Big Tech Earnings Are Better Than Expected
With the exception of Meta Platforms, the Big Tech Earnings from Apple, Microsoft, Amazon were not as bad as it was feared. Consequently the sentiments in the markets were more optimistic and that has fuelled the current market uptrend.
However we are not out of the woods. Inflation is still high and the Feds are still increasing interest rates. The war in Ukraine is still ongoing. Oil prices are still elevated due to supply constraints with the ongoing ban on Russian oil by US and its allies.
Nonetheless I will continue to stay invested in quality stocks like Apple, Microsoft as they will continue to grow exponentially in the future. It is time in the market that counts, not timing the markets.
However we are not out of the woods. Inflation is still high and the Feds are still increasing interest rates. The war in Ukraine is still ongoing. Oil prices are still elevated due to supply constraints with the ongoing ban on Russian oil by US and its allies.
Nonetheless I will continue to stay invested in quality stocks like Apple, Microsoft as they will continue to grow exponentially in the future. It is time in the market that counts, not timing the markets.
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