To The Moon

There is no love for hot tech stocks right now, but strategists say eventually that will change because commonsense says it should change.Nevertheless, the lack of love for tech is growing palpable as positions areslashed amid the rise in 10-year yields and a rotation into value stocks.Fund managers cut their tech weighting to the lowest overweight position since January 2009,according to a new survey out this week from Bank of America. The survey found that while 34% of fund managers view being

(March 17) Stocks were mixed on Wednesday, though tech shares fell meaningfully as bond yields were

Outlining the "next set of 'multi-billion' dollar opportunities that could further drive value creation," Evercore maintains an Outperform rating on Appleand raises the price target from $163 to $175 with a bull case of $225 and a bear case of $90.Analyst Amit Daryanani remains focused on the Services and Wearables businesses, seeing a "clear path" to $100B in Services revenue by FY25 and $70B for Wearables. The growth should help drive margin expansion and "help smooth out" the cyclical nature

(March 15) Dow opens higher as blue-chip index looks to add to record.*Source From Tiger Trade, EST

KEY POINTS Microsoft has closed its $7.5 billion acquisition of ZeniMax, the parent company of Beth