Skip to main content

Posts

Showing posts from November 10, 2020

Tuesday - Covid is taking away the tech industry's bubble it created in 2020 with effective vaccine news

Half of yesterday's massive gains during the day were lost by end of the day. Today's futures are mixed with tech industry under pressure. However, Oil, airlines, casinos and cruise industry are finding momentum under the sudden good news on effective Covid vaccine. Although the vaccine is not here yet but the results provides a tentative roadmap to a lot of businesses which is bullish for those industries. On the other hand, during this pandemic tech industry was the sole leader in the market even pulling up major indexes while unemployment and the economy were in recession.  Indeed we are on a path to eventually recover from this pandemic, but I think the tech industry will remain to be the best long term investment. And in fact, situations like this are a good opportunity to invest in. Here are some suggestions out of the ordinary tech stocks that you can have a look and decide if it's a good time for you to ride them. I think they will all gonna be in a much better posi...