Tech sentiment ‘feels pretty awful, which is a great sign’: Analyst

Tech sentiment ‘feels pretty awful, which is a great sign’: Analyst

The brutal 2022 for stocks amid rising interest rates and soaring inflation has been particularly rough for technology-based growth stocks, and that could be an opportunity for longer term investors.

“Every rally we’ve seen in tech has been met with harder selling in a lower low,” Jefferies Equity Research Analyst Brent Thill told Yahoo Finance (video above). “Right now, it feels pretty, pretty awful, which is a great sign.”

For investors with a three- to five-year window, he added, now is a…


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European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

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[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

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