After a strong open this morning, the last few minutes of the trading day saw a plunge with QQQ taking the biggest hit closing down -2.53% for the day. Tech positions are dragging the markets even after monster earnings as investors rotate out of these high growth stocks and into different sectors with XLU (Utilities) and XLF (Financials) making big moves lately. QQQ closed at session lows right on the 50MA (Moving Average) and turned RSI (Relative Strength Index) back down below midline 50...
Please Login or Sign up for access to this content.