Technology
FAANG to Push Through Nasdaq Downturn
The tech-heavy Nasdaq Composite, took a beating last night as Meta Platforms Inc led the entire tech sector and its shares lower into a dip that, according to some skittish investors, is looking more like a trench every day.
After a nearly 20% dip triggered by an inflation-anxiety-based selloff, the Nasdaq couldn’t return to its previous highs – making up only 50% of the ground lost.
Meanwhile, the other indexes have bushed themselves off. The S&P 500 is currently down 4% off its last high, and the Dow is only down 3%.
Below, you’ll see just how far the Nasdaq Composite has fallen from its three-month highs.
Click to Enlarge
Source: YCharts
But, as my mantra goes, “you need to buy the dip. Every dip.”
The tech industry’s rally isn’t over yet. For the best stocks on the Nasdaq Composite, this is just a brief pause on their journey even higher – and it’s an opportunity for you to jump on one of the most lucrative industries of the modern era.
Click here to get three tech stocks you ought to buy now, while they’re still on sale.
We Average One Cyber Attack Every 39 Seconds, Invest in the Solution
We are dependent on the cloud for everything. Energy, shipping, farming, entertainment… Any industry you can imagine is in some way reliant on web-enabled tech to function. And crooks know it.
Heck, they’ve known it for years. Cyberattacks that once took place once a year are now happening daily. By some counts, we’re averaging one cyberattack every 39 seconds, crimpling industries, economies, or sometimes countries.
Luckily, the latest member of the Nasdaq 100 is stepping up to the plate to ward off these attackers – and it’s a stellar investment.