After successfully rotating out of dividend paying,value traps the last decade in favor of well run tech and chip stocks all I can say is........I am not the least bit deterred by what I'm seeing and some outstanding buying opportunities will be on the horizon.
I feel the 'reopening factor' has ben priced into many of these 'reopening' stocks and I'll go broke before I get into these poorly run and greedy airlines and these cruise lines could still be floating petri dishes until herd immunity is reached and 30% of the country opting out of the vaccine program is problematic for that reason.
Boing? When these ******* do keep their planes in the air,their engines start on fire and fall off.........I'm out!
Disney is the one 'reopening' stock that interests me with the number of streaming subscriptions they're adding but not at this level. I'm sure the parks will be slammed again at some point too but when is that and they've been slammed before.
AAPL and AMD both reported outstanding quarters with even better guidance not long ago,AMD sells chips as fast as they're made and Apple just claimed the global,smartphone market lead from Samsung and they opened their FIRST store in India......
The tech giant shipped nearly 80 million units in the quarter, surpassing all other smartphone makers, including Samsung.
www.cnbc.com
An improved political and trade climate with China will be advantageous for these two and many other great tech stocks.
Corrections help avoid crashes,just gotta tighten your chinstrap and ride em out.
