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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 691.79+0.6%Jan 6 4:00 PM EST

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To: rimshot who wrote (899)12/17/2021 12:02:09 PM
From: rimshot   of 1118
 
What’s been behind the tech sell-off?

Most likely hedge fund de-grossing into year-end on concerns of much lower liquidity.
According to Goldman, HF's sold US Tech at the fastest pace in years and are now underweight
Tech by 4.5% vs. SPX, the lowest level ever on their record.

* from this morning's twitter feed of a Chief Investment Strategist
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