ETF Edge on investors' strategy to weather Big Tech earnings season

Summary

ETF Edge discusses investor strategy during a heavy Big Tech earnings week, with guests Paisley Nardini and Mike Khouw offering views on diversification, hard assets, and options positioning. They emphasize the importance of looking beyond mega-cap tech to uncorrelated plays like commodities, Comfort Systems, and duration exposure. The episode also highlights Meta as a volatile earnings play and the potential for falling rates.

• Big Tech earnings (Amazon, Alphabet, Meta, Microsoft, Apple) are key catalysts this week.
• Mike Khouw highlights Meta as the biggest individual mover, with options implying a 7.5% swing.
• Khouw recommends hard assets (Southern Copper, silver miners, gold) for non-correlated diversification.
• Khouw also points to Comfort Systems (FIX) as a tech-like growth stock outside the AI trade.
• Paisley Nardini sees opportunity in adding duration (bonds) as markets underprice potential rate cuts.
• Geopolitical uncertainty and a weakening dollar may favor international assets, though no specific ETFs are named.
• Both guests stress the resilience of markets and the need for diversification beyond mega-cap tech.
• The episode examines oil prices, inflation data, and central bank meetings as macro influences.