Tech Stocks Trashed After Biggest Fund Inflow Since 2000 Peak

by Tyler Durden
ZeroHedge.com
Mon, 03/19/2018

Lats week saw a massive $3.3 billion inflow into QQQ (the Nasdaq ETF) – this is the biggest retail flow into the fund since October 2000 (which didn’t end well).

The last time QQQ saw inflows of this magnitude was Oct 2000 – which preceded an 80% reality-checking collapse in stocks…

And so far, this morning sees things off to a terrible start as tech stocks are trashed by EU regs and Facebook’s fumblings…

The Rest…HERE

This entry was posted on Monday, March 19th, 2018 at 9:59 am and is filed under Economics, oops, Technology. You can follow any responses to this entry through the RSS 2.0 feed.