INVESTORS PLACING EXTREME BOLD BETS IN TECH STOCKS – THIS IS NOT A GOOD SETUP $NVDA $AMD $FB $GOOG $MSFT $INTC $AMZN $NFLX $AAPL $TSLA $SPX $DIA $BABA $DJIA $GOOGL
While most Americans are concerned about the coronavirus, a group of investors is placing bold bets on the leading sector in the stock market, technology stocks.
For the prudent investor, this is not a good setup. Let’s explore with the help of two charts.
Please click here for an annotated chart of the Dow Jones Industrial Average ETF DIA which tracks the Dow Jones Industrial Average DJIA. For the sake of transparency, this chart was previously published and no changes have been made.
Please click here for a chart showing segmented money flows in 11 popular tech stocks.
Note the following:
• The first chart shows monthly changes.
April 8, 2020