Charlie Zamora
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Big Tech stocks $Apple (AAPL.US)$, $Alphabet-A (GOOGL.US)$, $Amazon (AMZN.US)$, $Meta Platforms (FB.US)$, $Microsoft (MSFT.US)$, $Netflix (NFLX.US)$, $NVIDIA (NVDA.US)$ slid into the red along with broader market weakness on all three major market indexes $Dow Jones Industrial Average (.DJI.US)$, $Nasdaq Composite Index (.IXIC.US)$ , $S&P 500 Index (.SPX.US)$. Most of these companies do not have any significant news of their own to account for the price decline. The slide was due to a number of factors, including market record highs, stretched valuations for stocks and a surging bond market which drives up bond yields. Investors should be prepared for greater price volatility in the near term. While investors may remain confident that strong earnings will support stock prices, more sudden rate swings could drive continued volatility.Those who are concerned with the recent market selldown may be tempted to sell off to reduce exposure to the tech sector. Yet buy the dip strategy may work for high quality companies such as the Big Tech, which are poised for further growth regardless of bond yields or inflation rate. So long as these fundamentally solid companies are able to deliver better financial results, their long term prospects are still intact.
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Charlie Zamora
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Governments of the world's top greenhouse gas emitter are working towards a net-zero future, in which emissions are reduced or offset. So ESG investing has grown in prominence.
Recently, Cathie Wood, whose Ark Invest is the largest active exchange traded fund provider in the US, has filed to launch a passively managed Transparency ETF, a divergence from her trademark focus on innovation.
What is ESG?
ESG is a system for how to measure the sustainability of a c...
Recently, Cathie Wood, whose Ark Invest is the largest active exchange traded fund provider in the US, has filed to launch a passively managed Transparency ETF, a divergence from her trademark focus on innovation.
What is ESG?
ESG is a system for how to measure the sustainability of a c...
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Charlie Zamora
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