Big Tech Traders Are Not Buying the Dip

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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[travisbplank]

Someone has to catch the falling knife while the smart ones get out haha

[davidgray]

Oh dear I don’t know what David studied in his education but it wasn’t Economic History, and it shows. All the best from the U.K.

[ChrisRy]

Yes they did…don’t trust anyone. Bunch of clowns in suits

[briangasser]

I would rather own a tech ETF than a dividend ETFs. I don't see the growth in high dividend players like Verizon, GM, or tobacco companies.

[Sitti]

What a BS. Institutions were buying strongly while retails were panic selling.

[tshiamo_v]

Incredibly sound and clear-minded, its a nice break from all the speculative frauds/clowns we usually get to hear from

[production]

How you talk to an income investor about technology stocks that don’t give a lot of dividends but are based on growth expect to get any kind of rational advice or explanation.. why don’t you talk to somebody that actually invest in Tech as their main gig?… seems like a waste of time… if you don’t believe Nvidia is going to keep on growing then just get out and don’t be in stock like that because it’s gonna go up and down, but their business is so strong.. if you don’t believe that going to be supercycle up for Apple also get out.. how smart does Warren Buffett look selling Apple before the WWDC and the stock skyrockets after

[Mrrris]

How do you put the patriot act and snowden in one hand and not see reits the middle finger

[Lopez-ck]

Interesting, This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro Investor?

[phongdao]

Misinformation, I was buying and so was many others. Who doesn't buy the dip?....lol

[bigboybennython]

im all in on nvidia. im long but man nvidia just feels beat