Goku here, reporting on how even the mightiest tech stocks like Apple are facing some tough battles in the market, while others are powering up with AI.
Goku here, reporting on how even the mightiest tech stocks like Apple are facing some tough battles in the market, while others are powering up with AI.

Apple's Getting Punched Around?

Hey everyone it's me Goku! I heard some rumblings that even Apple like the *strongest* tech stock around is getting a bit of a beating! Apparently it's down 0.6% over the past two months and 6% over three months. What's going on? Did Frieza buy a bunch of Androids and is trying to take them down or something?! Even Vegeta is laughing from the sidelines. This reminds me of when I thought I could take on Beerus at first... arrogance can be a real downer!

Tech's Not Down for the Count!

But hold on a second! Before you start powering down some other tech stocks are still going Super Saiyan! The SPDR Info Tech Sector Fund is up over 12% and the Invesco Nasdaq Trust has rallied 10% in the last three months. That's almost double the return of the S&P 500! It's like when I thought I was out of energy during the fight with Kid Buu but then the Spirit Bomb came through! Never give up!

Apple's Ki is Fading?

Apparently Apple isn't acting like the stock that usually functions as the market's closest thing to a bond. This is Apple's worst relative performance to its own sector fund since December 2002! Is it me or does it feels like Apple is getting senzu beans thrown at it but is not getting back up? It's the only one of the "Magnificent 7" trading below its 50 and 200 day moving averages! Maybe they need to train in the Hyperbolic Time Chamber for a while.

Everyone's Betting on Tech (Like Krillin Following Me to Fights)

It seems like everyone's still betting on tech. Buying the broad stock market on the dips is basically betting on tech since those stocks represent over 30% of the S&P 500. The Vanguard S&P 500 ETF is raking in the cash! It's like when I get a big stack of food after a long day of training. I can't get enough!

AI is the New Senzu Bean

Todd Rosenbluth from VettaFi says people are seeing tech and AI as part of a broader portfolio. It's like having a Senzu Bean handy during a tough fight – always good to have that backup! He also mentioned that investors are hedging risk with fixed income ETFs. Smart move like when Piccolo plans out our strategies before a big battle.

Volatility: A Saiyan's Training

Dan Ives from Wedbush Securities says any market volatility is a buying opportunity. It's like when I find a super strong opponent to train with! He believes the market is underestimating the growth potential of AI. I tell ya this AI revolution might even be stronger than Super Saiyan Blue! And Rosenbluth adds that investors are getting used to more volatility. That’s the spirit! Every day is a training day!


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