Bloomberg Technology
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Big Tech Traders Are Not Buying the Dip
Posted
August 6, 2024
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14,566
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August 6, 2024
14,566
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5:52Now PlayingWhen the Nasdaq 100 Index extended a three-day slump into the double digits at its lowest point on Monday, only a minority of investors took the chance to load up on shares of Nvidia, Apple and other Big Tech names, with many traders unconvinced that the selloff is over. The Bahnsen Group CIO David Bahnsen joins Ed Ludlow to discuss the firm's strategy to avoid Nvidia and other large tech stocks, anticipating a potential “disaster.” He speaks on "Bloomberg Technology."
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