Picking Up the Pieces of the Tech Meltdown

Many quality tech names are trading at attractive prices, and now may be an attractive time to buy. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ Unsubscribe Good Afternoon, The earnings reports from Alphabet Inc. NASDAQ: GOOGL and Tesla Inc. NASDAQ: TSLA led technology stocks lower for the week. Some analysts are warning that the price action is due to an artificial intelligence (AI) bubble, but there could be other factors at play.   First, the second half of July tends to be seasonally weak for stocks. That means the current price action is being driven by relatively lower volume.   Second, technology stocks have been on a magnificent run (no pun intended) in the last two years. It's natural that some investors may decide it’s a good time to take some profits.  But there’s also evidence that instead of pulling money out of the market, investors are rotating into other sectors, particularly small-cap stocks.   But if you’re a long-term investor, sell-offs create opportunities. Many quality tech names are trading at attractive prices, and now may be an attractive time to buy. Both the S&P 500 Index ETF NYSEARCA: SPY and the Invesco QQQ ETF NASDAQ: QQQ displayed a “hammer candle” formation as the market closed on July 25. This happens when a stock finishes lower for the day but significantly higher than a low they set earlier in the day.   Click here to learn more about the top stocks as you're sifting through the tech wreck for some attractive deals. Don't forget to take a look at these new offers and reports just for you: J.P. Morgan's HISTORIC Silver Hoard (Ad) From Colonial Metals: In a groundbreaking move, J.P. Morgan now possesses the largest amount of physical silver in recorded history… Outpacing even legendary investors Warren Buffett and the Hunt Brothers. Their recent acquisitions, totaling over $6 billion, show their complete dominance over the silver market. Just click here now to download our Silver Investing Guide for FREE. Brace Yourself: Experts Calling for a MASSIVE Rally (Ad) From Crypto 101 Media: For the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon. Click here to get The Crypto Bull Run Millionaire Blueprint now. First a 1,129% win in 2 days... .Now this??? (Ad) From Monument Traders Alliance: Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans... Click here to see how >>> hidden income trade in Apple? (Ad) From DTI: Is there a HUGE hidden income opportunity within Apple stock? Well, a brand new report suggests that is the case. And it's all based on a "twist" on income trading hidden right inside one of the top stocks ever. Tap Here to Learn More Rare signal predicts 50% market drop - before election (Ad) From Behind the Markets: The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors. Take these 4 steps to protect your retirement here. Most powerful human in history says this technology is the solution (Ad) From Porter & Company: Does Elon have too much power? According to biographer Walter Isaacson, he does. But what most people don't realize is that Elon has set his sights on a controversial technology that the global establishment has been trying to suppress for decades… In doing so he has put himself in the crosshairs of an ideological war that will have a direct impact on you… your family… and your financial investments in the years to come. Click here to watch our new exposé. It lays out exactly what's going on. William Bushee MarketBeat

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