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Tech and Protection

Looking ahead into the next earnings report, we have seen some mixed messages in the market. On the long side, the sector to think about is clearly tech. I like Tech right now over the other sectors because they have a more heavy cash balance which will help them continue to innovate and consolidate. Some names to think about are MSFT and INTC, being a semiconductor lead rally. AMZN and AAPL are some good ones too. Mixed in with all of this market data is also a rise in volatility levels in the broader market which has the potential for elevated levels of movement over the next 30 days, so you may want to buy put protection in the S&P 500 against a portfolio of tech names.

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