Tag: tech stocks
3 Tech Stocks To Buy As Their Trends Reverse Higher
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Sentiment is warming in the land of technology companies The market recovery reached two significant milestones Tuesday. First, the S&P 500 closed above its 200-day moving average, officially placing it back on the high side of all major averages. Second, the Nasdaq, which has seen serial underperformance, closed above its 50-day moving average for the first time in over […]
One Way To Take Advantage Of The Volatility In Tech Stocks
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Tech stocks have the started the new year with elevated volatility and quite a bit of selling pressure. The most popular tech index, Invesco QQQ Trust (QQQ), is down 5% for the year and has seen a handful of large percentage moves already. One strategist is looking to take advantage of the volatility by using […]
3 Stalling Tech Stocks To Sell
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Rising bond yields are taking tech stocks out at the knees Tech stocks are stumbling this morning amid fears over the rapid rise in bond yields. This is a movie we’ve seen before. In February, a similar surge in interest rates led to a sharp correction in the Nasdaq. That episode delivered a 12% haircut before […]
3 Tech Stocks To Play Ahead Of Earnings
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Reduce risk into earnings for AAPL, MSFT and AMD stock Tech stocks are running into earnings season with big profits in the bag. Sector leading companies like Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) have generated double-digit gains since their last quarterly reports. Shareholders’ hopes are running high that the upcoming earnings will be good enough to keep the rally […]