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Big Tech Traders Are Not Buying the Dip

August 9, 2024
in AI & Technology
Reading Time: 1 min read
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When 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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