EDITOR'S NOTE

Next week we'll get a look at whether the Big Tech stocks that have soared since the depths of the bear market are really worth what investors have paid for them.

Among the companies reporting earnings are IBM, Intel, Microsoft, Tesla, and Twitter - and how they go, may go the market.

After a down week, the Nasdaq is still up more than 17% year to date. Meanwhile, the Dow Jones Industrial Average and the S&P 500 are still in the red for the year. CNBC's Patti Domm writes that the resurgence in the tech-focused index is about to be tested as companies release earnings.

"Volatility could be to the upside, as well as the downside," said Julian Emanuel, head of equity and derivatives strategy at BTIG, "but in our view, in aggregate, the Nasdaq is likely to correct."

In this edition of Weekend Brief, CNBC's Jesse Pound writes about one successful investor who isn't worried about the Nasdaq's lofty valuations. Pound profiles Thomas Davis, who is one of the managers of the PGIM Jennison Global Opportunities Fund, which has nearly doubled the performance of the Nasdaq.

Davis' fund succeeded by making concentrated bets in tech and e-commerce. In a story for CNBC Pro subscribers, Pound lists the fund's top picks and reveals some of Davis' strategy.

 "It's possible that we will see a pause for awhile," Davis said, "but the earnings power of these companies will remain very robust for quite some time."

Thanks for reading Weekend Brief.  Email your thoughts to EveningBrief@nbcuni.com or follow me on Twitter @tellittoal.

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THE WEEK AHEAD

YOUR WEEKEND BRIEFING