Tech stocks down today mainly due to 2 things

来源: 2024-11-27 08:56:58 [旧帖] [给我悄悄话] 本文已被阅读:

1: Bad earning from a number of companies last night: Dell, HP, Workday, AutoDesk, Crowdstrike. These companies are not leading companies by any means, but people need an excuse and they find it in these reports

2: Semi sectos continue its bear market movement (we have predicted this in early Sept) due to tariff concern, bad PC/smartphone demand, and slower industrial recovery. Peronsally, I think Semi is moving closer to the bottom. Maybe some last wave shake-off to take another 10% off, but it is no longer as expensive as it looks in early Sept.