S&P 500 Sectors Today – This is Why Funds Have Been Dumping Tech Stocks For Weeks

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    Posted by CaspeanSea

    35 Comments

    1. When everyone and their grandmother is all in on weekly calls, you’ll always have days like this. Tons of leverage out there right now, and people are being forced to sell on small drops.

    2. Rotation to non-tech stocks underway. It’s a good day to be a dividend investor. At least for one day.

    3. Same thing happened in June and recovered the next week. Earnings will come out and shatter expectations and we will return to business as usual. Don’t panic sell, you’ll lose twice: at the market and the tax office.

    4. Any-Following6236 on

      Time to buy the dip then…what is the next word? Pussy? Buy the dip pussy.

    5. On the bright side I think I got automatically upgraded to deluxe NCAA CB 25 it’s currently downloading

    6. frankentriple on

      I just scooped up 200 shares @117.85 and 2 118c 8/2 for $NVDA. Worst case scenario I have thrown away a grand and am stuck with some NVIDIA shares. Gonna sell some way OOTM calls to recoup some of that grand when the price goes back up tomorrow. I have two and a half weeks, the upside could be pretty good here.

    7. When are you guys buying at to scare you all lol? This shit has been bull-running at unprecedented levels for what feels like ever.

    8. VikingMonkey123 on

      My mom’s portfolio is kicking ass, barely any tech in it. I’m dying in comparison. Especially today. Ooof.

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