Technology stocks and more specifically the Nasdaq 100 (QQQ) continue to show notable relative weakness versus the broader stock market in 2016, which is the opposite of what we saw in 2016. With some of the largest holdings of the Nasdaq 100 reporting earnings now this index and thus plenty of large cap tech stocks could come under renewed selling pressure.
Serge Berger
President/Founder
TheSteadyTrader.com
