InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,214.08
(
0.51%
)
US TECH 100
17,660.00
(
0.33%
)
Dow Jones
39,387.76
(
0.85%
)
Brent Oil
84.01
(
0.07%
)
Bitcoin
62,854.66
(
-0.31%
)
Post# of 45226
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Prosper/high

Send PM Follow Ignore
Followers 29
Posts 2712
Boards Moderated 0
Alias Born 03/14/2016

Prosper/high

Re: None

Tuesday, 09/20/2016 7:40:01 AM

Tuesday, September 20, 2016 7:40:01 AM

Post# of 45226
Time to downgrade tech
Jennet Chin
Mon, 9 May '16 | 2:32 PM ET
Time to downgrade tech
Jennet Chin
Mon, 9 May '16 | 2:32 PM ET
CNBC.com
Technology connections internet
Hxdyl | Getty Images
Technology is lagging the major averages so far in the second quarter, with the sector falling 5 percent since April 1.
Gina Martin Adams, institutional equity strategist at Wells Fargo Securities, tells CNBC's "Power Lunch" on Monday her firm recently downgraded tech to market weight from overweight.
"We are downgrading tech to market weight on emerging sector related economic and earnings weakness and deteriorating price momentum," Adams said.


https://www.google.com/amp/www.cnbc.com/amp/2016/05/09/power-play-time-to-downgrade-tech.html?client=safari
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up