Technology stocks just flashed their first sell signal since just before the market peaked in November 2021
As those mega-cap tech giants falter, more defensive sectors which have floundered since the start of the year are starting to perk up, signaling that a potential rotation among investors out of risky stocks and into more stable companies is materializing.
Such a drop makes sense given the sharp rebound in tech stocks so far this year, with the Nasdaq 100 up about 15% year-to-date, which is five times the gain seen in theover the same time period. Shares of Nvidia are up 79% year-to-date, while Amazon and Microsoft are up 15% and 14%, respectively.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
PRICE DROP: Get lifetime access to Microsoft Office 2021 for $54.99Don\u0027t miss this exclusive deal on Microsoft Office\u0027s full suite of applications and tools
Leer más »
Conservatives have softened China stance since riding losses in 2021 election, critics sayPierre Poilievre has stressed that Conservatives are friends of the Chinese people and share values like hard work, family and tradition.
Leer más »
Fed raised concerns over SVB risk management as early as 2021, Michael Barr says“SVB failed because the bank’s management did not effectively manage its interest rate and liquidity risk and the bank then suffered a devastating and unexpected run by its uninsured depositors,” Fed Vice Chair Michael Barr will tell Congress Tuesday.
Leer más »
Truck driver who scored huge upset over top N.J. Democrat in 2021 faces GOP primary challengeIt's an election of change: Nearly one-quarter of New Jersey's 120-member state Legislature aren't running for re-election.
Leer más »
Used Hyundai IONIQ 5 Review - 2021-presentRead the definitive used Hyundai IONIQ 5 2021 - present review from What Car?. We tell you what you need to know before you buy.
Leer más »
Republican issues subpoena for diplomatic cable warning of Kabul's 2021 collapseThe chairman of the House Foreign Affairs Committee wants a cable written by 23 State Department officials working in Kabul who warned about the Afghan capital's collapse a month before U.S. troops withdrew.
Leer más »