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Will the ‘Tech Wreck’ of 2022 become the biggest bounce of 2023?


Editor’s note: On Tuesday, December 13 at 4 p.m. ESTLouis Navellier, Eric Fry and Luke Lango reunite for a special event – the Early Warning Summit – to give you their investment plan for 2023. This is a strategy that could outperform the markets by 9 times or more next year, come what may. Register for free here.

In preparation for this event, we recently recorded a few videos in which we ask Louis, Luke and Eric for their unvarnished opinions on some of the hottest topics in the investing world today. Today, InvestorPlace editor Luis Hernandez has another such video for you. Take it, Luis.

The Fed has been raising interest rates for most of the year.

It may be keeping us from sinking into 1970s-style inflation…but it was murder for Silicon Valley and the entire US tech industry.

It looks like the tech-heavy Nasdaq Composite Index will end up falling nearly 30% for the year.

The ARK Innovation ETF (ARKK) — replete with “disruptive” artificial intelligence, robotics, energy storage, DNA sequencing and blockchain companies — is doing even worse… down more than 60% so far this year.

The big tech stocks that supported so many of our portfolios in the 2010s aren’t doing much better. So-called FAANG shares have gone from around 30% (Google/Alphabet) to more than 65% (Facebook/Meta).

What will these actions do in 2023?

You will get answers on Tuesday, December 13, 4 p.m. EST, during the Early Warning Summit 2023. (Reserve your place for this free event by going here.)

And we’ll likely get some of these answers from InvestorPlace’s tech-focused analyst, Luc Lango. Luke is a Cal Tech Economics graduate…has amassed an impressive record as the #1 stock picker in 2020 on TipRanks…and has a track record that includes 17 stock picks that have risen 10x or more.

His assessment of the outlook for tech stocks in 2023 goes beyond what you hear from stock-picking experts in the media, and he will explain what he sees over the course of the Early Warning Summit 2023.

In the video below, Luke begins to tell us his thoughts on the likelihood of a tech rebound…and how it will affect your portfolio in 2023.

Additionally, we ask him about the future of cryptocurrencies following the FTX fiasco. Will we have a third crypto boom in 2023… or will the current decline continue for another year?

Click here or the play button below to get Luke’s thoughts.

Remember: Tuesday, December 13 at 4 p.m. ESTLouis joins Luke and Eric Fry for the Early Warning Summit, where they will give you their investment plan for 2023.

It’s a strategy that could outperform the markets by 9x or more next year, come what may.

Register for free here.

Until there…

Cheers,

The signing of Luis Hernandez

Signature of Louis Hernández

Luis Hernandez

Chief Editor, InvestorPlace

PS You’ll never believe what’s in store for stocks in 2023. My computer models haven’t been this active since the dot-com crash and financial crisis of 2008. In short, several headwinds are simultaneously converging in the markets and could have a dramatic impact on the price of virtually all stocks.

Get ready now and you could strike it rich. But ignore this warning, and it could cost you dearly. I’m hosting an information session with my colleagues Luke Lango and Eric Fry on Tuesday, December 13 at 4 p.m. EST…and I strongly urge you to attend. You can RSVP here.

InvestorPlace

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
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