ECONOMIC SILUET: The tech tyranny is over. These are the stocks driving this market

Senin, 31 Oktober 2022

The tech tyranny is over. These are the stocks driving this market

These are the Stocks Driving this Market

Never have the bulls been more bashful and timid. Never have the bears been so ascendant and so wrong. Oh sure, the bears nailed Meta Platforms (META) and hit Microsoft (MSFT) out of the park. Amazon (AMZN) flopped. So did Alphabet (GOOGL).

But when the bears — with the help of everyone in the media I know — tried to take down Apple (AAPL), they failed. Apple had an amazing quarter, but you had to actually understand something about Apple beyond the direction of the chart to get it right — and buy it hand over fist when the journalists took it down.

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