My work suggests the next major move in those names will be down. Since technology stocks tend to be high-expectation stocks, when those expectations roll over, the sector does badly.
Brian Rauscher
The consensus had been that the economy was going to slow and the Fed was going to be out of the game sooner rather than later. Now, people are realizing the Fed will go higher for longer. The markets are having a hard time going up.
people time game hard economy
technology work names expectations
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