The Maley Report

The Maley Report

Before the Open

Can Tech Beat Its Elevated Expectations This Earnings Season?

Jul 16, 2025
∙ Paid
  • The “internals” were particularly poor yesterday, so the rally is showing signs of waning a bit…which is not a surprise given how strong the rally has been over the past three months. If bond yields continue to rise…or if the overbought and expensive tech sector does not meet their elevated earnings expectations (or both)…it could mean that the market will finally see a pullback.

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