Carlsquare weekly market letter: Strong tech reports, but Fed withdraws liquidity

Read the weekly letter here:

Carlsquare Weekly market letter

• Microsoft delivers after hours, showing that tech companies can deliver this quarter too.
• Fed shrinks its balance sheet again. It may be a rocky market after the tech companies this week and into the Fed meeting on 2-3 May.

Microsoft’s share price (graph below) jumped almost 5 per cent after the company reported quarterly earnings and revenue that beat analyst expectations.

Disclaimer:

The information in this presentation is based on what the publisher, Carlsquare, believes to be reliable sources. However, we cannot guarantee its content. Nothing in the presentation should be construed as a recommendation or solicitation to invest in any financial instrument, option, or the like. Opinions and conclusions expressed in the presentation are for the recipient’s use only. The contents may not be copied, reproduced, quoted, or distributed to anyone else. Carlsquare shall not be liable for any loss arising from any decision taken based on the information contained in this presentation. Past performance should not be taken as an indication of future results. Changes in foreign exchange rates may affect the value, price or income of an investment made abroad or in a foreign currency.

The analysis is not directed at U.S. Persons (as that term is defined in Regulation S under the United States Securities Act and interpreted in the United States Investment Companies Act of 1940), nor may it be distributed to such persons. The analysis is not intended for natural or legal persons where the distribution of the analysis to such persons would involve or entail a risk of violation of Swedish or foreign laws or regulations.