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Dear Readers,
It's a tech stock world and we're all just living in it. Look no further than the last couple weeks of market action for evidence of that.
Pushed to record-setting extremes, tech shares finally showed signs of vulnerability, and dragged the whole market down with them. Subsequent attempts at recovery have also been led by the tech cohort.
Tom Lee of Fundstrat Global Advisors — who called the stock market's swift summer recovery from multiyear lows — also has views on the rattled market landscape. He sees nine bullish forces pushing stocks higher from current levels, and even has a basket of stocks designed to benefit in particular from that rally.
And for those looking to get ahead of the inevitable next stock downturn, James DiChiaro — co-manager of the $1.3 billion BNY Mellon Core Plus fund — has a bond-focused hedging strategy ready for deployment.
Going beyond this smorgasbord of actionable advice, see below Business Insider's best Investing stories of the week. They include a wide array of additional recommendations, strategies, and tips for navigating uncertainty.
Oliver Kell, a US Investing Championship contender, pieced together his trading strategy by borrowing tactics from the most renowned investors. He's in third place in the 2020 competition, with a 359.4% return through July.
Kell refers to his trading methodology as a "techno-fundamental trend follower" and looks to trade companies that are changing the world as we know it. He listed three stocks that have helped contribute to his extraordinary performance.
"We're starting to see that some of these cyclical sectors are starting to come to life. I think these reopening stocks have more upside to them than do the Nasdaq and the big tech stocks."
— Andrew Slimmon — a senior portfolio manager at Morgan Stanley Investment Management — discussing where he sees opportunity within the tech sector, on which he's broadly bullish
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Billionaire investor Chamath Palihapitiya unloads on the 'wasted' first round of economic stimulus and laments the unnecessary funding of 'zombie' companies
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