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How Low Will The Market Sell-Off Go? | Lance Roberts & Adam Taggart
Thoughtful Money with Adam Taggart
Focus on Mega-Cap Resilience
Mega-cap stocks, such as Apple, Microsoft, and Amazon, continue to showcase strong earnings growth even amid challenging economic conditions, with notable increases in their cloud-based and overall business revenues. Companies like AMD are also reporting significant revenue growth. Despite current market pressures and potential for further declines, these stocks are experiencing overselling and are at critical support levels, representing a considerable portion of the S&P 500 index. Their performance reflects underlying strength that can be pivotal for investors.
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