Rout lands on Nasdaq where shorts are massing, bulls getting outAs the Nasdaq 100 -- trading at more than 5 times annual revenue -- dropped more than 2.5%, volatility in tech stocks jumped by the most si...
Right now the momentum strategy works in market: Ajay Bagga‘Next year, there will be some rotation and beaten down cyclicals will come back as global growth recovers.’
What really caused the big tech slide on Wall Street overnightSystematic, computer-driven strategies probably had a hand in Friday’s tech plunge.