GOOGL, META, AMZN: The Market Lag Effect & Big Tech Success

Markets are defying the lag effect, notes Jeffrey Small. He discusses market performance trends to monitor. He talks about how the market is already pricing in a 2024 recovery and last year's 25% peak to trough correction was the correction. He goes over what to know about the "leg effect" in the markets. He mentions that inflation is going down and the Fed is getting ready to pause, and the cost of capital is rising, while lending is becoming more restrictive. He then highlights his stock picks which include Alphabet (GOOGL), Meta Platforms (META), and Amazon (AMZN). Finally, he examines big tech strength in a turbulent market. Tune in to find out more about the stock market today.