Overbought Tech and Oversold Brews: Bill Gates on the Market's Wild Ride!

Another All Time High? Did I Miss the Memo?

Well folks the S&P 500 hit another all time high. It's like the market is running on Windows 95 – constantly needing a reboot but somehow still chugging along. They say it's because tariff concerns are fading. Honestly I thought tariffs were just another type of font in Microsoft Word. Shows what I know! But seriously while everyone's patting themselves on the back let's remember: success is a lousy teacher. It seduces smart people into thinking they can't lose. So stay grounded people.

Tech Stocks: Hotter Than a Zune at a Woodstock Reunion

Tech stocks are apparently the 'it' thing again. Microsoft AMD Netflix – everyone's RSI is through the roof! Morgan Stanley is even predicting our AI investments are going to yield big. Well duh! It's AI! It’s like teaching a computer to play Solitaire but instead of shuffling cards it's shuffling billions of dollars. And AMD bless their silicon hearts is helping the S&P 500 climb. But remember what goes up must come down. Even the Windows startup sound eventually fades.

Microsoft's AI Lead: It's Not Just Clippy Anymore

Wells Fargo is also chiming in touting our AI lead. It's nice to hear but let's be real AI is more than just fancy algorithms. It's about solving real world problems like figuring out how to get people to stop using Internet Explorer. (Okay I'm kidding... mostly.) But seriously we're working on some groundbreaking stuff and I'm excited about the potential.

Beer Stocks: Apparently Everyone's Sobering Up

On the flip side beer stocks like Molson Coors are struggling. Oversold they say. Bank of America even downgraded them! Ouch. Maybe people are finally realizing that coding and craft beer don't always mix. Though I confess I've had a few brainstorming sessions fueled by the occasional brew. Just don't tell my doctor... or Melinda.

Oversold Lululemon? Maybe People Are Finally Done With Yoga Pants

And Lululemon is also taking a hit with reduced earnings guidance dragging the stock down. I wonder if this is because people finally accepted that they can go out wearing something else other than yoga pants? I'm not a fashion guru (obviously) but I do know a good investment when I see one. And right now maybe it's time to buy low on some of these oversold names. Or you know just stick with what you know. Like software.

Stay Hungry Stay Foolish and Maybe Buy Some Beer?

So what’s the takeaway? The market's a rollercoaster tech's on fire and beer's… well not so much. Remember to stay hungry stay foolish and maybe buy some Molson Coors. After all a little contrarian investing never hurt anyone. Just don't blame me if your portfolio ends up looking like a Blue Screen of Death.