Microsoft Sets Itself Apart From Large Cap Tech Stocks

Despite the recent pullback and relative under-performance hitting large cap tech stocks , Microsoft sets itself apart, resiliently trying to make new all time highs.

A look here in on multiple time-frames shows just how strong price action has been over the the past several weeks, months, and years.

DAILY:

WEEKLY:

MONTHLY:

Microsoft briefly set new intraday all time highs this morning, but couldn’t hang onto enough of those gains for a new closing high.

Meanwhile $AAPL $GOOGL $AMZN $FB  are all 5%+ off their highs chopping around.

At 470 billion in market cap and the second largest weighting in the Nasdaq 100 $QQQ its one of the few existing market leaders that continues to act well.

We have no position in Microsoft at this time, but a breakout to new highs from this daily consolidation could change that.

Thanks for reading and good luck out there.

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