Friday's afternoon collapse of the tech sector was unusual to say the least. It was not a broad based sell-off. And while the late afternoon swoon took the Russell and S&P500 off their session highs, they both more than held their own despite the sharp move lower for the Nasdaq. Is this the start of a correction?
The stock market closed Friday at a new all time record high. Since the dawn of man, every single sell off for the market has ended up being a tremendous buying opportunity.
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Tuesday's Market Video - $SPY $IWM $QQQ $GLD
Thursday Morning Market Video - $SPY $FB $IWM $QQQ $GOOGL and more