(Bloomberg) — There are more signs of possible trouble ahead for high-flying technology stocks, this time from gauges of expected volatility.One alert stems from the widest spread since 2004 between the Cboe NDX Volatility Index, a measure of implied equity swings for the Nasdaq-100, and the counterpart so-called “fear gauge” for the S&P 500. Another comes from unusual simultaneous gains in the technology index and the NDX recently.This kind of pronounced shift in the relationship between the two volatility indexes tends to correspond with absolute and relative underperformance of the Nasdaq 100, particularly over three months, according to Julian Emanuel, …read more
Source:: Yahoo Finance
