We shouldn't worry about the Nasdaq
A couple of weeks of vigorous growth, couple with a strong SP500 confirms this almost 3% drop is nothing to be worried about. The most likely explanation is profit taking and it coincides with the high volatility tech narrative. Another interesting observation is the movements the QQQ followed before its biggest 1 day drops this year. Both movements precede holidays and gapped up to then correct and move up again.
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