Gene Munster: Market Will Hit Bottom After Earnings Season
@Capital_Insights:
This article is an excerpt from Gene Munster, Loup Ventures managing partner, who joined the 'Power Lunch'.Here are the 2 key points of his talk, and may be helpful for investors. if the tech sector is near a bottom? what investors are likely to hear from companies in September? 1. Is the worst over for tech?In this year, it’s a good position for us to have 50% in cash, which may be a bad situation in the last year.Gene Munster said: Tech has bottomed and bottom is not a single point. It is a forming of a bottom and I think we're in the early stages of that. In particular,there are some positive signs: l