The big tech growth story is dead

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Commodities, Investments, Economics, Trading, News, Stocks, Oil, Uranium, Business News, Crypto, Investing, Crisis, Business, Gold, Industry, Debt, Macroeconomics, Talk, Research, Personal, Geopolitics, Curzio, Finance, Tokens

4.6 • 1.1K Ratings

🗓️ 26 October 2022

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

Results are in for Alphabet (GOOG) and Microsoft (MSFT). Daniel and I explain how a strong U.S. dollar is hurting these stocks… and why they don’t deserve to trade at current levels. In fact, a fundamental shift is leading to the collapse of the big tech growth story. (Interestingly, though, crypto seems to be breaking away from tech stocks…) We recap why all the positive earnings results aren’t as good as they look… and share two strategies to profit from this bear market rally. In this episode What’s behind the strong start to earnings season [1:00] Why Alphabet’s earnings were a disaster [6:30] A fundamental shift is killing the tech stock growth story [9:05] Why a strong U.S. dollar is a major headwind for big tech [18:45] Is Bitcoin breaking away from the tech sector? [30:30] Use this bear market rally to multiply your money [32:15] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 -- : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/ : https://twitter.com/frankcurzio :. https://www.facebook.com/CurzioResearch/ : https://www.linkedin.com/in/frank-curzio-690561a7/ :

Transcript

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0:00.0	Wall Street Unplug looks beyond the regular headlines,
0:05.0	heard on mainstream financial media to bring you unscripted interviews and breaking commentary
0:10.0	direct from Wall Street, right to you on Main Street.
0:16.0	How's it going out there? It's October 26th.
0:19.0	I'm Frank Curtis, the Wall Street Unplug Pockets, where I break the headlines and...
0:24.0	Tell you what's really moving these markets.
0:31.0	I was going to pause for as long as I can.
0:34.0	One time, I was just going to pause.
0:35.0	I'm going to deal with what's going on as everything.
0:37.0	I was going to pause for like five minutes one day and see if everybody just stays there and listens.
0:41.0	They won't do that. That's a little too long.
0:43.0	It is your signature, though. Even you even had me there.
0:46.0	I was just kind of waiting on you there.
0:49.0	So, ancient time is the day I'll reach Wednesday.
0:53.0	Another wonderful Wednesday here on the island, Frank.
0:56.0	Yes, wonderful.
0:57.0	Weather is amazing. Hopefully it is for everybody else as well.
1:00.0	Changing of the seasons.
1:02.0	Earning season, Frank, which is good.
1:04.0	Which is good. And all over the place, right?
1:06.0	I mean, we've seen some strong earnings.
1:07.0	And I want to talk about that because we're seeing a rally in stocks here.
	...

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