JC O'Hara notes tech stocks' momentum is slowing and valuati...
JC O'Hara notes tech stocks' momentum is slowing and valuations are stretched. Unprofitable tech companies are fading fast, a potential warning sign. He suggests a modest pullback could occur, leading to a 4% drop for the XLK.
Tech Stocks Likely Headed for a Pullback. These 5 Charts Show Their Momentum Is Starting to Fade.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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