Bloomberg Surveillance · Friday, July 31, 2026
Victoria Fernandez suggests a tactical approach to investing in tech due to market volatility, advising against large bets and recommending small, consistent investments when stock prices decrease. She noted that correlations are generally low except in energy and utilities, making stock-picking important.
“With the volatility that we're seeing in these markets. I think that's going to be the biggest conversation people are having. And really and truly we need to be tactical. It's what we're doing for our investors. There is so much going on underneath the surface right now. Even though you've got a VIX that's like an eighteen handle, the correlations are not high, and anything except energy and utilities you don't have high correlations. So stockpicking is important.”
“I think it's going to be more of the latter, Tom, and I think that's because of what we're talking about in regards to these correlations. I mean every day a stock can change, right. I mean, we've seen that with Microsoft, We've seen it with s k Heini, so we've seen it with a ton of names. You have to be able to be tactical. So little bites at the apple is what we're saying. Don't go in and make big bets because it can turn around the next day and kind of bite you in the rear. So little bits and pieces here and there when the stock comes down, add a Little bit to your portfolio.”
“When it runs high, say thank you very much, take some profits off the table. I think that's the best way to approach this volatility we're seeing in the tech sector.”