Is the Bottom in for Microsoft & Google?
(7/27/22) There is an interesting opportunity for investors in companies that miss estimates, yet rally afterwards, despite whatever bad news has been released. Could that be the case with two giants of the S&P and NASDAQ, Microsoft and Google? Additionally, was the less-than-happy news already priced-in to these stocks? Still to be seen is whether they can hold their current bottom, and rally above their 50-DMA. Both stocks are major players within the Top Ten holdings of the S&P; any rallies in these stocks will also help hold support in that index. Still to come today--the Fed's announcement on interest rates.
Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO
Produced by Brent Clanton
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