Analysis of Tech Stock Valuations. Not high not low

Tech stock valuations have fluctuated over different periods, with companies like Meta, Google, Amazon, Microsoft, and NVIDIA showing peaks and troughs in their earnings multiples. While the market is not at its lowest point, it also does not exhibit characteristics of a bubble. There is a possibility of a slight downturn in the next three months, but not to the extent of significant losses. The stocks are not overvalued like some software companies were in 2021. The current moment is deemed tricky due to uncertainties, including the upcoming election, leading to a suggestion to reduce risk exposure slightly. However, a bullish scenario can still be envisioned for these tech stocks.