NYSE Trader Expects Blowout Earnings From Alphabet, Amazon and Facebook
NYSE trader Kenny Polcari said tech earnings will "blow the roof off the house."
NYSE trader Kenny Polcari said tech earnings will "blow the roof off the house."
The tech parade begins Monday with Alphabet (GOOGL) - Get Alphabet Inc. Report and continues on Wednesday with Facebook (FB) - Get Meta Platforms Inc. Report and Amazon (AMZN) - Get Amazon.com Inc. Report on Thursday.
However, when you remove tech's performance from the market's this year, there isn't much gain, which is concerning to Polcari. Tech continues to encompass an overwhelming portion of the broader market, given the near-trillion dollar market caps for many of the top tech names.
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