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The ones that go up all the time and barely ever go down on rare occasion when theres a marketwide pullback like we had this morning s p edging up, nasdaq gaining 3. 7 from a very ugly opening. You have to buy these up stocks. Buy, buy, buy, buy, buy hanover fist. In a market like this one that has a hard time staying down to begin with, even with a weak jobs number or a president that seems determined to overturn the election, hes not going anywhere, the up stocks just wont quit back at my hedge fund where i compounded 14 for 14 years id sit down with my staff and say, okay, give me your best stocks, the up stocks, the ones that never seem to go down. I want the unstoppable ones. I dont even want to know what they do, i just want them the staff would be incredulous there would always be a young whipper snapper saying, whats an up stock . Thats not our usual methodology. I adopted a no more mr. Nice guy attitude, like id ever been nice so i just demanded they give me their up stocks or ....
What they are seeing this quarter and where demand might go. He said the last part of march and the first part of april were very depressed and then we saw a pickup relative to that period in the second half of april. We are not projecting what we will do this quarter because of the lack of certainty and visibility that weve got. Apple not giving a forecast for the quarter or the year, but cook sounding fairly optimistic there. Amazon earnings also out this hour. Amazon shares down after the bell. I want to bring in taylor riggs who has been following all of this. In that interview with tim cook, he told me he believed this pickup in april was driven by some of the new products they have launched over the past few weeks including the cheaper iphone, a macbook air, and ipad pro. As well as stimulus from the federal government and people getting used to, we are in the middle of a pandemic and this is the way things will be for a little while. What is your take . Taylor great interview be ....
Well, tech is holding up well given it has high multiples coming into this part of the reason tech is the answer to some of the issues particularly working from home, things like krits tricks, zoom, microsoft, amazon, have outperformed it appears this is going to be somewhat of a permanent change theres a spike but even coming out they could benefit we would like to see more breadth within tech. Its been big and focused. Last week was interesting. As we started to get a rally in tech we got a sense for whats going to perform on the other side, services,semis, smaller cap names. We dont think were there yet but looking for infection rates to come down, pmis to improve. The economy is on the mend and then hopefully on the other side steve, its interesting over the past day we see some little moves in this environment that might suggest something. Yesterday microsoft announced changes to office 365, calling it microsoft 365 planning to open up access to teams and features in teams to more ....
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JAKARTA, INDONESIA - Media OutReach Newswire - 6 February 2024 - AstraZeneca Indonesia, an affiliate of the multinational pharmaceutical and biopharmaceutical ....