Quote:
Originally Posted by gnuyork
What's going on today? My tech stocks are way down, mainly Apple.
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Quote:
Originally Posted by austinp
All the tech big boys have gone up a lot lately. Maybe some profit taking?
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Quote:
Originally Posted by jpeezy14@hotmail.com
Definitely an interesting turn on very little news.
Not sure what would cause such a rotation today. The market can't seem to figure out what it wants to do over the last couple of weeks. It's not as if a vaccine is around the corner to cause rotation into cyclicals now.
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https://seekingalpha.com/news/359430...-goldman-sachs
The Tech trade is vastly over heated and this note from GS was not helpful.
If you are not protected with stop/limit orders/ selling calls/buying puts or just trimming positions you may be in for a nasty surprise.
I sold half my AAPL today, sold all of my XOM, DD
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