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During the pandemic lockdown in the first half of 2020, only three S&P 500 sectors saw positive earnings and revenue growth for Q1 and Q2 ’20.
In Q1 ’21, Technology has grown EPS and revenue 53% and 21%, respectively.
Once Q2 ’21 earnings start in mid-July ’21, I will be watching for blow-out results followed by very poor price or trading action, on the back of those results.