The tech stocks are cratering as evidenced by the QQQ. This is a good time to be in cash or short the QQQ by buying the leveraged 3X inverse ETF SQQQ. Look at QQQ and AMZN and AAPL.
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Blog post: Day 2 of $QQQ short term down-trend but 378 new highs among US stocks; Non QQQ type stocks still rising; 4 oversold bounce (OSB) stocks: $PCH $DELL $BSIG $TBK
The QQQ showed strength at end of day Thursday. I found some strong stocks having an oversold bounce. These include: DELL, TBK, PCH and BSIG. All are above their green line tops and near their ATHs. If I buy an OSB stock I sell immediately if the bounce fails. Their daily charts:
