By Matthew Carr Tech is king.
That’s been our mantra for 2020.
And investors have rung the register over and over again this year following that simple trend.
The Nasdaq soared to new all-time highs.
Individual standouts, like Zoom Video Communications (Nasdaq: ZM), have surged nearly 600% year to date.
But a couple of weeks ago, the mood began to sour. And the Nasdaq’s thunderous rally came to a stumbling end…
Over the course of a couple of hectic weeks, tech stocks shed 11.5%. The Nasdaq is now up only 11,000 and is in full-blown correction territory.
This mass reversal in tech has also triggered steep declines in both the …read more
