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Techs Release Earnings Into Momentum
The market is becoming a momentum market, not a value market, and investors now are chasing momentum, partying like it's 1999 heading into 2000.
We're heading into some high-profile earnings reports for technology stocks over the next couple of days, and given the current momentum environment of the sector and market, investors will do well to be forewarned and forearmed with value levels and risky levels. (These are my cues for when a stock is good to buy or sell.)
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