10 “Phase 4” Tech Stocks to Sell Now
Saturday, 3 December 2022, 15:00:55
It’s been a tough year for the stock market, especially for the tech sector. As of this writing, the tech-heavy NASDAQ is down 27% year-to-date. I should also add that tech has been shrinking as a percentage of the S&P 500 this year due to problems at Amazon.com ( AMZN ), Alphabet ( GOOGL ), Meta Platforms, Inc. ( META ) and Microsoft Corp. ( MSFT ). And not one of these companies has posted gains over the past year. Now, you should know this isn’t the first time this has happened in tech. In the late 90s, the market had a bubble burst and literally 54% of the S&P 500 was in less than 10 tech stocks at the time. The tail of the S&P then did better than the top end for seven years. Currently the tech sector is facing many challenges, due in large part to the trajectory of the industry during the pandemic. Companies across the tech industry are now having to cut costs and institute hiring freezes. They’ve also had to reduce their workforce. Large companies like Cisco Systems ( CSCO ), Amazon and Twitter, Inc. ( TWTR ) have had to make layoffs that totaled nearly 29,000 workers in the past three months.
— InvestorPlace
Mobile Device Management Market is expected to generate a revenue of USD 18.97 Billion by 2027, Globally, at 26.01% CAGR: Verified Market Research®
Friday, 2 December 2022, 17:30:00
— Kwhen Finance
Thursday, 1 December 2022, 16:47:44
Is Elon Musk running Twitter right in the early days?
— Yahoo Finance
Cisco’s Chuck Robbins On XaaS: We ‘Realized We Weren’t As Operationally Ready’ | CRN
Wednesday, 30 November 2022, 17:34:00
Cisco Systems has faced a few challenges related to its everything as-a-service (XaaS) transformation, including supply chain constraints and not being what CEO Chuck Robbins called “operationally ready” but the tech giant is taking aggressive steps to prepare itself and Cisco partners for Cisco Plus and the as a service wave.
— CRN
Drop What You”re Doing and Update iOS, Android, and Windows
Wednesday, 30 November 2022, 13:00:00
Plus: Major patches dropped this month for Chrome, Firefox, VMware, Cisco, Citrix, and SAP.
— WIRED
We recommend that you check out Capital.com as they have a very good selection of stocks available for both going short and long.
