2018-03-20

Why the Facebook Plunge Matters for Stock Investors

Tech sector inflows. Look at how much money has been pouring into technology in 2017 and 2018.
Look at how much the SPDR Technology sector ETF (XLK) has outpeformed the S&P 500 Index (SPY) (ratio chart).
Prior spikes in technology stocks have led to sharp reversals and a lot of investors rushed into technology stocks at all-time high prices.

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