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.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Invest in Google if you like --- but that stock split isn't a solid reason to be bullishOPINION: “Insofar as Google’s stock has rallied solely because of its imminent stock split, odds are good that it will soon retreat to what it would have been without the split,” columnist MktwHulbert writes.
Lire la suite »
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.
Lire la suite »
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
Lire la suite »
Police workshop teacher encourages facial recognition at traffic stopsA popular workshop for police encouraged cops to use face scans to ID people they pull over at traffic stops
Lire la suite »
Sherrell Dorsey's side hustle is now a distinct newsletter for Black tech entrepreneursHow one woman's side hustle turned into one of the most distinct newsletters for Black tech entrepreneurs CapitalOneBiz ad
Lire la suite »
Facebook's metaverse business completely misses Wall St expectationsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Lire la suite »