Fast Money Blog- 4/16/21

Good News, the stock market over all is in retracement mode.  This retracement rally is broad based across all sectors.  Currently Wall Street institutions are favoring cloud service companies and payment processors. 

Here’s a brief 30-day overview of some of these stocks:

Dow component Microsoft Corporation (MSFT) closed on Tuesday, March 16th at $237.71 and on Friday, April 16th, it closed at $260.60

S&P component Square, Inc. (SQ) closed on Tuesday, March 16th at $243.36 and on Friday, April 16th, it closed at $255.81

S&P component PayPal Holdings, Inc. (PYPL) closed on Tuesday, March 16th at $249.31 and on Friday, April 16th, it closed at $270.05

Dow component Apple,Inc. (AAPL) closed on Tuesday, March 16th at $125.57 and on Friday, April 16th, it closed at $134.11

Most of our favorite Dow and S&P components are revealing their earning in the last week of April.  I expect most of our Wealthy Investor stocks to post impressive gains on both the top and bottom line.  

Over the next 6 months I expect technology stocks to do very well.  It is your job to make sure you put Wealthy Investor discipline before greed. 

Stay Open! Stay Positive!

Tyrone Jackson, The Wealthy Investor