October was a rough month for tech stocks overall, and it looked like more of the same on Monday. However, Tuesday is a different story, as tech favorites Facebook, Amazon, Apple, Alphabet, Microsoft and others are starting to retrace their October downswings. Volatility is definitely the name of the game, and multiple hedge fund managers have commented on it in their recent letters to investors. It’s starting to look like the equity markets are finally swinging from growth to value, but it’s certainly not a straight path upward. We can expect a bumpy ride for the foreseeable future. Volatility: Nothing…
Tech Stocks Are Reversing October’s Declines, But Volatility Remains
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.