Electric Slide

"The horror", Bloomberg's Eric Balchunas joked, on Tuesday evening, after a third straight day of sizable losses for big-cap tech stateside. Make no mistake, it is funny what counts as "mayhem" these days. Had you asked around in early April, most investors would have been thrilled at the prospect of stocks recouping even half of the March panic losses by year-end. While a few brave souls (JPMorgan's Marko Kolanovic and Morgan Stanley's Mike Wilson come to mind) suggested that equities would r

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One thought on “Electric Slide

  1. Other than regulatory I have no idea what marks a major top in tech but wow all the signs are there (including my view of few reasons it is a major top).

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