Earnings in those tech companies are really important
Earnings in those tech companies are really important: Sevens Report Editor, Tom Essaye, Quoted in Barron’s
Magnificent Seven Stocks Largely Dip Before Amazon Earnings Release
“I can tell you with a lot of confidence that if Google [parent Alphabet] and Microsoft did not post strong earnings last week, we would be below 5000 in the S&P 500 because, really, nothing else was that positive,” Sevens Report Research’s Tom Essaye told Barron’s. “Earnings in those tech companies are really important. And if you see Amazon whiff and you see Apple whiff, that’s just going to add to the negativity.”
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