This debate is obviously crucial for the market going forward. Everyone is acutely aware of how important it is for tech high-fliers to avoid an Icarus moment until we finally see the fabled “rotation” back into value or, more simply, until another sector proves it’s capable of taking the baton in this aging bull market.
Are the regulatory demons real?
“I think the really interesting thing is it shows sort of the kind of fairyland that FANGs have been operating in.”
If this were a reality TV show, the ratings would indeed be “tremendous”.
Tuesday was another day that had a distinctly circus-like character to it…
After Monday’s rout on Wall Street, the same people who were asking if the near-term pain was behind us as stocks rallied into quarter end last Thursday will probably be tempted to ask something similar on Tuesday assuming the bottom doesn’t fall out immediately.
So if you’re an Amazon shareholder or really, if you’re long stocks in general, just consider what’s going on here.
Who knows! That’s the fun of it, right?
It was only fitting that the quarter should close in dramatic fashion for U.S. equities.
It should be fine. Really.
…so buy that dip!
“Tremendous” things are happening.