How To Balance The Current Slowdown With The Certainty Of Future Growth - Seeking Alpha

technology

I recognize that I have been calling for strength to return to my "Tech Titans" list for months. I started accumulating Alphabet (GOOGL) and Amazon (AMZN) as they prepared to split, I added Microsoft (MSFT), then it was only natural to start building up Adobe (ADBE), Intuit (INTU), and ServiceNow (NOW). Most of my portfolio for long-term trading consisted of technology at that point. Then it became clear that oil names traded separately from tech according to a different set of economic data. The energy sector was also clearly outperforming the overall markets. Then last week GOOGL, and AMZN reported, and it was clear that the cloud was slowing down.

seekingalpha.com     Nov 08, 2022