Tech Rebound ?

The most encouraging aspect of today's trading is the renewed interest in tech stocks.  Let's face it, if America has any edge in a global economy it's in the tech area.  I believe many really great American tech companies have been hammered way too hard in this bear market and represent solid long term value.  Perhaps more importantly,  in all of the previous four bull market cycles, tech stocks led the upturn in the general market.  Let's watch this trend carefully.  If it continues could be a very bullish signal for the market.

Leave a Reply

Your email address will not be published. Required fields are marked *