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Anonymous

18 Apr 2019

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What is your perspective on Tech Stocks? They have not been performing well this year.

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YT

05 Dec 2018

FAANG hasn't been doing well...Facebook due to multiple scandals, Apple due to lower than expected profit for its iPhone X (not helped by Apple not providing data on volume of sales), Amazon due to wage hike to $15/h, Netflix possibly due to not meeting the 50 DMA and Alphabet's drop could be attributed to it's acquisition of HTC, stake in Uber, etc. Weaker investor sentiment and fear of over-valued tech stocks spread to other markets, causing tech stocks to fall. If your initial investment objective and business fundamentals have not changed, hold onto them.

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