Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 61.79

-12.3%

Jan 30 4:00 PM EST

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To: SGJ who wrote (189331)	4/27/2023 6:20:25 PM
From: Winfastorlose	6 Recommendations of 208171

Look at AMZN tonight. It rocked then it was socked. All in about 1 hour and 30 minutes. NET got wacked. SNAP slammed. INTC was down but now is up. If there is any sector that might do OK in tech it is the semis for one important reason. They need to relocate back home or in places other than China and the primary purpose of Wall Street firms is to raise capital for their clients. It is NOT to make great recommendations for stock picking. The secondary market is just the liquidity provider for the people who pony up the capital. The entire system is for banking purposes. Most investors do not realize that.

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