Tech is Dead. I have sold most of all of my tech holdings. I am down to Weed $TLRY, E-gaming $AESE, and X-ray imaging $NNOX, and I have trimmed some of all of them as they are complete and utter losers right now.
The market is changing rapidly. Tech is hated. The boys are selling the shit out of blow out earnings and buying the horseshit banks and slow movers like CVS and KO. I wouldn't be owning any of this tech doshit going into earnings whether it is $SQ, $ZM, $PTON, $BMBL, $POSH, etc.
Maybe they are buying the Buffett stocks to boost him because he missed the investment of the century in crypto while he was dancing around with a Diet Coke in his hand.
AMZN
SHOP
GOOGL
I am going to have to buy this crap to generate some alpha. Not going to complain about it, in fact I am reallocating assets right now in GDX (gold miners) and WBA (walgreens). Stay Woke, risk happens fast.
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