Tackling a major tech buyout July 26, 2016 Archives | Unsubscribe The Next Tech Boom: Here are Your New Market Leaders Tackling a major tech buyout Wishing for a "time machine trade" Plus: Old tech takes charge Greg Guenthner coming to you from Baltimore, MD... Big buyout news hit Wall Street with a thud to start the trading week… Verizon shelled out nearly $5 billion to purchase Yahoo after management gave up trying to figure out exactly what Yahoo's business is supposed to be. The fire sale price tag for the once-dominant web property comes in at a small fraction of its $125 billion market cap during its heyday. If Yahoo shareholders had a time machine, they'd probably use it to go back to 2008 and beg the company brass to jump at Microsoft's $45 billion buyout offer. Instead, they're stuck watching Marissa Mayer sashay out the door with a briefcase full of cash—while they have virtually nothing to show for it. Verizon's curious penchant for buying up dot-com relics like AOL (which it acquired last year) and Yahoo must mean the last of the internet boom stalwarts are left to fade quietly into the night, right? Well, not exactly. The dot-com darlings are riding high once again. A host of household name tech stocks are streaking higher and partying like it's 1999. As investors begin to sneak back into the market now that the major averages are back on their highs, tech stocks are becoming your new market leaders. The Technology Sector SPDR (NYSE:XLK) broke out and posted new highs last week—and its strength isn't just thanks to new kids on the block like Facebook outperforming. In fact, many of the old school tech stocks that rivaled Yahoo back in the 90s are breaking out once again… Software giant Microsoft (NASDAQ:MSFT) posted a new all-time closing high yesterday. Cisco Systems (NASDAQ:CSCO) finally cleared its 2007 highs and is trading at levels we haven't seen in 15 years. Then there's Advanced Micro Devices Inc. (NASDAQ:AMD). AMD gained nearly 15% yesterday after reporting its first revenue increase in 24 months. And while this stock is still nowhere near even its pre-financial crisis highs, the sharp move higher is breaking shares out of a five-year funk. Remember, the Nasdaq Composite is the only major average that hasn't posted new highs this month—and it will have to clear its late 2015 highs before it can top its high water mark. These old school tech breakouts are the first step in doing just that… You don't need a time machine to take advantage of these tech breakouts. With all of the bullish action popping up in the sector, you can jump on a new trade today without worrying about missed opportunities. Sincerely, Greg Guenthner [Ed. Note: Send your feedback here: rude@agorafinancial.com - and follow me on Twitter: @GregGuenthner] A Young Woman on Her Way to Lunch… (What Happens Next Is UNBELIEVABLE) She was on her way to lunch… Walking down the street in plain daylight. And then… THIS happened. If you do one thing today, please take a look at this outrageous video. It's unlike anything you've ever seen. Rude Numbers When to Buy... When to Sell 77 points dropped from the Dow Jones Industrial Average yesterday. That translates to a loss of about 0.45%... $42.55 buys a barrel of crude this morning. Oil is sinking again today. It's down another 1.4% in early trade... $2.67 is the price of natural gas right now. Natty is attempting to hold its head above water as falling crude weighs it down. It's down 1.4% so far today... $1,319 is where you'll find gold futures this morning. The yellow metal is unchanged so far today... 2,161 marks the spot for S&P futures before the morning bell. Stocks are set to pick up where they left off yesterday... Rude Trends When to Buy... When to Sell "I don't know what the heck Shake Shack sells and I don't know of a store around me," a reader says after reading our breakdown of soaring junk food stocks. "But I bought some shares today because the price momentum looks juicy." They sell burgers and shakes—hence the name. But like you said, it's a hot chart. What else do you really need to know? Next! "Loved your junk food chart, especially the worst pizza in the world...Papa John's," a reader says. "It goes to show people today (especially the younger ones) don't know what good food is, and with crap like this out there, they never will." I'm pretty sure crappy food has been around for a long time… See? If it's healthy food you're looking for, you can find it—I assure you. Speaking of which… "I'm one of your few vegan readers (maybe the only one?)," admits another reader. "No temptation for cheese." Don't worry—I'm fairly certain the melted topping on most of these pizzas contains approximately 0% actual cheese. Grab a slice! Ignore At Your Own Peril Today's Must Read Links WARNING: 11-Second Video Clip Not for the Faint of Heart >> Most people would call this robbery (yet it's 100% legal) How to Collect Monthly Checks as High as $9,517 >> Add rude@agorafinancial.com to your address book: Whitelist us Additional Articles & Commentary: Daily Reckoning Website Join the conversation! Follow us on social media: The Rude Awakening is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Agora Financial delivering daily email issues and advertisements. To end your Rude Awakening e-mail subscription and associated external offers sent from The Rude Awakening, click here. Please read our Privacy Statement. For any further comments or concerns please email us at rude@agorafinancial.com. 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