WHAT’S NEXT FOR TECHNOLOGY STOCKS — BLOODBATH OR BLISS? $AMZN $GOOGL $AMAT $QQQ $FB $NVDA $AAPL $MSFT $AMD $WDC $RHT $EXPE
The response to my last column, which warned of an ominous pattern in charts of big technology stocks, shows that while professionals are hedged against a decline, the average investor is full of bravado.
The real question
The real question for investors is what comes next — bloodbath or bliss. To find the answer, we need to take the equivalent of an X-ray of the U.S. stock market. At The Arora Report, to do the X-ray, we mostly depend on the ZYX Global Multi-Asset Allocation Model. This is an adaptive model — it changes along with market conditions. The algorithms used in the model involve a large number of macro, fundamental, quantitative and technical indicators.… Please click here or the title below to read more.
June 12, 2017