Stocks are kept after a Short Rotation Spike. Magnificent 7 lost $ 1.3 trillion in Seven Days
That $1.3 trillion came and went in one month, and people didn’t notice – it’s amazing. By Wolf Richter for WOLF STREET. This week was marked by a continued sell-off in technology and the collapse of a “cycle” that has been highly recommended for small caps: the S&P 500 is down 2.0%, the Nasdaq composite … Read more