Invest in Google, Apple and AMD With This ETF!

There are a lot of forces that try to keep you out of the market.

It’s why bull markets climb the proverbial wall of worry.

There’s always something pressing in the news that is a concern for the health of the bull market. Some forecasting tools, or overlaying some random charts on one another.

We can always find some item that coincided with a market top in the past, and say we are near a market top again.

But right now, I don’t see a market top in sight.

We are probably at least two years away from the end of the bull market.

Yet, despite that view, every worrying item that comes up gives way to more calls for the stock market top.

Trust me — 99% of the time it pays to ignore them and dive in.

Today, you have the opportunity to buy the tech sector as it’s coming off a volatile week.

Let me explain…

Social Media Struggles

The other week, the tech sector took an absolute beating.

And it all started with Facebook Inc. (Nasdaq: FB).

The social media giant reported second-quarter earnings that included slower user growth, and helped the company miss analyst expectations on revenue.

This resulted in shares of Facebook experiencing the largest-ever market cap decline in a single day — wiping out $120 billion in market cap.

The 19% decline for the stock helped drag down other tech stocks that day as well, as investors pulled money out of broad, tech-based exchange-traded funds (ETFs).

The next day, another social media company was set to report earnings — Twitter Inc. (NYSE: TWTR).

The stock dropped 20.5% after posting its second-quarter earnings report and announcing it lost 1 million active users. Shares continued that slide the next trading day, falling another 5.7%.

This only added to the weakness seen in broad-based tech ETFs.

Many investors were looking for this rotation, out of high-flying tech stocks and into safer investments, as a sign of the top in the bull market.

But it’s just nonsense.

The bull market will end one day, that’s true. But you can’t look at two closely tied tech stocks as an indication of that.

Now’s actually an extremely bullish time to invest.

And to know that, all you have to do is look at other major tech stocks.

The Overall Tech Sector Couldn’t Be Stronger

The weakness felt in stocks like Twitter, Facebook and a few others isn’t indicative of the overall tech sector.

When you look at other tech giants, stocks like Alphabet Inc. (Nasdaq: GOOG) and Apple Inc. (Nasdaq: AAPL), the market couldn’t be stronger.

Both companies reported earnings recently, covering the same quarter as Facebook and Twitter.

The results, however, were completely opposite.

Alphabet, the parent company of Google, topped analysts’ expectations, and the stock surged on its quarterly report. Apple hit an all-time high after reporting earnings, and became the first company to reach a trillion dollar market cap.

We also have some semiconductor stocks that are flying high. Stocks like Advanced Micro Devices Inc. (Nasdaq: AMD), which surged more than 14%.

Keep in mind, chip stocks like AMD create the chips that go into many of the items that help power the technology sector. Chips are in everything from your phone to your car.

Strong earnings for AMD show these areas are doing extremely well.

Invest in These Strong Tech Companies

When you look at it all together, Google’s, Apple’s and AMD’s strong earnings reports are in stark contrast to Facebook.

Facebook is coming off losing the most market caps in a single day in the history of the stock market.

And the reason we are seeing this range of opposites is because the overall economy is healthy, and it’s fueling the well-established brands to higher highs — a sign this bull market has years, not days or months, left to run.

You can’t let the Facebook and Twitter debacle keep you from netting profits from this bull market.

Instead, use the dip from the sell-off as an opportunity to jump in and be long tech stocks here.

A simple way to benefit is to buy the Technology Select Sector SPDR ETF (NYSE: XLK).

Buy it and look for a strong rally as this bull market doesn’t let up for a few years

Regards,