Markets began a potential bottoming process on May 12. Support levels started to form in a sideways consolidating pattern. The fallout from the Fed’s rate hike a week earlier eased. Markets had aggressively corrected with the Nasdaq deep in bear territory and the S&P edging closer to the designation. Which direction do we go from…
Meta Platforms (FB), the artist formerly known as Facebook, posted a disappointing round of earnings. Investors fled for the hills as the stock tumbled 21%. To put it into perspective, FB lost approximately $180 billion in market cap last night, roughly the size of AT&T! Does this wash out mean it is time to buy?…
Markets have been on a wild ride in 2022. Tech has been burned as investors move out of growth names. However, there is one tech name that provides an opportunity in this environment. International Business Machine (IBM) posted its Q4 earnings Monday night. The results were encouraging, and the company’s free cash flow and revenue…
