Market Holding the Highs After Earnings

Mega cap tech stocks reported earnings after the close and the market has preserved gains from the last week.

PRE-OPEN MARKET COMMENTS THURSDAY - Stock valuations are lofty by historical measures. Great results are expected and the reactions will tell us if they were good enough to justify current prices. META, MSFT, and TSLA reported yesterday and the market is up slightly overnight. The drop in MSFT was offset by gains in META and TSLA is up slightly. AAPL will report after the close today and AMZN and GOOG will report next week.

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