This is one of the biggest earnings days of the quarter. There are three mega-cap technology companies reporting. First there is AMD, which is near lifetime highs and is sporting the oh-so-reasonable P/E ratio of 1,402.
Next is Microsoft, which basically goes up every single day.
Finally, Alphabet (umm, Google) which is right near its lifetime high and, of these three, is probably the most vulnerable.
I have no positions in any of these, or QQQ for that matter, but of course will keep my fingers crossed for any shocker to the downside.
