Investors got ‘complacent’ owning Big Tech stocks: Market expert

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

México Noticias Noticias

México Últimas Noticias,México Titulares

Penn Capital CIO Eric Green discusses volatility in the market.

Well, clearly, investors got lazy and complacent owning these large technology, mega technology stocks, and Facebook had a disappointment. Netflix had a disappointment. The market is broadening out, and it's about expectations and expectations were missed from the big companies. And then these other companies that reported last night - expectations got very low and sentiment was very low, and they came out with good numbers and good guidance. So you've had this big bounce.

It is remarkable that you said that Facebook had the biggest move down in from a market cap standpoint. Yesterday, we'll probably see today the biggest market cap up in the history of the market with Amazon. So a lot of volatility there. I think investors need to focus on more than this handful of big cap companies.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 458. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

This market-timing model has made stock investors more money than the 'Super Bowl Predictor'OPINION: The odds the stock market will rise this year are essentially the same regardless of who wins the Super Bowl, columnist MktwHulbert writes. MktwHulbert Are we seriously looking at the outcome of the SuperBowl to determine what the stock market will do?
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

How a small ice-cream-truck company raised a $2.2 million seed roundVCs have so much money that a small New Jersey ice-cream-truck company just raised a $2.2 million seed round
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Facebook's metaverse business completely misses Wall St expectationsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Shocker For any account issues Kindly contact bruce125689 on Instagram he helped me with Mine Good
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »