Principal | Chief Executive Officer
"I think there's a little broader selling because of the uncertainty, whether it be with the fed whether it be with delta , whether it be weakness in retail. That will permeate the markets in the near term and then it will shake itself out, and hopefully we'll see these fundamentally accelerating secular growth stories start to take the lead again."
"Companies that are generating high revenue, high sales growth, and high free cash flow, the earnings will follow. It's a great testament to the fact that they're on the right track and they're in a great space where competition is limited because its a new tech segment -- that their competitive advantage is for real."
"The key if buying the dip on the high quality growth stocks. Howard Marks recent came out and said: one of the best hedges against inflation is buying high quality growth stock."
Michael Loukas, CEO of Truemark Investments and Trushares, says rising interest rates won't kill the tech bull market long-term. He says there are no signs of slowing demand for "work-from-home" tech services. He adds the secular trends poised to accelerate are: cloud migration, SaaS, cybersecurity, and A.I. entering biotech. He explains their A.I. and deep learning ETF symbol LRNZ.
The TrueShares Technology, AI and Deep Learning Fund (LRNZ) invests in hyper-growth companies with accelerating fundamentals that utilize AI and deep learning as a competitive advantage. LRNZ seeks to provide total return by investing in an actively managed, concentrated portfolio of companies that are significantly involved in the application of high levels of artificial intelligence. LRNZ targets companies with leading-edge artificial intelligence, machine learning, or deep learning technology platforms, algorithms, or applications that we believe may provide distinct competitive advantages in an industry historically characterized by a winner-take-all consolidation behavior.
Pressure is building in the space, with an index showing SPACs down 40% from the peak in February last year.