The weakness in the last few weeks has taken its toll on the Nasdaq mega stocks with only Google holding near its high. Apple and Tesla had already fallen steeply this year, off 20% and 35% respectively. Will the others also fall further? We're in the middle of earnings season. Meta reported last night and despite exceeding the market's earnings expectations its share price is currently down 15% due to a more cautious statement regarding the rest of 2024. I suspect we won't know what movie we are in until the end of earnings season. I'll be keeping my powder dry for now.
jgoold18
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