The angst over Big Tech is growing, and until the parabolic rise reverses, major stock market averages are likely to continue to grind higher.
The full post can be found here.
Wednesday, August 26, 2020
Tech is eating the market
Mid-week market update: I have written about how Big Tech is dominating the market. Here is another perspective of how tech stocks are eating the market. The combined market cap of FANGMAN (Facebook, Apple, Nvidia, Google, Microsoft, Amazon, Netflix) is reached all-time highs and nearing a total of $8 trillion.
The angst over Big Tech is growing, and until the parabolic rise reverses, major stock market averages are likely to continue to grind higher.
The full post can be found here.
The angst over Big Tech is growing, and until the parabolic rise reverses, major stock market averages are likely to continue to grind higher.
The full post can be found here.
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