2019-6-4 14:51 |
By CCN: We’re halfway to a bear market, at least for tech stocks. On Monday, it was a FANG bloodbath as the tech-heavy NASDAQ index skidded nearly 2 percent lower. It’s now down ten percent from its recent record highs.
But don’t rush to buy the dip. Things could get a whole lot worse for the tech sector – and fast. The Game Has Changed Over the past decade, tech stocks have crushed the rest of the market. Since the stock market bottom in 2009, tech stocks, as measured by the Nasdaq 100 QQQ ETF, are up 564 percent. Meanwhile,
The post The Tech Stock Meltdown Is Just Getting Started Amid Antitrust Knockout appeared first on CCN
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