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Investors Own Too Many Tech Stocks and That’s Not Good

May 13, 2023
in Trade Tube
Reading Time: 1 min read
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Get over that tech stock obsession, quickly.

The market is looking vulnerable to the downside in light of Facebook’s second quarter earnings meltdown. Stocks are seeing slowly momentum more broadly despite a strong second quarter earnings season, not a good sign.

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Meanwhile, Tesla CEO Elon Musk must be on his A-game if he wants to prevent an earnings-driven selloff on Aug. 1.

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