech company that I may consider investing in during this market pullback. Amazon has a strong position in the e-commerce and public cloud sectors, and it is a leader with tremendous growth potential in the future. The company has built a global logistics network to support its growth and has diversified its business into multiple areas, including financial services, providing good opportunities for future growth.Key PointsFrom a valuation perspective, the potential for increasing profit margins and strong fundamentals further support its stock price.Key growth areas: potential growth in e-commerce and financial services.Cloud business: due to AWS's dominant position in the public cloud sector and Q3 showing signs o
Big-Techs' Dip: Why dig Amazon First?

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?

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? 😅
【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) Leadershi
avatarmelson
01-05
$NASDAQ 100(NDX)$ made 9 consecutive weekly gains, usually 5 is the norm. when gains exceed 5 consecutive gains, the pullback will usually be very sharp. hence, looking at the pnf chart, a pullback to 14,500 is possible. this is coupled with market being disappointed with fed official's estimated rate cuts in end of 2024 rather than mar 2024. it is expected that us economy will fall into recession in the first half of 2024. $Apple(AAPL)$  fell with great downward momentum. we might be looking at 173.  $Microsoft(MSFT)$  might be revisiting325. tech stocks are very sensitive to interest rates. sinc

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 challenging
Dollar cost QQQM buy on dips for tech
avatarMrzorro
01-03
Wall Street Today | Stocks Retreat as Investors Lock in Gains US Stocks Retreat After Rallying in 2023 US stocks pulled back on the first trading day of the year, locking gains posted in 2023, as the Magnificent Seven stocks retreated.  A Bloomberg gauge of the seven stocks declined 1.7%, weighing on the S&P 500 and the Nasdaq that are heavily weighted to the tech giants. The $NASDAQ(.IXIC)$   fell 1.6% to close at 14,765.94, its biggest daily decline since October. The $S&P 500(.SPX)$   slipped 0.6% to 4,742.83. The $DJIA(.DJI)$ &nb

"Market Turmoil: Fed Minutes and Economic Worries"

Yesterday's Session Markets experienced another challenging day with consecutive losses for the S&P 500 and the Nasdaq Composite. Even the typically resilient Dow Jones Industrial Average failed to generate gains. The decline was marked by a 1.2% loss for the Nasdaq, while the S&P 500 and Dow recorded declines of around 0.8%. This correction comes after a period of nine consecutive weeks of gains in the markets, catching investors by surprise. $DJIA(.DJI)$ : -0.76% to 37,430.26 - $S&P 500(.SPX)$ : -0.80% to 4,704.81 - $NASDAQ(.IXIC)$ : -1.18% to 14,592.21 Key Events Several factors contributed to uncertainty in
"Market Turmoil: Fed Minutes and Economic Worries"
avatarorsiri
01-05

Navigating Tech Turbulence: A Symphony of Stumbles or the Prelude to a Profitable Waltz?

Worry not, esteemed investors, for the recent ripples in the tech realm are akin to a minuscule hiccup, a mere cha-cha before the grand ball of 2024's bullish festivities. While the Nasdaq's 1.63% dip and VVDA's 2.73% nosedive may have your portfolio attempting the robot, rest assured – it's merely refining its footwork for the upcoming techno-tango. Now, addressing the elephant in the room, or rather, the Meta in the metaverse. A 2.17% descent may have some fretting about Zuckerberg's latest venture into virtual reality, but remember, even Mark occasionally slips on a pixelated banana peel. Microsoft and Amazon, with their 1% descents, are merely catching their breath after indulging in holiday shopping sprees. Picture them loosening their belts post a hearty serving of eggnog and server
Navigating Tech Turbulence: A Symphony of Stumbles or the Prelude to a Profitable Waltz?

"Slow Start to 2024 Continues..."

Yesterday's Session - The $DJIA(.DJI)$ inched up by 10 points (0.03%), while the $S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ slid by 0.3% and 0.6%, respectively. - Both the S&P 500 and Nasdaq have recorded multiple days of decline, with the former down for four consecutive sessions and the latter falling for five straight days. Index Key Events Investors await jobs report, hoping it can reverse the slow start to 2024. The labor market has displayed unexpected resilience. The Bureau of Labor Statistics is expected to report an addition of 160,000 jobs in December. Some forecasts, such as Morgan Stanley's and EY's, predict higher figures, with Bloomberg Economics'
"Slow Start to 2024 Continues..."

Which Big Tech Stock to Pick First?

Obviously, the prominent big tech companies (the "Magnificent Seven") that performed well last year have started to pull back. The stacking of investors' trades often leads to more pronounced downward movements, as an increasing number of quantitative trades, including traditional active funds, have similar risk exposures in these big tech stocks, as well as similar factor exposures.The valuation is certainly one of the important factors. After the crazy surge in 2023, the valuations of several major tech stocks are not low. However, in comparison, $Alphabet(GOOGL)$ $Alphabet(GOOG)$ $Amazon.com(AMZN)$ , and $Meta Platforms,
Which Big Tech Stock to Pick First?