The Fed Pivot Stocks Are Overbought

Microsoft is just 10% off its eyes despite a slowdown real slow down cloud do I think that's right price for it no so I do believe those stocks are overbought. People have bought for fundamental reasons not because they're looking at Fed Pivot. Low interest rates did not directly drive all tech up before guess what it did it was along for the ride but low interest Rates did not directly right it did not directly by allowing them to borrow at zero drive those companies to the stratosphere or kites. Those valuations shouldn't really come down if the fed slows sorry the fed they should not be sustained if the fed comes if the fed lowers rates this is sorry little cat.