- If you are a trader like me, and you are looking for a tradable bottom, I think it's happening right now.
- This does not mean we are not going to see any further sell offs for the rest of the year. This note is looking to next week.
- I'm a believer in the notion that the move to tech and cloud names is far from over. Dumping technology stocks for metal benders is a big mistake.
- I give examples of technology that I'm paying attention to right now, but the menu is wide and deep. There are a ton of names that are 20% - 30% even 40% off of their all time highs right now.
For further details see:
Deep Cyclicals Are Not The Answer, Now Is The Time To Buy Techs And Cloud-Enabled Names